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Crypto Funds Suffer Fourth Straight Week of Outflows as Bitcoin Stalls
4.5.2022
Some $120 million flowed out of digital-asset funds in the week through April 29, according to CoinShares
Bitcoin Funds Sees Largest Weekly Outflows in a Year, ‘Hawkish Rhetoric’ to Blame
4.5.2022
Investment funds backed by bitcoin (BTC) last week saw their largest outflows for a single week since June of 2021, with USD 132.7m being withdrawn by investors, according to data from the crypto investment and research firm CoinShares....
Read More: Bitcoin Funds Sees Largest Weekly Outflows...
Virginian county wants to put pension funds into DeFi yield farming
4.5.2022
The next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance
Bitcoin funds saw largest single week of outflows since June 2021
4.5.2022
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote
Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale
2.5.2022
Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction several signed jerseys to raise funds for Ukrainian citizens affected by the ongoing war with Russia. FC Shakhtar Donetsk to Auction Digital Collectibles With Help...
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
30.4.2022
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit....
Bitcoin Legal Tendering, Twitter Takeovering, Funds Forever Locking and 20 Crypto Jokes
30.4.2022
Read More: Bitcoin Legal Tendering, Twitter Takeovering, Funds Forever Locking and 20 Crypto Jokes
Crypto Funds’ Easy On-Ramp Can Be a Big Problem Without the Right Guidance
28.4.2022
It’s important for financial advisors to do due diligence on investing in crypto funds, and on the funds themselves
Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
26.4.2022
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures...
Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans
26.4.2022
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen...
Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’
26.4.2022
Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with...
Crypto Funds Saw Minor Outflows Last Week
25.4.2022
Some $7 million flowed out of digital asset funds in the week through April 22, according to CoinShares
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com
25.4.2022
The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and Blockchain.com aims to use the funds to bolster its own “liquidity pools, leverage...
Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine
25.4.2022
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army...
Altcoin Roundup: Crypto indexes offer broad access, but are they profitable in the long run?
22.4.2022
Trading crypto can be tricky, but a portion of the risk can be mitigated by investing in crypto indexes. Here’s some of what the market has to offer
Binance recovers $5.8M in funds connected to Ronin bridge exploit
22.4.2022
Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker
Columbia Uni professor heads up a16z's new crypto research unit
22.4.2022
Following his appointment as head of research, Tim Roughgarden stated that a16z’s funding into crypto research will grow by “many multiples of the next couple of years.”
Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’
21.4.2022
Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory...
Australia Crypto ETF Market Heats Up With Two More Spot Funds Set to Launch
20.4.2022
21Shares and ETF Securities plan to introduce standalone bitcoin and ether spot exchange-traded funds in Australia next week