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Benk On Building A Global Financial ‘Super App’
31.10.2023
PRESS RELEASE. Today, it’s exciting to announce the birth of Benk, a pivotal development within the decentralized economy. Benk introduces a secure and user-friendly monetary management system, along with investment prospects in various domains, including startups, stocks, cryptocurrencies...
SBF says spending FTX customers' money was part of 'risk management': Report
31.10.2023
At the time of bankruptcy, FTX faced a shortfall of $8 billion owing to its customers
Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report
31.10.2023
Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea
Vanguard Has No Plans to Join Asset Management Rivals in Pursuing Bitcoin ETFs: CEO Tim Buckley
31.10.2023
Asset management firm Vanguard has revealed that it will not be joining its competitors in pursuing a spot Bitcoin exchange-traded fund (ETF). While rivals like BlackRock and Fidelity have pending applications for Bitcoin ETFs, Vanguard CEO Tim Buckley stated in a recent interview with CNBC that...
'I don't own Bitcoin, but I should' — legendary investor Druckenmiller
31.10.2023
Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
31.10.2023
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on...
Bitcoin-Friendly El Salvador Poised to Become Financial Center of the Americas, Says VanEck Strategy Adviser
30.10.2023
Incoming investment capital and immigration will lead to a major economic shift that will turn El Salvador into a financial center, argued Gabor Gurbacs, strategy adviser of investment management giant VanEck. Gurbacs tweeted that, “I say often to portfolio managers and asset allocators that...
VanEck Files Amended Application for Bitcoin ETF with SEC
30.10.2023
New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC). In a notable departure from the strategies followed by other...
Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App
29.10.2023
Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password manager to consider removing their keys...
VanEck amends application for spot Bitcoin ETF
29.10.2023
VanEck joins the group of asset managers updating applications for a spot Bitcoin ETF in the United States
Bitcoin-friendly El Salvador can become the 'Singapore of the Americas': VanEck advisor
29.10.2023
VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years
Bitcoin Products Dominate 73.3% of Market Share as Crypto Assets Under Management Grows to $31.7 Billion
27.10.2023
Digital assets under management have soared by 6.74% to $31.7 billion after a string of positive developments amid wider market uncertainties. A new market report released by CCData shows growth in crypto-related products, key activities, and a review of trading volumes in the wake of plunging...
SBF Testifies FTX had no Risk Management Team, Denies Defrauding Anyone: “A lot of people got hurt”
27.10.2023
Bankman-Fried began his formal testimony in front of the jury shortly before 10 a.m. this morning in his landmark fraud case. It comes after his “dry-run” in front of Judge Kaplan yesterday afternoon following disputes between the prosecution and defense over what the defendant could...
Today in Crypto: Digital Asset Product AUM Surged to $31.7 Billion in October, Binance Validated 300 User-suggested Features
27.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news In October, the total assets under management (AUM) for digital asset products surged by 6.74% to reach...
Crypto Assets Under Management Jump to $31.7B; SOL-Based Products Rise 74%: CCData
27.10.2023
Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund
FTX’s Next Move: Three Bidders in the Running for Relaunch
26.10.2023
Bankrupt crypto exchange FTX’s new management is evaluating proposals from three potential bidders to revive its trading platform, according to a Bloomberg report. The final decision on how to proceed is expected by mid-December, as stated by Kevin M. Cofsky, an investment banker from Perella...
Grayscale Forms Strategic Alliance with FTSE Russell for Innovative Crypto Index Venture
25.10.2023
Grayscale Investments, a major US digital asset management firm, has joined forces with FTSE Russell, the index division of the London Stock Exchange-owner LSE Group. According to an announcement from the two companies, the partnership aims to introduce a new crypto index business under the name...
BlackRock fined $2.5M by SEC for incorrect investment disclosure
25.10.2023
The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC confirmed that the listing has been there since August
Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management
20.10.2023
XRP was a big gainer on Friday, as markets reacted to the SEC’s decision to drop its lawsuit against Ripple’s management team. The commission previously alleged that CEO Brad Garlinghouse and chairman Chris Larsen had violated securities laws. Solana also surged, rising by over...
Grayscale Files New S-3 With SEC, Pushing to Convert Bitcoin Trust Into NYSE Spot ETF After Court Win
19.10.2023
Grayscale Investments, the leading digital asset manager by assets under management (AUM), unveiled on Thursday its latest submission to the U.S. Securities and Exchange Commission (SEC). This move seeks to list the Grayscale Bitcoin Trust (GBTC) as a spot exchange-traded fund (ETF) on NYSE Arca....