Block’s peer-to-peer money platform, Cash App, contributed $624 million to the bottom line. Bitcoin started the year trading around $47,000 and ended the quarter around the same. Block also confirmed it sold none of its enormous bitcoin stash last quarter and recorded no impairment loss. …Read the full story
LFG, the nonprofit organization built to support Terra, announced Thursday that it had closed a $1 billion over the counter swap of UST for bitcoin led by digital asset prime broker, Genesis. The announcement comes less than a month after LFG acquired $100 million of the Avalanche Foundation’s native token AVAX to build UST reserves. […]
Bitcoin has plummeted this much in a single day on just one other occasion this year. …Read the full story
In fact, word broke of a $70-million loan from crypto service provider NYDIG Wednesday, cash Argo will use to acquire more mining rigs — bringing the total loan above $97 million. “I’m extremely grateful to everyone who has been involved in the planning and execution of Helios,” CEO Peter Wall said in a statement. The […]
Despite a lack of formal licensing, crypto mining outfits across the country are required to register with the new Uzbek National Agency for Perspective Projects. Proposed legislation from January 2020 would have developed a national mining pool, providing discounted electricity to member miners. Kazakhstan’s power grid, on which Uzbekistan and Kyrgzstan’s business and residential sectors […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. Fidelity’s Digital Assets Account offering is expected to be available to the roughly 23,000 employers using the company’s platform by mid-year. While some of these investment options offer exposure to crypto, assets into such products amounted to less than 1% […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. The legislation focuses on defining how citizens can interact with digital assets, Finance Minister Herve Ndoba said, according to a Bloomberg report. The Central African Republic — one of the poorest countries in the world, according to the World Bank […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. The fund is designed to offer uncorrelated long-term returns and wealth protection in an inflationary environment, 21Shares said in a Wednesday statement. Its products are listed on 10 regulated European exchanges.The company has launched a handful of ETPs this year, […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. It enables employees to gain exposure to bitcoin by purchasing units of an account as part of their investment strategy, versus a direct purchase of bitcoin. Fidelity estimates that roughly 80 million US individual investors currently own or have invested […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. Following its approval of several bitcoin futures ETFs in October, the watchdog greenlighted another such fund filed by fund group Teucrium. GBTC, which launched in 2013, has $25.3 billion in assets. Cassandra Lentchner, president of institutional crypto platform BitGo, was […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. Hashdex, a Brazil-based asset manager, was not named in the original May 2021 filing. The Ark brand, associated with investments in disruptive innovation, carries weight among many investors in the US despite year-to-date negative returns across its products. As for […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. 21Shares CEO Hany Rashwan told Blockworks the firm has been working to provide Australian investors easier access to crypto for years. Last month, Australia’s ANZ Bank became the first major financial institution in the country to issue and execute payment […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. …Read the full story
With more than 5,000 people attending, it will be the largest DeFi conference in history. Akin to crypto asset manager Grayscale Investments, which is aiming to convert its Grayscale Bitcoin Bitcoin Trust in the same manner. Chris Matta, president of 3iQ’s US business, said the SEC is likely waiting on more regulatory oversight of exchanges. […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. The SEC has repeatedly denied proposals from fund groups to launch a spot bitcoin product. 3iQ had been working with the OSC’s Investment Funds and Structured Products branch for more than two years before the IFSP director concluded in February […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. The SEC’s ruling on the conversion is expected in July. Though the conversion of GBTC to an ETF is the number one priority for the firm, Sonnenshein said, the firm expects to launch more products targeting different subsets of the […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. Jack Dorsey’s digital payments company Block, formerly Square, and bitcoin infrastructure provider Blockstream have announced a development in the partnership they first announced in June 2021. The team plans for the dashboard eventually to include solar, storage performance data points […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. El Salvador’s case, a world-first, has drawn the ire of policymakers in the US and has prompted legislation in the House and Senate, which seek to study the potential risks to the world’s largest economy. Prospera, established in 2020, is […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. Not content with targeting the online payments market, Strike — a digital payments platform based on the Lightning network — has also moved to enable in-person transactions via Lightning, connected by a user’s bitcoin wallet of choice. There’s no word […]
With more than 5,000 people attending, it will be the largest DeFi conference in history. Its system of payment channels does not publish intermediate transactions to the blockchain while open, holding them off-chain to enable instant and efficient value transfer, an April 1 Kraken blog post states. These off-chain channels remain secured by the Bitcoin […]