Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did... Read more »
According to a Sept. 3 statement, 21.co, the parent company of 21Shares, has introduced its Wrapped Bitcoin product (21BTC) on the Ethereum blockchain. The company stated that it was collaborating with Flow... Read more »
Key Takeaways Nexo resumes UK client registrations with updated compliance measures. The company recognizes the importance of educating clients about the regulatory framework and aims to provide tailored educational resources to help... Read more »
Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly appointed CEO... Read more »
Venture capital (VC) funds invested $634 million in crypto startups in August — up 15% from July, based on DefiLlama data. Projects focusing on blockchain infrastructure secured nearly $460 million in funding,... Read more »
Qatar has launched a new framework to regulate digital assets, aiming to create a secure and transparent ecosystem. The framework is expected to attract domestic and international players and support the development... Read more »
Key Takeaways Digital asset investment products saw $305 million in outflows last week. Short Bitcoin investment products recorded $4.4 million inflows, the largest since March. Share this article Crypto funds experienced outflows... Read more »
Crypto investment products faced significant outflows last week, totaling $305 million, as negative sentiment spread across various providers and regions, according to CoinShares‘ latest weekly report. James Butterfill, CoinShares’ head of research,... Read more »
Key Takeaways US Bitcoin ETFs saw a total of $277 million in outflows last week. BlackRock’s iShares Bitcoin Trust reported rare net outflows by week’s end. Share this article Outflows from US... Read more »
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen... Read more »
