China’s financial giants Harvest Fund and Southern Fund have recently filed applications to launch a new spot Bitcoin ETF, according to local media outlet Securities Times. Harvest Fund And Southern Fund Spearhead Bitcoin ETF Push In China Despite China’s historical skepticism towards Bitcoin and cryptocurrencies, leading funds are now actively …
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The recent ban on crypto exchange Binance has left many Filipino users wondering whether their holdings will be forever lost. In a recent interview, attorney Paolo Ong discussed the Philippines Securities and Exchange Commission (SEC)’s decision to ban the exchange and how it has affected its users. Binance Is Not …
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So far, global crypto funds have soared to record annual inflows, reaching roughly $13.8 billion year-to-date as reported by asset manager Coinshares. This milestone marks a substantial increase in investor participation in the crypto market, highlighting growing confidence and interest in digital assets as a “viable” investment avenue. Notably, the …
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In a synchronized move aimed at disrupting the financial infrastructure backing Hamas, the United States and the United Kingdom have taken decisive action by imposing sanctions on Gaza Now, an internet-based media platform allegedly involved in financing the militant group. The focal point of these sanctions is directed towards Mustafa …
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The Munchables hacker, who recently exploited a weakness in the protocol and drained more than $62 million worth of Ether (ETH), has returned the keys holding the stolen funds. According to blockchain sleuth ZachXBT, the hacker allegedly worked as a developer on Munchables and has possible ties to North Korea. …
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Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds. A recent report from CoinShares highlighted nearly $1 billion net outflow from these funds, marking a historic departure from a 7-week inflow streak that had cumulatively amassed $12.3 billion. A Closer Look At The …
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The cornerstone of the modern approach to money laundering is to prevent illicit funds from entering the financial system. The rationale is understandable: if criminals won’t be able to use their money, they will have to eventually stop whatever they are doing and go get a 9 to 5 job. …
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The Fantom (FTM) Foundation has taken decisive steps to recover assets lost in the Multichain exploit that devastated various chains, including its own, resulting in a staggering $210 million loss. After failed attempts to engage with the Multichain Foundation, the Protocol has announced that it filed a lawsuit for “breach …
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The crypto investment space has reached a notable mark, with trading volumes hitting a high of $30 billion in trading volume last week. This surge, as reported by CoinShares, signifies a pivotal moment in accepting and integrating cryptocurrencies into mainstream financial portfolios. Coinshares also reported that the overall assets under …
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In two open letters to shareholders of the Walt Disney Company, grandchildren of Walt Disney and his brother Roy O. Disney came out in support of CEO Bob Iger and current management, which is being assailed by two investment firms trying to change the makeup of the company’s board. “From …
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According to a Reuters report, the US Securities and Exchange Commission (SEC) has raised concerns regarding Terraform Labs’ hiring of the law firm Dentons and the payment of litigation costs for its employees during the company’s bankruptcy proceedings. The SEC argues that a $166 million retainer payment made to Terraform …
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The creation of cryptocurrencies was a turning point for tech and finance. Cryptocurrencies changed investments. It spurred people to reimagine the concept of “money”. Today, almost everyone appreciates the profitability of cryptocurrencies and invests accordingly. In a way, it has also become quite competitive. Crypto investing is now all about …
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