Crypto for Advisors: The Regulators are Here
As the crypto industry matures, regulators have indicated they will continue to focus on crypto after the spot bitcoin ETF approvals.
Financial
Financial
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder
The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.
Financial
Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum’s Experience
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain’s playbook, and could spring up as demand grows for blockspace on Bitcoin.
Financial
Crypto Crime Amounted to Over $24B in 2023: Chainalysis
The figure is nearly 40% less than that of 2022, however it is only provisional, Chainalysis stressed.
Financial
Protocol Village: Matter Labs, iCandy Plan New ‘Hyperchain’
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 18-24.
Financial
Grayscale Bitcoin ETF Liquidity Provider Flowdesk Raises $50M Series B
Flowdesk will use the funding to grow its over-the-counter (OTC) offering, hiring new personnel and expand its regulatory coverage in Singapore and the U.S.
Financial
First Mover Americas: dYdX Beats Uniswap, Bitcoin Outlook Dour
The latest price moves in crypto markets in context for Jan. 18, 2024.
Financial
BlackRock’s Bitcoin ETF Hits $1B AUM in One Week
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, veri shows.
Ethereum Staking Platform Kiln Raises $17M for Global Expansion
The crypto firm plans to grow its business in Asia-Pacific with the opening of a new regional headquarters in Singapore.
Financial
TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues
TUSD went as low as 97 cents as Binance veri shows traders apparently sold over $300 million worth.