Author: Admin-aX9d7
Today at the Token2049 conference in Dubai, Robert Mitchnick, BlackRock’s Head of Digital Assets, shed some insight that capital is once again flowing robustly into spot Bitcoin ETFs — but with a notable shift in who is investing. “The flows are back in a big way,” Mitchnick declared during a panel discussion alongside VanEck CEO Jan Van Eck and CME Group’s Giovanni Vicioso. Moderated by Bloomberg’s Eric Balchunas, the conversation focused on the evolving investor landscape in crypto markets. Mitchnick explained that when spot Bitcoin ETFs were first launched, most inflows came from retail investors, including some high-net-worth individuals placing…
BTC stable, BlackRock to Tokenise huge Fund, HOUSE hits $100MBTC stable, BlackRock to Tokenise huge Fund, HOUSE hits $100M FOMO HOUR EP347 BTC stable, dominance rises towards 65%. Blackrock may tokenise $150bn money market fund. Senate could vote on Stablecoin legislation soon. BTC to hit $1m by 2028: Hayes. CBOE launches BTC index futures. BTC data storage debate grows. BTC whale loses $330m in hack. OFAC sanctions on Tornado cash ruled illegal. SEC extends rule review for DOGE ETF, XRP fund. SEC drops investigation into Paypal stablecoin. Libre to launch tokenised bonds on TON. UK plans regulatory framework for crypto…
In brief The amount of money lost in the crypto space already surpasses 2024’s record, crypto data firm Immunefi has said. Year-to-date, $1.7 billion has disappeared from crypto projects. A lot of that is down to hacks—with cybercriminals stealing nearly $100 million in April alone. Digital assets may be firmly in the mainstream, with institutional involvement and a crypto-friendly president in the White House. But hackers and fraudsters are having a field day so far this year.Crypto users have lost over $1.7 billion to these groups—already 14% more than 2024’s total losses of $1.49 billion, according to blockchain security firm Immunefi.In…
In brief A production company has secured rights to turn the life of James Howells into numerous media ventures, including a docuseries. Howells says he lost a hard drive containing $750 million worth of BTC over a decade ago. For years, he has unsuccessfully lobbied to search the landfill where he maintains the drive is still buried. The story of a Wales man who believes he accidentally threw away $750 million worth of Bitcoin is now poised to get the Hollywood treatment. On Wednesday, a new Los Angeles-based production company, Lebul, announced that it secured the exclusive rights to tell the…
Sam Altman’s controversial blockchain project, World, is launching in the U.S. – and said it intends to roll out 7,500 eye-scanning “orbs” in cities across the country by the end of the year.World’s orbs — chrome, bowling ball-shaped devices that scan a person’s eyeballs to confirm their identity — will initially be available to Americans in six “key innovation hubs,” the company said: Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco. Those who decide to take the plunge and gaze into the orb will gain access to the World app and receive an airdrop of World’s WLD token. By the…
In brief Ripple made a $4-5 billion offer to acquire USDC issuer Circle, but was rejected, per Bloomberg. Ripple CEO Brad Garlinghouse said in March that the firm may look to buy “blockchain infrastructure companies.” Stripe’s deal to buy stablecoin firm Bridge for $1.1 billion represented one of crypto’s largest deals to date. Crypto payments firm Ripple made a multi-billion-dollar offer to acquire USDC stablecoin issuer Circle, Bloomberg reported Wednesday, citing people familiar with the matter.The offer was said to be in the range of $4 billion to $5 billion, but was reportedly rejected as being too low. At the…
In brief Visa is partnering with Bridge, a unit of payment services provider Stripe, to offer the service. The debut is being piloted in Latin America. Mastercard on Monday introduceda new stablecoin service. Visa will enable customers in six Latin American countries to execute transactions in stablecoins via a pilot program it is seeking to expand, the payments giant announced on Wednesday.Card holders in Argentina, Colombia, Ecuador, Mexico, Peru and Chile will be able to make everyday purchases from a stablecoin balance at any merchant location that accepts Visa with the new cards, the San Francisco-based multinational said in a…
The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one crypto founder says.Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, told Cointelegraph at Token2049 in Dubai that “the advantage of Bitcoin DeFi is that the market is much bigger, you have a much bigger retail user base that you can tap into.”“It’s not easy to convert it, but if you manage to win in Bitcoin DeFi, you win the entire market.”Zamyatin said the 300 million Bitcoin users would mean…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…
Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4.Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping Zacks analyst estimates by 3.16%.The company’s crypto revenue plummeted nearly 30% quarter-on-quarter to $252 million from the firm’s record-setting Q4 2024. The drop could be partly attributed to the Trump administration’s tariffs, which triggered an 18% fall in the crypto market cap over the quarter.Crypto trading volume on Robinhood also fell 35% over Q1 compared…