DIGITALASSETS
George Soros’s Family Office Confirms Trading Bitcoin
The investment firm owned by billionaire investor George Soros is the latest family office to invest in Bitcoin and see cryptocurrencies as a hedge against inflation.
US Congressman Proposes Safe Harbor for Digital Token Issuers in a New Bill
A new bill has just been sponsored by an American lawmaker from North Carolina, Patrick McHenry, seeking to grant a safe harbor for some token transactions
New Zealand Eyeing the Possibility of Rolling Out a CBDC
New Zealand is in the race of setting up a central bank digital currency (CBDC) because it sees it as a stepping stone towards attaining an efficient monetary policy tool.
Mastercard Attains CipherTrace to Boost Security and Fraud Detection in the Crypto Ecosystem
Payment giant Mastercard announced the acquisition of CipherTrace to offer businesses powerful intelligence about the crypto economy as digital assets continue becoming more intertwined with daily activities.
WWE Launches John Cena-Inspired NFTs Just in Time for SummerSlam
World Wrestling Entertainment (WWE) announced the creation of non-fungible tokens (NFTs) inspired by 16-time world champion John Cena.
Coca-Cola to Launch First-Ever NFT Collectibles to Honor International Friendship Day
Coca-Cola has partnered with Tafi, a leading designer of avatars and digital wearables, for the company’s first-ever non-fungible token (NFT) to celebrate International Friendship Day to be held on July 30.
Fidelity Study Shows 70% Institutional Investors Eyeing for the Crypto Market
Despite institutional investment in the crypto market evaporating, a study conducted by Fidelity shows that 7 in 10 institutional investors are eyeing the crypto sector in the future, most of them intend to purchase digital assets.
French Central Bank Succeeds in CBDC Experiment in the Issuance of a Government Bond
The Banque de France or Bank of France, the central bank of France, has prospered in undertaking an experiment on using a central bank digital currency (CBDC) to issue a French government bond.
U.S. State Street Bank Joins Digital Asset Space with New Cryptocurrency Division
State Street bank based in Boston wants to bet on digital currencies like Bitcoin. The bank has announced that it is creating a new unit to help clients and investors hold, buy, and sell digital assets.
All Crypto Assets Correlation Meets Greater Than 60% with Bitcoin
The correlation between Bitcoin and other cryptoassets like Ethereum (ETH) and Litecoin (LTC) is above 60%, as acknowledged by Messari Crypto researcher Mira Christianto.
Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone
Following a memorandum of understanding (MoU) between the Dubai Multi-Commodities Centre (DMCC) Free Zone and the Securities and Commodities Authority (SCA), crypto businesses have been granted the liberty to operate in DMCC once registered licenses are granted.
With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest
BTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.
BOJ Governor: Japan Should Prepare "Thoroughly" for the Issuance of its Digital Currency
Haruhiko Kuroda, the Bank of Japan (BOJ) governor, has highlighted the need for the nation’s central bank to prepare thoroughly for the rollout of its digital currency with initial experiments expected for this spring.
Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler
Bitcoin (BTC) dipped after Gary Gensler said that it was a challenge for the SEC to keep cryptocurrency markets free of fraud.
Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand
Grayscale Investments LLC has announced plans to explore other digital assets.