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2 years, 1 month ago
UBS Launches Ethereum-Based Money Market Fund Pilot
UBS Asset Management, a major global fund management company, has launched its first “live pilot” of a tokenized money market fund on the Ethereum blockchain. The company is using its proprietary service, UBS Tok…
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2 years, 1 month agoShiba Memu Presale Surpasses $3.5 Million Mark as Crypto Market Ranges
Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to convert its Ethereum Trust (ETHE) to a spot Ethereum exchange-traded fund (ETF). The Ethereum Trust is the largest Ether…
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2 years, 1 month agoSam Bankman-Fried Faces Trial for Alleged $8 Billion Crypto Fraud
Sam Bankman-Fried, often referred to as SBF, is facing one of the most significant legal battles in the crypto industry. SBF was a renowned figure in the crypto industry, leading the celebrity-endorsed…
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2 years, 1 month agoRipple IPO: Exploring the Possibilities of XRP's Price
Ripple’s potential Initial Public Offering (IPO) has sparked intense speculation in the XRP community. Wall Street financial veteran Linda Jones has suggested a potential valuation of Ripple’s stock at $35 per sha…
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2 years, 1 month agoChainalysis Cuts 15% of Staff Amid Crypto Bear Market
Chainalysis, a blockchain analytics firm, has reduced its headcount by 15% this week, amounting to approximately 135 staff. This is the second round of cuts for the company this year due to the ongoing crypto bear…
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2 years, 1 month agoBitcoin Rally Triggers $110 Million in Futures Market Liquidations
Bitcoin’s price has surged above the $28,400 level, triggering $110 million in liquidations across the cryptocurrency futures market. The asset’s value has shot up since yesterday, reaching as high as $28,500. Oth…
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2 years, 1 month agoJPMorgan CEO Jamie Dimon: AI Could Replace Humans in Certain Roles
JPMorgan CEO Jamie Dimon believes that artificial intelligence (AI) could be applied to every single process of the firm’s operations and may even replace humans in certain roles. In an interview with Bloomberg, D…
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2 years, 1 month agoXRP Price Prediction: Crypto Analyst Forecasts New All-Time High of $5.85
Crypto analyst Dark Defender has presented a bullish prediction for the XRP price, with a target of $5.85, a 1,100% increase from its current price of $0.523. The analysis is based on the fact that XRP closed the…
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2 years, 1 month agoCFTC Chair Calls for Crypto Regulation Update
U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has called for a substantial regulatory framework to be implemented in the cryptocurrency market. He believes that approximately 70% of the…
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2 years, 1 month agoShiba Memu: The AI-Powered Meme Crypto with 50x Potential
Shiba Memu (SHMU) is a new meme cryptocurrency that has raised over $3.48 million in its presale. It has a unique value proposition that sets it apart from other meme cryptocurrencies, as it uses AI to analyse…
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2 years, 1 month agoCoinbase Obtains Major Payment Institution License in Singapore
Coinbase, a US-based cryptocurrency exchange, has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Coinbase to provide regulated digital…
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2 years, 1 month agoUBS Launches First Live Pilot of Tokenized VCC Fund in Singapore
UBS Asset Management has achieved a major milestone in the tokenization of real-world assets with the launch of its first live pilot of a tokenized Variable Capital Company (VCC) fund in Singapore. The fund is part…
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2 years, 1 month agoPEPE Price Predicted to Surge 400% Following Bullish Reversal Pattern
The meme coin PEPE has been one of the best performing cryptocurrencies over the last week, and a pseudonymous crypto analyst has predicted a meteoric rise for the PEPE price that could see it reach triple digits.…
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2 years, 1 month agoUBS Launches Tokenized Money Market Fund Pilot Program on Ethereum
UBS Asset Management has announced the launch of a “tokenized money market fund” pilot program on Ethereum (ETH). The pilot program, led by the Monetary Authority of Singapore (MAS), uses UBS Tokenize, the com…
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2 years, 1 month agoNine Ethereum Futures ETFs Now Available for Trading
Nine Ethereum futures exchange-traded funds (ETFs) became available for trading on the Cboe exchange on October 2. Six asset managers, Valkyrie, VanEck, ProShares, Bitwise, Kelly, and VolShares, are offering the…
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2 years, 1 month agoCrypto Hacking Incidents Jump 153%, Losses Reach $685 Million in Q3
Crypto hacking incidents jumped 153% in the third quarter of 2022 compared to the same period last year, with 76 incidents reported in Q3 and losses from hacks and fraud rising to more than $685 million. The two…
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2 years, 1 month agoInvestors Drop Class-Action Lawsuit Against Terraform Labs and Do Kwon
A class-action lawsuit against Terraform Labs and its co-founder Do Kwon over fraud allegations has been dropped. The notice of voluntary dismissal was filed on Sept. 28 in the United States District Court for the…
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2 years, 1 month agoVolatility Shares Cancels Ethereum Futures ETF Launch
Volatility Shares, a financial firm offering a range of exchange-traded fund (ETF) products, has cancelled its plans to launch an Ethereum futures ETF on Oct. 2. In an email with Cointelegraph, the company’s c…
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2 years, 1 month agoMacro Investor Luke Gromen Predicts Bitcoin, Gold to Flourish Amid US Fiscal Issues
Luke Gromen, a veteran macro investor, believes that both Bitcoin (BTC) and gold can benefit from the mounting fiscal issues in the US economy. Gromen believes that the Federal Reserve’s quantitative easing and o…
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2 years, 1 month agoCFTC Chair Highlights Crypto Enforcement, Calls for Updated Legislation
Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), spoke at the Financial Industry Association Expo 2023 event in Chicago about the agency’s activity in the crypto sphere and t…
