Bitcoin | Ethereum | Altcoin

2022-05-02 10:18:02 Samsung’s Investment Arm To Pursue Asia’s First Blockchain ETF

Samsung Group’s investment arm is reportedly pursuing Asia’s first blockchain ETF in a bid to capitalize on growing demand.South Korea’s Samsung Asset Management will attempt to launch the fund sometime within the first half of 2022 on the Hong Kong Stock Exchange, The Korea Economic Daily reported Thursday.

It’s the first time an Asia-based ETF of its kind – that includes crypto – will be listed in the region. The vehicle is expected to track a basket of major blockchain tech companies.The move follows the asset manager’s acquisition of US ETF provider Amplify Holding Company in late March, in which it took a 20% stake via a special purpose vehicle. The investment arm is Amplify’s exclusive ETF partner in Asia, according to a press release.

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2022-05-01 11:21:02 DBS Will Focus on Institutional Crypto Before Looking at Retail Trading Desk

The CEO of Singapore's DBS Bank said in a recent earnings call that his bank’s focus is on expanding its crypto offerings to accredited and institutional investors and will consider opening up a retail line when regulators and the technology is ready.

During its previous earnings call in February, DBS said that it plans to launch a retail crypto trading desk by the end of 2022. However, in early April it did a complete flip on the plans citing regulatory worries.CEO Piyush Gupta did not explicitly rule out the retail crypto plan and said that the bank wants to focus on its accredited and institutional offerings in order to mature the technology and scale it.

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2022-04-30 22:10:08 Bitcoin | Ethereum | Altcoin pinned a photo Open / Comment

2022-04-30 22:09:54 Sphere Finance is a project dedicated to acquiring governance, farming liquidity and incubating projects that generate deep liquidity with the aim of taking over projects all over Polygon, and later other chains. It yields profits and sends them out in the form of $SPHERE tokens.

It is going to come out with a V2 contract soon. If you think you're late to the hype train, think again! They will make the APY sustainable, earn even more governance while also making the market whale proof. No whales are going to manipulate this. So far, they've also incubated 3 projects and have a huge share in them! Join the S&P 500 of Crypto now!

Telegram: https://t.me/SphereDeFi
Discord: https://discord.gg/w5BxKy7tJX
Twitter: https://twitter.com/SphereDeFi
Website: https://sphere.finance/ Open / Comment

2022-04-30 08:01:02 BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities

BlackRock has officially launched a blockchain-focused exchange-traded fund (ETF) that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets.

On Wednesday, the world’s largest asset manager, which currently manages approximately $10 trillion in assets, added the Blockchain and Tech ETF (IBLC) to its iShares product line.The ETF is comprised of 41 separate holdings, with the largest single holding being United States-based crypto exchange Coinbase making up 11.45% of the fund. This is closely followed by large Bitcoin (BTC) miners Marathon Digital Holdings with 11.19% and Riot Blockchain Inc., which accounts for 10.41% of the total holdings.

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2022-04-29 13:05:02 Failure to launch: Australia’s first 3 crypto ETFs all miss launch day

The launch of Australia’s first three Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETF) scheduled for Wednesday has been delayed as a result of further “checks” needing to be completed.

The exchange listing the Bitcoin Spot ETF from Cosmos Asset Management, Cboe Australia, released a statement late Tuesday stating that “standard checks prior to the commencement of trading are still being completed” and a “further update will be provided in the coming days.”Cboe issued the same notice regarding two spot ETFs issued by 21Shares also scheduled for launch today, a Bitcoin ETF and an Ether ETF.

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2022-04-29 12:42:36 Goldman Offers Its First Bitcoin-Backed Loan in Crypto Push: Bloomberg

Goldman Sachs Group Inc. offered its first ever lending facility backed by Bitcoin, in a significant step for a major U.S. bank that accelerates Wall Street’s embrace of cryptocurrencies.

The secured lending facility lent cash collateralized by Bitcoin owned by the borrower, a spokeswoman for the bank said. The deal was interesting to Goldman because of its structure and 24-hour risk management, she said in an email.

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2022-04-29 12:42:07 Goldman Offers Its First Bitcoin-Backed Loan in Crypto Push

Another move from a former non-bitcoiner!

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2022-04-28 16:24:02 Crypto Hacker Simply Burns $1M In Stolen Funds

Typically, crypto hacks are straightforward enough: find a vulnerability in a project or its code, exploit it, and profit. Last week, a hacker somehow screwed up the third step and after swiping $1 million worth of crypto left it permanently inaccessible.

The target was ZEED DeFi protocol, which runs on the Binance Smart Chain and describes itself as "an autonomous decentralized financial integrated ecosystem,” through its YEED token used in lending agreements. The attacker exploited a loophole in YEED's token contract that allowed them to extract extra tokens rewarded to YEED liquidity providers, as DeFi security firm BlockSec explained on Twitter.

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2022-04-27 11:09:02 Floki Inu resumes controversial ad blitz in London

The new campaign spanning buses and train stations across the city comes only a few weeks after regulators banned the previous ads from marketing run Floki Inu conducted in 2021.

Dogecoin (DOGE) rival Floki Inu (FLOKI) has begun what it calls an “aggressive” marketing campaign in London, plastering advertisements around the city’s train stations and on its famous red buses.Floki Inu announced the new campaign in a Sunday blog, noting that “the people’s cryptocurrency” will start advertising on the side of 100 buses and on 203 posters in the city’s underground train stations starting from Monday.

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