Ethereum ETF flows flip positive even as ETHE total outflows top $2B
Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
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How to make a Metaverse: Secrets of the founders
Cointelegraph Magazine talks to some of the leading Metaverse founders to discover their secret sauce for Web3.Featuring co-founder of The Sandbox Sebastien Borget, co-founder of Upland Idan Zuckerman, head of metaverse growth of Unique Network Irina Karagyuar, chief marketing officer of Univers Peter Nguyen, co-founder of Alien Worlds Sarojini McKenna, co-founder of Immersys Daniel Knott,…

Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. 2579 Total views 38 Total shares Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining…

German asset manager Union Investment seeks BTC exposure for several funds
German funds and asset managers are expanding their horizons on crypto investments now that the nation has more favorable laws governing Spezialfonds. 970 Total views 19 Total shares Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients,…

Trump adds RFK Jr to transition team as former president faces new indictment
The pro-crypto ex-Democrat Robert F. Kennedy Jr. has joined Donald Trump’s team, which will help to form a government if Trump wins the presidential election in November.

How the digital yuan stablecoin impacts crypto in China: Experts answer
This is part one of a multipart series on blockchain and crypto in China.China has been discussing the possibilities of national digital currency for half a decade, and the Chinese digital yuan project — referred to as the Digital Currency Electronic Payment, or DCEP — has years of history. Back in 2014, the People’s Bank…

South Korea financial authority rules that NFTs are taxable
Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets. 194 Total views 2 Total shares South Korea’s Financial Services Commission, or FSC, announced Tuesday that nonfungible tokens, or NFTs, will be taxed starting next year. According to The Korea Herald, this tax law amendment would impose a 20% tax on…

Judge Says Plaintiff Can Proceed Against AT&T in $24M Hack Case
On Feb. 24, a California federal judge ruled that cryptocurrency investor Michael Terpin can proceed with his lawsuit against telecom corporation AT&T over a $24 million SIM hacking incident.Terpin is arguing that an AT&T agent who was bribed by a criminal gang supplied data that allowed the hackers to steal $24 million worth of cryptocurrency…

Bitfinex Plans to Launch Lightning Network Support for Stablecoin Tether: Report
Major cryptocurrency exchange Bitfinex is looking to launch the USDT stablecoin operated by sister firm Tether on the Lightning Network (LN), crypto news outlet The Block reported on May 31.Per the report, Bitfinex’s chief technology officer Paolo Ardoino told the outlet that the company plans to launch USDT on LN later this year. To pursue…