FTX pencils deal to access $600M in Robinhood shares
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.
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Southeast Asia’s first Bitcoin fund launches to meet local institutional demand
The BCMG Genesis Bitcoin Fund-I will be available to accredited Asian investors. 2294 Total views 14 Total shares The Malaysia-based BCMG Genesis Bitcoin Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region.An announcement states the fund launched in response to a growing demand for…

Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions. Own this piece of crypto history Collect this article as NFTNigeria has drastically reduced the amount of cash individuals and businesses can withdraw as it attempts to push its “cash-less Nigeria” policy and increase the…

Philippines’ fintech achieves unicorn status after embracing crypto payments
Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet. 534 Total views 26 Total shares Voyager Innovations, the firm behind the Philippines' top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation. Voyager…

Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K
Bitcoin (BTC) breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. XAU/BTC ratio weekly performance chart. Source: TradingView/NorthStar Popular analyst NorthStar says this breakdown could spell the end of Bitcoin’s 12-year bull run if it stays under the gold trendline for even a week or—worse—a month.

Hamster Kombat tappers evolve with Swipe-to-Earn + Axie Pals Tamagotchis: Web3 Gamer
Hamster Kombat is “lighthearted and fun” but tap-to-earn gameplay is evolving; gamers playing 80-hrs a week to win a $100K prize: Web3 Gamer.

Blockstream Enables Atomic Swaps for Liquid Sidechain Assets
Blockchain infrastructure firm Blockstream has launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network, according to an announcement published on July 1.The Liquid Network is a federated sidechain on the bitcoin (BTC) blockchain that functions as a settlement and payments network for crypto exchanges, market…

Dubai recognizes USDC, EURC as first stablecoins under token regime
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.

DeFi problems and opportunities in 2023: Market Talks
Join us as we discuss decentralized finance, how it performed in 2022, and what its potential is in 2023. 296 Total views 3 Total shares Own this piece of history Collect this article as an NFTOn this week’s episode of Market Talks, Cointelegraph welcomes Grant Shears, founder of Blocmates — an educational and consultancy company…