Investors pile a record $432M into Ether ETFs amid 9 days of inflows
Over the past two weeks, spot Ether ETFs have clocked in more than $1.3 billion in inflows as the cryptocurrency rallied close to $4,000.
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Australia outlines crypto regulation plan, promises action on debanking
Australia’s government, under its ruling center-left Labor Party, has proposed a new crypto framework regulating exchanges under existing financial services laws and has promised to tackle debanking. It comes ahead of a federal election slated to be held on or before May 17, which current polling shows is shaping up to a dead heat between

Synthetix takes on counterparty risks with Infinex derivatives exchange
The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX). 246 Total views 4 Total shares Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products.Kain Warwick, the founder, revealed intentions to introduce a new derivatives front-end called…

Blockchain Can Add $1 Trillion to World Trade By 2028, Says World Economic Forum
Distributed ledger technology (DLT) such as blockchain could generate $1 trillion in new trade over the next ten years, a joint report from the World Economic Forum (WEF) claims Thursday, September 13.The report, ‘Trade Tech – A New Age for Trade and Supply Chain Finance’, published in collaboration with Bain & Company, evaluates DLT prospects…

Coinbase Looks to Launch a Captive Insurance Company With Aon: Report
United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports on July 10.Per the report, industry sources told the outlet that Coinbase is looking to launch its captive insurance company in partnership with insurance brokerage firm Aon. According to accountancy news outlet CPAJournal, “a captive insurance…

Bybit opens registration to Chinese nationals overseas
Data suggested that more than ten million Chinese nationals lived outside the country, giving Bybit access to a larger pool of crypto users.

NYDIG set to bring Bitcoin adoption to 650 US banks and credit unions
NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts in 2021. 617 Total views 5 Total shares New York Digital Investment Group (NYDIG) has partnered with the Atlanta-based enterprise payment behemoth NCR to enable Bitcoin (BTC) services for banks and credit unions in the…

Half of unique active crypto wallets played a blockchain game in Q3
In-game NFTs have generated $2.3 billion in sales over the past three months and Axies are the top sellers. 843 Total views 7 Total shares The number of crypto wallets participating in blockchain games has surged in recent months according to new research.According to DappRadar’s Q3 ‘Blockchain Game Report’, unique active wallets connected to gaming…

Bitcoin miner sell-off fears as Puell Multiple nears ‘red zone’ last seen at 2017 peak
Bitcoin (BTC) miners are selling less and less BTC, but if one metric is correct, they could soon start causing a major price correction.In an update on March 11, Philip Swift, creator of on-chain data resource LookIntoBitcoin, flagged familiar warning signs from the Puell Multiple.Developed by David Puell, the Puell Multiple tracks when miners are…