Michigan pension fund maintains Bitcoin ETF investment, adds Ether ETFs

The billionaire investor got stuck into a heated debate with former Securities and Exchange Commission official John Reed Stark over crypto regulation. 467 Total views 26 Total shares Crypto Twitter was witness to a fierce debate this week, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a…

Dolce & Gabbana knocking on the Dior of NFTsLuxury Italian fashion house Dolce & Gabbana is entering the NFT sector with a nine-piece collection of tokenized fashion pieces in collaboration with the Polygon-based UNXD marketplace.The firm was founded by designers Domenico Dolce and Stefano Gabbana in 1985 and has since evolved into a multinational giant…

If the crypto sector is to attract more institutional investors, it will need to provide more insurance solutions. This point was driven home anew with the recent news that the Gemini crypto exchange has launched a captive insurance company, Nakamoto Ltd., to insure its Gemini Custody business for up to $200 million — reportedly the…

Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. 490 Total views 29 Total shares Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further…

A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. 1126 Total views 19 Total shares Though Bitcoin’s (BTC) correlation with gold has diminished, the asset’s correlation with the S&P 500 stock market index is on the rise, researchers from Kraken exchange found.Kraken Intelligence, a research arm of major United States…

When exchange listing news hits the crypto market, there’s often a spike in trading volume and a rapid (if often short-lived) appreciation in the price of the crypto asset. The degree of movement depends on the exchange making the announcement, the liquidity of the token and many other factors — but as has been identified…

The individual who exploited the protocol intends to keep a 10% bounty of the stolen funds. 305 Total views 4 Total shares Four projects have received some $7 million worth of tokens from the hacker behind the $14.5 million Team Finance exploit on Oct. 27. Over the weekend, the attacker confirmed in a series of messages…

Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled. 1482 Total views 8 Total shares A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London” hard fork in July. Ethereum lead developer Tim Beiko previously…

It may seem surprising, but platforms designed for loans and lending through the use of cryptocurrencies are a relatively new development for the crypto industry. Each platform adheres to its own strategy, but the idea shared by all is that users put their cryptocurrency into an automated smart contract as collateral for a loan. The contract…