US Bitcoin ETFs lose $1.14B in two weeks amid US-China trade tensions
US Bitcoin ETFs saw $1.14 billion in outflows over two weeks, the largest since their launch, as trade tensions and monetary policy concerns weighed on investor sentiment.
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Five Canadian Banks Employ SecureKey Blockchain System to Identify Users
Five Canadian banks will be employing a blockchain-based user identification system developed by tech startup SecureKey Technologies, Bloomberg reports on May 1.Per the report, the Verified.Me digital identity system is now available to clients of the Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Canadian Imperial Bank of Commerce and Desjardins Group. The…

BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari
The Binance-native blockchain BNB Chain has continued to show steady activity growth in the fourth quarter of 2022 despite the broader crypto bear market according to recent research.In a “State of BNB Chain Q4 2022” report published on Feb. 5, Messari researcher James Trautman revealed that the Binance network had continued with an “aggressive strategy to…

Bitcoin miner Iris Energy faces $103M default claim from creditors
The company is facing a cash flow crisis due to tough market conditions. 322 Total views 3 Total shares According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged that Iris…

CleanSpark to raise $550M via bond, not buy BTC with proceeds
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds.

Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
Shares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company.

Bitcoin Price Tackles $12,000 After Breaking Through a Key Resistance Zone
Bitcoin price has pushed through $12,000 for the second time this month but will it hold? 983 Total views 22 Total shares Within the last hour Bitcoin (BTC) price pushed through the $11,800 resistance and finally made its way back above $12,000. Crypto market daily price chart. Source: Coin360The sharp upside move came after a relatively…

Chinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express
China’s elderly are joining crypto tapper cults, WazirX faces fraud probe and asset freeze, Do Kwon’s flight home delayed again: Asia Express

Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.