Day: October 29, 2021

Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40B AUM

Grayscale could launch its Bitcoin (BTC) exchange-traded fund (ETF) as soon as July 2022, one of its executives has said. Speaking at a virtual event organized by MarketWatch on Oct. 27, Grayscale global head of ETFs David LaValle gave a nine-month timeline for approval by United States regulators. Grayscale: Now’s the time to file for an ETF Grayscale, which runs the largest-volume Bitcoin investment product globally, the Grayscale Bitcoin Trust (GBTC), reiterated this month that it is “committed” to transforming it into an ETF. According to LaValle, the timing for…

Play-to-Earn SQUID Token Rockets 35,000% in Three Days

In the online game, as in the show, competitors take part in six contests, with players eliminated in each round. An fee is required to enter each game, starting at SQUID 456 for the first and increasing as the tournament progresses. The majority of the fees are pooled together to make up the winner’s reward, while 10% of the funds go to the development team. Original Source DaysPlaytoearnRocketsSQUIDToken CryptoX Portal

Australian securities regulator issues guidelines for crypto ETPs

The Australia Securities and Investments Commission (ASIC) has issued its response to public consultation on cryptocurrency exchange-traded products (ETPs) alongside fresh industry guidance. On Oct. 29, the regulator released a set of regulatory requirements for funds looking to offer crypto ETPs, including exchange-traded funds (ETFs) and structured products, following months of industry consultation initiated in late June. According to the official guidance, ASIC has so far greenlighted ETPs based on major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) and expects more crypto assets to become a foundation for ETPs in the…

Cream Finance Suffers $130 Million Hack – Bitcoin News

Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered a flash loan had exploited the platform. This is the third hack the protocol has suffered in its history, being exploited for $36 and $29 million before, respectively. Cream Finance Hacked Yet Again Cream Finance, an Ethereum-based lending and borrowing protocol, suffered an exploit that allowed the hackers to steal $130 million worth of ether and…

Coinbase vs Binance – What You Need to Know!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I compare Coinbase vs Binance to see which one is the better cryptocurrency brokerage. To do this, I talk about the fees, features, mobile apps, and security of Binance vs Coinbase. 🔴💸 If you want to earn interest on your crypto like I do, sign up for BlockFi using my referral link, deposit over $100 and we’ll each get up to $250 of free Bitcoin! Remember to deposit $100+ to receive the free Bitcoin with BlockFi 🔴💸 Get $10…

Richard Li, Winklevoss-Backed CMCC Global Targets $300M for Latest Crypto Fund

Venture capital firm CMCC Global is targeting $300 million worth of investments for its latest crypto fund with the backing of investors, such as billionaire Richard Li and Gemini co-founders, the Winklevoss twins. Richard Li, who backed CMCC’s previous crypto token fund, will roll over to the latest fund along with other existing investors, Bloomberg reported on Friday. Gemini co-founders Cameron and Tyler Winklevoss are said to be investors in the new fund. CMCC Global, which was founded in 2016, was an early investor in the Solana blockchain having invested…

Cryptocurrency बन रहा है एक नया Asset Class। जानिए क्या है Expert की राय

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #CryptoLIVE – India’s first LIVE Cryptocurrency trading show in collaboration with CoinDCX – India’s biggest cryptocurrency exchange. “This is one of its kind unique show which is not yet available on traditional Business TV Channels.” CryptoLIVE is an educational platform that provides an in-depth analysis of Cryptocurrency, coins, and tokens. It guides its viewers about trading opportunities and investments. It’s a real-time interactive show. Viewers can share their questions & comments LIVE and moderated posts are shown on the screen. Show Host,…

Russian crypto market worth $500B despite bad regulation, says exec

The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive. Sergei Khitrov, founder of the Russian cryptocurrency event Blockchain Life, gave a keynote speech on the state of cryptocurrency regulation in Russia at the VII Blockchain Life Forum in Moscow on Oct. 27. Based on his own industry insights and knowledge of the market, Khitrov estimated the Russian crypto market to be worth as much as 40 trillion rubles, or more than $550 billion. He…

Cardano’s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned – Emerging Markets Bitcoin News

Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson’s first major preliminary agreement he has secured since kickstarting Cardano’s African tour in mid-October, 2021. Meetings With Burundi and Zanzibar Leaders Before traveling to Burundi, Hokisnson had visited Zanzibar where he held meetings with Hussein Ali Mwinyi, the island nation’s president. However, it is Hoskinson’s Burundi visit that has helped Cardano to achieve its latest major agreement with an African state after it signed another deal…