Day: January 12, 2023

Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest

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In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung’s investment arm Samsung Asset Management, is set to list the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market on Jan. 13. The move comes amid a surge in interest from both the government and institutional investors in the region. The Hong Kong Stock Exchange. Source: thetradenews.com The ETF, or exchange-traded fund, will track the spot price of Bitcoin by investing in Bitcoin futures products listed on the Chicago…

Twitter Might Sell User Names to Generate Revenue

It is now unclear if the idea of selling names on Twitter will be in action. However, last month, its owner Elon Muskย saidย Twitter was preparing to remove as many as 1.5 billion accounts that were inactive for at least a year. Social media companyย Twitter Incย is considering selling user names to generate more revenue. According to those familiar with the matter, the companyโ€™s employees have been talking about the possibility of selling some user names for the service since last December. Besides, Twitter engineers held discussions about online auctions where users…

Coding A Blockchain in Python

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Today we build a simple blockchain, which represents a fictional cryptocurrency in Python. โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Binance Secures Regulatory Approval from Sweden

Besides pursuing regulatory approval, Binance has also continued to expand its workforce. Cryptocurrency exchange Binance has secured regulatory approval from the Swedish Financial Supervisory Authority (Swedish FSA), allowing it to offer its services to the Swedish community. Binance Nordics, Binanceโ€™s local arm, obtained regulatory approval after months of deliberation with the authorities. Consequently, Swedish customers will be able to use Binanceโ€™s services, including trading assets, staking, and several Web3 services. Nordics and Benelux Lead, Roy van Krimpen, stated that Binance Nordics ABโ€™s risk and AML policies measure up to the…

BlockFi Executives’ Equity Took $800M Hit From FTX Loan, Filings Reveal

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MetaMask warns crypto users about address poisoning

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A new crypto wallet address scam that tries to take advantage of user carelessness has been on the rise, according to the MetaMask team.ย  In an announcement, digital wallet provider MetaMask warned users of an โ€œaddress poisoning scam,โ€ where attackers โ€œpoisonโ€ transaction histories by sending users tokens worth $0 to their wallets. The scammers will use wallet addresses generated from vanity address generators and match the first and last characters of their victimโ€™s wallet address. This gets unsuspecting users to send their funds to the wrong copycat address. A new…

Bitcoin Jumps Another 4% Hitting Its Longest Rally Since 2020 Pandemic

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Bitcoin price rally follows the growing cheer on Wall Street amid the cooling down of inflation and the expected softening stand by the Fed ahead. Bitcoin and the broader cryptocurrency market registered a fresh rally on Wednesday, January 11. The worldโ€™s largest cryptocurrency gained over 4.5% in a single day moving past $18,200 levels. New Bitcoin Rally It is for the ninth straight day that the Bitcoin (BTC) price has ended in the green. This also marks the largest winning streak for Bitcoin since the pandemic days of 2020, reported…