Category: Blockchain

Samsung to List Blockchain ETF on the HKEX

Samsung Asset Management Co., Ltd., a Seoul-based investment arm of Samsung Group, announced on Thursday that it plans to list a Blockchain exchange-traded fund (ETF) on the Hong Kong Exchange (HKEX) in the first half of this year, according to the Korea Economic Daily. The Samsung Group’s investment subsidiary said that the new investment product is the first ETF that will track cryptocurrencies and blockchain tech companies listed in Asia. The listing plans follow the Samsung asset management company’s acquisition of a 20% stake in US ETF sponsor Amplify Holding…

NYDFS calls for crypto firms to use blockchain analytics

In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the decision, the regulatory agency wrote: “Wallet addresses are typically pseudonymous, with nothing on the face of the transfer tying back to the originator, beneficiary, or underlying beneficial owners.” Therefore, as told by NYDFS, it is vital that such class of firms use blockchain analytics to prevent illicit transactions, such as money laundering or…

Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project

As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token. To access the feature, users first need to download and install Telegram’s official Wallet bot, which allows them to purchase cryptocurrency by bank card, exchange and transfer to other wallets. According to the company, they can then send Bitcoin (BTC) or Toncoin to other users by clicking on the “Wallet” icon in direct messages.  You can now send #Toncoin directly within Telegram chats! It’s a new way to send Toncoin…

Bitcoin Whale Holdings Reaches Highest Level Since September – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin continues to look bullish from an on-chain perspective as whale holdings have risen to its highest since September last year. We can see that when whale holdings increased dramatically last September, it led to a significant increase in price in November. As whales have a substantial impact on the market, this metric is an important one to take note of. Furthermore, technically Bitcoin looks bullish in the short term as it has once again confirmed bullish divergence on the RSI…

Blockchain and crypto can be a boon for tracking financial crimes

Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated.  Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a tool for miscreants and criminals.Several crypto platforms and decentralized finance (DeFi) protocols have been compromised over the years, owing to various code vulnerabilities or centralization problems. However, stealing of money is the easiest part, while moving that money and cashing it out is nearly impossible. This is primarily…

Japan’s Double Jump.Tokyo Raises $24m to Scale Blockchain Gaming Products

Double Jump. Tokyo, a rapidly growing blockchain gaming startup in Japan, announced on Wednesday that it has raised $24 million (3 billion yen) in a Series C funding round. This round of funding was led by Jump Crypto, a unit of U.S. trading group Jump Trading, along with a Hong Kong-based cryptocurrency trading startup Amber Group, Japanese venture capital firm Jafco, and South Korean video game developer WeMade as well as other ten angel investors, also participated in the funding round. Double Jump mentioned that it would use the fresh…

BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities

BlackRock has officially launched a blockchain focused ETF, that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets.  On Wednesday, the world’s largest asset manager, which currently manages approximately $10 trillion in assets, added the Blockchain and Tech ETF (IBLC) to its iShares product line. The $4.7 million ETF does not directly own cryptocurrencies or digital assets themselves, but instead tracks an array of international companies that are involved in the industry. The ETF is comprised of 41 separate holdings, with the…

Four Bored Apes Stolen in Malicious Phishing attack on Yuga Labs – Blockchain News, Opinion, TV and Jobs

Yuga Labs, the collective behind the infamous Bored Ape Yacht Club non-fungible tokens, has been targeted by another cyber attack, or so called phishing attack. In a phishing attack, a criminal poses as someone else, in order to break in. The hackers gained access to the Instagram profile of the Bored Ape Yacht Club. In the attack, 133 NFTs were stolen, which together are estimated to be worth about 2.4 million dollars (more than 2.2 million euros). Once in the account, the malicious hacker shared a fraudulent link to a…

New Report: Blockchain Hackers Stole $1.3 Billion In Q1 2022

Despite the drop in bitcoin prices at the beginning of the year, thieves did not take a break. Hackers and scammers made millions of dollars from attacks on numerous crypto projects and ecosystems. According to the Atlas VPN team’s new research, blockchain hackers stole approximately $1.3 billion in 78 hack events in the first quarter of 2022. Furthermore, hacks on the Ethereum and Solana ecosystems resulted in over $1 billion in losses in this quarter alone. Blockchain Hackers Eating Good The figures come from Slowmist Hacked, which compiles information about…

What does the Bitcoin Mining Council’s Report Mean for Crypto Going Forward? – Blockchain News, Opinion, TV and Jobs

Bitcoin surges above $40k and looks bullish on the daily time frame, as a bullish divergence on the RSI indicator has been confirmed. Yesterday, the Bitcoin Mining Council released a report which highlighted mining efficiency rose by 63% YoY, with sustainable energy usage at 58%, marking the 4th quarter in a row above 50%. Furthermore, the network used 25% less energy YoY. These improvements are appealing for institutions who see environmental impact as one of the biggest reasons not to invest in Bitcoin. Fidelity have advanced their support for mainstream…