As the London Stock Exchange gears up to list its inaugural crypto exchange-traded products, about half of its exchange-traded fund team has reportedly left. Just as the London Stock Exchange (LSE) prepares to list its first crypto-linked products, two members of its four-person team overseeing exchange-traded funds (ETFs) departed, Bloomberg reports, citing a spokesperson for LSE. According to the report, Michael Stanley, the head of exchange-traded products, and Hetal Patel, head of business development, have left the organization, though the exact timing of their exits remains unclear. The departures come…
Tag: Launch
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs in Hong Kong experienced net negative outflows of approximately 104.79 BTC, valued […] Source BitcoincryptoexchangeExchanges CryptoX Portal
The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has […] Source CryptoX Portal
Base to Launch Online Hackathon With 200 ETH in Prizes, Sponsored by Stripe, Shopify, and More
Base, the Ethereum Layer 2 solution incubated by Coinbase, has announced the Onchain Summer Buildathon. The event, which runs from May 31st to June 30th, invites builders worldwide to showcase their skills in various onchain use cases, including payments, commerce, gaming, and social. The Buildathon offers 200 ETH in total prizes across eight sponsored tracks, […] Source CryptoX Portal
Report: CME Group to Launch Bitcoin Trading Amid Rising Demand From Wall Street
CME Group, the world’s largest futures exchange, is planning to launch bitcoin trading to capitalize on the surging demand among Wall Street money managers for exposure to the cryptocurrency sector, according to a report from the Financial Times. The Chicago-based group has reportedly been in discussions with traders interested in buying and selling the cryptocurrency […] Original
CME Plans to Launch Spot Bitcoin Trading: FT
“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues,” Markus Thielen, founder of 10x Research, said. Original
IOTA token spikes following public testnet launch
The token of the IOTA cryptocurrency project has grown sharply after announcing a new initiative. Against the backdrop of the general growth dynamics of the crypto market associated with the release of data on the inflation rate in the U.S. and the subsequent growth of Bitcoin (BTC), IOTA also increased in price after the IOTA Foundation announced the launch of the IOTA 2.0 public testnet with a built-in proof-of-consensus mechanism stake. According to CoinMarketCap data, the coin’s price has skyrocketed following the launch of the public testnet. After a prolonged…
Data Indexer Subsquid Plans to Launch SQD Token Friday
The decentralized indexing protocol has raised over $17 million lifetime from venture capital firms and community investors. Source
TON surges amid uncertainty, GFOX P2E game set to launch this week
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. TON sees robust gains with Notcoin token launch, while GFOX prepares for debut amid mixed altcoin market sentiment and the upcoming Galaxy Fox game promising memecoin utility. Toncoin is one of the few projects showing an upsurge amidst ongoing market uncertainty. This development comes with the launch of the Notcoin game and token on the platform. Bitcoin and most major altcoins are experiencing a reset after the rallies in…
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Points Program and Blockchain
“Self-custody wallet experience was completely broken and required users to go through several hurdles of the Web3 space like blockchain, self-custody, security and trust, signing transactions or gas fees,” said Khandelwal. “Okto is the first such system which provides a Web 2-like single click mobile experience in the Web3.” Source