CoinShares, a European crypto investment firm, has launched a new hedge fund aimed at qualified U.S. investors as part of the company’s strategy to expand its geographical coverage. In a press statement, the firm said its new hedge fund division called “CoinShares Hedge Fund Solution” will be offering a diverse range of products, while CoinShares Capital, a FINRA-licensed broker-dealer, will be conducting “marketing activities.” Amid the news, CoinShares stocks on Sweden’s Nasdaq First North Growth Market jumped as much as 2.59% to 43,60 SEK ($3.90). In addition to the hedge…
Tag: Launches
Bybit Launches Perp Protect to Redefine Crypto Risk Management
Bybit noted that traders anticipating market volatility can leverage Perp Protect to secure their positions, giving them a proactive edge in navigating turbulent market conditions. Bybit, one of the world’s leading crypto exchanges, has taken a bold step by introducing Perp Protect, an industry innovation tool poised to reshape the way traders safeguard their investments. The Birth of Bybit Perp Protect Bybit, a platform known for its commitment to providing traders with cutting-edge features, has developed Perp Protect as a response to the challenges faced by crypto traders. Traditional risk…
Uniswap launches educational platform with DoDAO
On September 21, decentralized exchange (DEX) Uniswap launched an educational platform in conjunction with the blockchain education-focused Do Decentralized Autonomous Organization (DAO). According to the announcement, Uniswap University aims to create a structured learning pathway for onboarding users to its V3 exchange via courses, simulation, and quick guides. Via the platform, users can gain knowledge on topics ranging from “What is a DEX?” to advanced topics such as “Strategy Backtesting Tools.” Meanwhile, simulations such as adding/removing liquidity and exploring advanced position management tools allow users to gain quick practical experience.…
Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter
In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launched its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives on play-to-earn gaming. In other news, the United States Securities and Exchange Commission (SEC) has charged NFT collection Stoner Cats with offering unregistered securities. Meta’s Horizon Worlds launches on mobile and web in early access Meta has announced it has…
The Author’s Guild launches class-action lawsuit against OpenAI
The Author’s Guild in the United States opened a class-action lawsuit against the Microsoft-backed OpenAI on Sept. 19 due to its alleged misuse of copyrighted material in the training of its artificial intelligence (AI) models. According to court documents, the oldest and largest professional organization for writers in the U.S. is operating under the Copyright Act and seeking “redress” for what it calls “flagrant and harmful infringement” of registered copyrights in written works of fiction. It goes on to argue that works were copied wholesale and without permission or “consideration”…
WhatsApp Launches ‘Flows’ to Boost Business Communications
In addition to Flows, WhatsApp is taking steps to empower businesses with payment solutions. B2B customers in India can now make payments to companies within the chat using their preferred payment methods. In an eagerly awaited announcement, WhatsApp, a subsidiary of Meta Platforms Inc (NASDAQ: META) has unveiled its latest feature, “Flows”. This innovation promises to reshape the way businesses communicate with their customers and clients, offering a seamless and dynamic messaging experience. The official announcement took place via a live online keynote hosted by Meta, marking a significant milestone…
Coinbase Launches ‘Stand with Crypto’ Campaign to Advocate for Clear Cryptocurrency Legislation in US
The “Stand with Crypto” campaign will have a strategic focus on nine specific states in the United States: New Hampshire, Nevada, Ohio, Pennsylvania, Arizona, California, Georgia, Illinois, and Wisconsin. The Coinbase “Stand with Crypto” campaign is dedicated to advocating for favorable cryptocurrency legislation in the United States. This initiative follows extensive research by Coinbase, revealing that a majority of Americans believe the financial system requires significant reforms. Among the respondents, 51% contend that the current financial system is unjust, primarily favoring powerful interests over ordinary citizens. The research also indicates…
Circle Launches Its USDC Stablecoin on Polkadot Asset Hub
Circle emphasized that Circle Account and Circle APIs will exclusively facilitate the use of Polkadot USDC, natively issued within the Polkadot Asset Hub. Circle’s native stablecoin USDC, also the second-largest stablecoin by market cap, is now gearing up for a launch on the Polkadot blockchain, as it continues to expand across different blockchain platforms. On Tuesday, September 19, Circle made the official announcement of launching the USDC Coin on the Polkadot network. As per Circle’s website, Polkadot USDC is now readily accessible to developers and users. Thus, users can seamlessly…
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
Cryptocurrency miners have a new voice in Washington with the launch of the Digital Power Network (DPN), a new coalition affiliated with the Chamber of Digital Commerce. The network is off to a promising start, with many of the United States’ biggest miners on board. The DPN is the first affiliate of the Chamber, and shares many of the same team members. Its origins stretch back to the Chamber’s Mining Initiative, which “pioneering the introduction of the first pro-proof-of-work resolution in the U.S. House of Representatives.” Rep. Pete Sessions’ resolution…
Nomura launches Bitcoin adoption fund for institutional investors
Nomura, Japan’s largest investment bank, announced that its subsidiary Laser Digital Asset Management has introduced a Bitcoin Adoption Fund aimed at providing institutional investors with direct exposure to Bitcoin. Targeting institutional investors, this move is part of a larger plan by Nomura, which is positioning the fund as “the first in a range of digital adoption investment solutions that the firm plans to introduce.” The Bitcoin Adoption Fund offers “long-only exposure to Bitcoin (BTC)” and is a segment of Laser Digital Funds Segregated Portfolio Company. Remarkably, it has been registered…