Rarimo has launched RariMe, a competitor to Worldcoin, and an app that allows users to generate passport zero-knowledge proofs (ZKPs) verifying the uniqueness of individuals without revealing their identity, it announced on Thursday. Source
PRESS RELEASE. B2Broker, an industry pioneer in technology and liquidity and the company behind B2Trader Brokerage Platform, a crypto spot brokerage solution, has announced a new update to its BBP solution. The new B2Trader v1.1 introduces BBP Prime and expands on its report feature with flexible layout customisation. B2Trader now has a dedicated BBP iOS […] Source CryptoX Portal
Bloomberg analyst Eric Balchunas expects spot Ether (ETH) exchange-traded funds (ETFs) to begin trading in the U.S. in July. Balchunas updated his forecast for the official launch of spot Ether ETFs, moving the over/under date to July 2. The crypto expert noted that the U.S. Securities and Exchange Commission (SEC) staff had sent comments on the S-1 filings to issuers, describing them as “pretty light” without major issues. He mentioned that the SEC has asked for responses within a week, suggesting a decent chance that the ETFs could be declared…
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The Monochrome Bitcoin ETF will begin trading on the Cboe Australia exchange. The ETF, listed as IBTC, will have a management fee of 0.98%. Monochrome Asset Management, the issuer, provides the fund to allow investors to access Bitcoin within a regulated framework. This framework, overseen by the Australian Securities & Investments Commission (ASIC), ensures investor protection and compliance with financial regulations. The company stated that investors have legal rights to their Bitcoin (BTC) in the fund and can request withdrawals. This is the first and only ETF that holds Bitcoin…
“Before IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don’t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime,” the announcement said. Source
A ‘Seed Capital Investor’ has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document. Source
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. “The Grayscale Ethereum Trust launched in 2017 and accumulated most of its $9 billion dollars worth of ETH well before staking existed. These funds will be unlocked now. Expect a bloodbath. It will accelerate the ETH -> BTC Trade. Hold me to account if…
The Bitcoin Cash network has completed its latest upgrade which essentially implemented the highly anticipated adaptive blocksize limit (ABL) algorithm. The new feature will make it much easier to change the block size limit in order to meet the demand of the network’s throughput. As of 9:24 a.m. Eastern Time on Wednesday, five blocks have […] Original
“Since we first entered app stores in select states last summer, we have exhibited strong momentum across all fronts, including new digital fund launches, payment capabilities, and collaboration with regulators,” Will Peck, head of digital assets at the firm, said in a press release. Source