Digital asset investment products experienced outflows of $255 million last week, the largest dollar-figure outflows on record, according to asset manager CoinShares. For the fifth consecutive w...
Tag: Asset
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operato...
Privacy Centric Brave Browser Now Allows Crypto Asset Selling Inside of Wallet Extension
Privacy-focused browser Brave just added a new feature that gives users the ability to sell crypto assets within its native Web3 wallet. The software firm says Ramp Network’s off-ramp solution is now ...
Morgan Stanley: No Fiat-Crypto On-Ramps, Slower Asset Inflows
1 Morgan Stanley predicts digital asset inflows will slow down without on-ramps between fiat and crypto. 2 The need for infrastructure for converting fiat currency into digital assets hinders the cryp...
Bitcoin (BTC), Ethereum (ETH), and Web 3.0 Asset Backed HedgeUp (HDUP)
The popularity of crypto continues apace with more ‘everyday investors’ – many complete novices – enjoying the benefits and rewards. And while Bitcoin may have heralded the start of disruptive, decent...
Blockchain.com Decides to Shut Down London-based Crypto Asset Management Wing
Citing the strong deterioration in the macroeconomic data, Blockchain.com decided to shutdown BACM that served institutional players. The crypto market turmoil and liquidity issues have been impacting...
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil – Bitcoin News
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson ...
Blockchain.Com Quits Asset Management After Less Than a Year: Report
Blockchain.com started out as the first Bitcoin blockchain explorer back in 2011 and later expanded into wallet services, as well as hosting its own crypto exchange. Following years of growth, the com...
DOJ Appeals Against Approval of Voyager-Binance.US Asset Sale
The ongoing legal battle between Voyager Digital and U.S. regulators has taken another turn. The U.S. Department of Justice (DOJ) has filed an appeal against the latest decision in the case, which per...
Blockchain.com closes its asset management arm
Blockchain.com, a crypto services company, is suspending operations of its asset management subsidiary. The service had been operational for less than a year and appeared to be the latest casualty of ...
DoJ appeals against Voyager asset deal with Binance US
The US Department of Justice (DoJ) has filed an appeal against a judge’s approval of a bankruptcy plan for Voyager Digital that includes Binance US buying billions of dollars in assets. The document ...
Blockchain.com Sunsets Its Asset Management Arm
Blockchain.com has decided to sunset its 11-month-old asset management arm, another victim of crypto winter. According to a filing, Blockchain.com Asset Management (BCAM) has voluntarily applied to st...
Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens – Taxes Bitcoin News
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticip...
Blockchain.com Shutters Crypto Asset Management Arm Less Than 1 Year After It Launched
Blockchain.com has announced the suspension of its asset management arm due to the prolonged crypto winter, as reported by Bloomberg. The company cites the challenging market conditions as the reason ...
Blockchain.com to wind down its asset management arm
Blockchain.com is winding down its asset management arm, which launched last April. The crypto startup has applied to strike the asset management subsidiary off the UK register and dissolve the ...
Blockchain.com suspends its asset management subsidiary launched in April: Report
Cryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according to a Bloomberg report published March 9. The service had existed less tha...
Blockchain.com to shutter asset management division
Ad Blockchain.com will discontinue its recently-opened asset management arm, Bloomberg News reported March 9. Through that division, the company offered an investment vehicle that tracked the price of...
House Republicans directly criticize Biden administration for digital asset policies
Statements from Republican lawmakers ahead of the inaugural hearing of the United States House of Representatives subcommittee focused on digital assets, financial technology and inclusion suggest par...
Silvergate crypto: will liquidate its asset
Silvergate Bank, a San Diego-based financial institution known for its crypto-friendly stance, has announced that it will “voluntarily liquidate” its assets and close operations. The announcement was ...
Digital Asset Inflows Will Slow Without On-Ramps Between Fiat and Crypto: Morgan Stanley
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
$77,588,814 in Ethereum Burned As ETH Transforms Into Deflationary Crypto Asset
The supply of the second-largest crypto asset Ethereum (ETH) is deflating, thanks to the success of a major upgrade known as EIP-1559. New numbers from Ultrasound.Money show 50,317 ETH worth $77.5 mil...
CFTC continues to explore digital asset policy considerations in MRAC meeting
The United States Commodity Futures Trading Commission, or CFTC, was a part of discussions on a regulatory framework for digital assets as well as use cases for blockchain technology. In a March 8 mee...
European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse
Despite the recent collapse of the cryptocurrency industry, one major European asset manager, Amundi, believes that digital assets like Bitcoin still have potential. In a recent thematic paper analyzi...
XRP Only Asset in Green Among Top 10 Crypto, Aims for $0.40
XRP has retained a 4% gain in the past 24 hours despite the prevailing market-wide bloodbath. XRP is currently bucking the overall market, as it remains the only token securing gains among the top 10 ...
EU asset manager gives 5 reasons why
The ongoing cryptocurrency winter and massive collapses in the industry do not mean that digital assets like Bitcoin (BTC) are doomed to fail, according to a major European asset manager. Despite BTC ...
Dogetti: one of the promising asset of today
SPONSORED POST* After the unprecedented success of Bitcoin and Ethereum, the rise of blockchain technology has given birth to numerous innovative cryptocurrencies. Dogetti (DETI), Cosmos (ATOM), and P...
Judge Approves Voyager Asset Sale to Binance.US for $1.3B
The bankruptcy judge for the Voyager Digital case has approved the crypto lender’s move to sell its assets to Binance for $1.3 billion. He also overruled the U.S. SEC’s objection to the deal. Bankrupt...
Coinbase Acquires Crypto Asset Manager One River Digital
Crypto exchange Coinbase has purchased One River Digital Asset Management (ORDAM) as the firm aims to improve its services and take advantage of the weak valuations of digital asset firms. Coinbase an...
$17M Digital Asset Outflow Recorded Amid US Regulatory Concerns: CoinShares
The negative sentiment in digital asset investment products reached the fourth week recording an outflow of $17 million. Confirming the same, the latest edition of the CoinShares report stated, “The p...
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin News
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, so...
Coinshares reports fourth consecutive week of digital asset investment product outflows
Coinshares reported a fourth consecutive week of digital asset investment product outflows. Outflows totaled $17 million last week ,with bitcoin leading the way. Short-bitcoin saw inflows for a...
Robert Kiyosaki Is Rooting for This Asset and It’s Not Bitcoin
Rober Kiyosaki, who is a best-selling author, highlighted and brought into the spotlight one asset, which according to him is trading below its real value and no, he is not referring to his favorite c...