With the recent purchase, ARK Invest now holds more than $300 million worth of Bitmine shares across its three funds. Read More at https://cointelegraph.com/news/ark-invest-buys-bitmine-shares-worth-15m-bmnr-holdings-exceeds-300m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Ethereum is very much ‘the Wall Street token,’ VanEck CEO says
VanEck CEO Jan van Eck said banks must adopt the blockchain to facilitate stablecoin transfers within 12 months or risk falling behind. Read More at https://cointelegraph.com/news/vaneck-ceo-calls-ethereum-the-wall-street-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether ETFs capture 10x more inflows than Bitcoin in 5 days
Spot Ethereum ETFs have crushed Bitcoin funds over the last five trading days, pulling in more than $1.8 billion in inflows. Read More at https://cointelegraph.com/news/ether-etfs-captured-10x-more-inflows-than-bitcoin-in-last-5-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Investment advisers ’dominating’ with $18.3B in Bitcoin, Ether ETFs
Crypto analysts told Cointelegraph investment advisers increasing their Ether and Bitcoin exposure signals a shift to portfolio-driven allocations, with more room to grow. Read More at https://cointelegraph.com/news/investment-advisers-boost-bitcoin-ether-etf-holdings?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fenwick denies claims it was key to the multibillion-dollar FTX fraud
Fenwick & West, a law firm once contracted by FTX, has asked a judge to toss a proposed lawsuit that claims it was key to the exchange’s fraud. Read More at https://cointelegraph.com/news/fenwick-denies-lawsuit-claming-it-was-key-ftx-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin trend reversal to $118K or another drop to $105K: Which comes first?
Bitcoin traders have been buying all the dips but BTC is still stuck in a downtrend. Here’s why. Read More at https://cointelegraph.com/news/bitcoin-trend-reversal-to-118k-or-another-drop-to-105k-which-comes-first?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Criminals are ‘vibe hacking’ with AI at unprecedented levels: Anthropic
AI company Anthropic warns its AI chatbot Claude is being used to perform large-scale cyberattacks, with ransoms exceeding $500,000 in some cases. Read More at https://cointelegraph.com/news/cybercriminals-vibe-hacking-ai-ransoms-says-anthropic?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nvidia revenue surges 56%, despite zero H20 processor sales to China
The company has posted $46.7 billion in revenue for the quarter, despite restrictive export controls from the US-China trade war. Read More at https://cointelegraph.com/news/nvidia-report-q2-earnings-beating-forecasts-china?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle pushes USDC deeper into global payments with Mastercard, Finastra deals
Circle is embedding USDC into global payment networks as part of a broader push spanning Africa, Asia, Europe and the Middle East. Read More at https://cointelegraph.com/news/circle-usdc-payments-new-deals-mastercard-finastra?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Google outlines plans for ‘Universal Ledger’ amid race for institutional blockchains
Google Cloud’s Web3 head used a LinkedIn post to brand the company’s upcoming Universal Ledger as a neutral blockchain for financial institutions. Read More at https://cointelegraph.com/news/google-plans-universal-ledger-blockchain-institutional-layer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound