The United States could make up for 99.5% of the global trading volume for crypto-related exchange-traded funds (ETF) — but only if spot Bitcoin ETFs are approved, according to a Bloomberg ETF analyst. Currently, North America accounts for 97.7% of all crypto ETF trading volume, Bloomberg senior ETF analyst Eric Balchunas revealed in an Aug. 10 X (Twitter) post. “If/when…
Crypto users are reporting seeing “wonky” prices for Ripple’s XRP (XRP) token on the Gemini crypto exchange, only hours after it relisted the token on its platform for deposits and trading. Several crypto community members on X (Twitter) have posted screenshots of what many have described as a “price glitch” that has seen XRP’s displayed price on the exchange rise…
A United States federal appeals court has upheld a decision to dismiss an investor class action lawsuit against online brokerage firm Robinhood Markets over its meme stock trading debacle in early 2021. A total of 16 investors took part in a class action lawsuit against the trading platform in September 2021, alleging the firm restricted them from purchasing 13 “meme…
Binance’s venture arm Binance Labs has invested $10 million into Helio Protocol to help expand the protocol’s ongoing pivot to becoming a liquid staking platform. Though Helio is currently built on the proof-of-stake network BNB Chain, this new funding is expected to help the platform expand to other chains. “Helio’s objective is to launch on Ethereum, and subsequently with prominent…
The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense. On Aug. 10, the Pentagon announced the formation of “Task Force Lima” which would look into integrating AI across the U.S. defense apparatus so it can “design, deploy, and use generative AI technologies.” In a statement, the…
Central Bank Digital Currencies (CBDCs) are permeating the mainstream narrative lately as United States politicians rail against the concept. Now Bitcoin supporters are cheering after prominent public figures Joe Rogan and Post Malone trashed the idea of a “digital dollar.” In a recent conversation with famed rapper Post Malone on the popular “Joe Rogan Experience” podcast, the duo discussed what…
Telegram trading bots, which have been turning the messaging platform into a quasi-crypto marketplace, pose significant security risks for users and require further scrutiny, according to blockchain security firms. While such trading bots have existed for years, they’ve recently gained attention as crypto markets gain and associated bot tokens have gained in price, blockchain security firm CertiK told Cointelegraph. As of…
Tapestry, the New York-based fashion conglomerate that owns Coach and Kate Spade, among other brands, announced Thursday that it has agreed to acquire Capri Holdings—the parent company of Versace, Jimmy Choo, and Michael Kors—for roughly $8.5 billion. While the deal is only the latest merger of top brands to impact the steadily consolidating luxury fashion industry, it marks perhaps the…
The ongoing spat between the United States and China over emerging tech like AI continues as U.S. President Joe Biden restricts investments. Source: https://cointelegraph.com/app/public/index.php/news/us-china-ai-tech-standoff-spread-overseas
This story comes from GG. Your Web3 Gaming Power-Up Discover GG The crypto gaming industry, which spans video games that use blockchain-based tokens or NFTs, collectively received a substantial $297 million in investment funding last month, according to a joint report from DappRadar and the Blockchain Game Alliance. Some 63% of that July funding was committed to infrastructure development—a detail…
