Analysts anticipate significant growth for Bitcoin exchange-traded funds (ETFs) in Hong Kong, driven by the adoption of the in-kind creation model, which gives them a notable advantage over their US counterparts. Eric Balchunas, a senior ETF analyst at Bloomberg, highlights Hong Kong’s adoption of the in-kind creation model as a potential catalyst for boosting assets under management (AUM) and trading…
South American gold and precious metals producer Nilam Resources (NILA) is venturing into the world of cryptocurrency by announcing its intention to acquire 100% of the common stock of a special purpose entity holding 24,800 Bitcoin (BTC). This move comes as the exploration-stage mining company signed a letter of intent with Xyberdata Ltd. The special purpose entity, to be named…
Worldcoin, the project known for its “proof of personhood” concept where individuals receive cryptocurrency tokens after having their irises scanned to verify their humanity, has faced a setback in Europe. A regulator in Portugal has directed the project to halt its biometric data collection efforts. According to a report from Reuters, the Portugal data regulator, CNPD, has instructed Worldcoin to…
The Saga network’s airdrop campaign is coming to a close. The layer-1 chain, which has a substantial gaming presence, is set to end its airdrop claim process at 12:00 UTC on Wednesday, March 27, giving eligible users precious few hours left to secure their bag. Saga conducted a “play-to-airdrop” campaign from December 2023 into early 2024—the first part of a…
The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto Testnet for Comprehensive Pre-Mainnet Testing In a significant step forward for the Stacks ecosystem, the Nakamoto Testnet has been introduced, providing a formal and public […] Source: https://news.bitcoin.com/stacks-accelerates-toward-mainnet-with-strategic-nakamoto-testnet-rollout/
Tether, the blockchain company behind the USDT cryptocurrency, is expanding into artificial intelligence, the firm said on Tuesday. The move, Tether said, aims to advance the accessibility and efficiency of artificial intelligence. According to Tether, its AI focus will include developing open-source, multimodal AI models and “new industry standards.” “Artificial intelligence stands poised to revolutionize nearly every facet of our…
Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible chains. Ethereum and EVM Chains See $200 Million Outflow From Kucoin On a Tuesday, […] Source: https://news.bitcoin.com/nansen-reports-200-million-exodus-from-kucoin-after-doj-action/
The next pint you pour may tickle your tastebuds thanks to technical tinkering by artificial intelligence. It may even be the next big thing in the food and beverage space—certainly an easier sell than vaginal beer and artificial steak. Already an acquired taste for particular palates, the taste of beer could be made better with the help of AI. A…
PRESS RELEASE. London, United Kingdom, March 26, 2024 – TradingView has become an official partner for HackaTRON Season 6, hosted by TRON DAO, BitTorrent Chain, HTX DAO, and JustLend DAO. This year’s competition is illuminated by the expertise of Maksim Shymanovich and Alexey Telnov from TradingView, set to judge the projects competing for a prize […] Source: https://news.bitcoin.com/tradingview-integrates-the-tron-network-and-joins-hackatron-season-6-as-an-official-partner/
Wall Street titan BlackRock’s move into crypto is good news for both worlds, analysts at global investment firm AllianceBernstein said. BlackRock, the world’s biggest fund manager, last week announced its first tokenized fund. Its USD Institutional Digital Liquidity Fund runs on Ethereum, the blockchain behind the second biggest cryptocurrency by market cap, ETH. And BlackRock’s latest move “brings legitimacy” to…
