On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s Second Bitcoin ETF Digitalx, a digital […] Source: https://news.bitcoin.com/asset-manager-digitalx-set-to-launch-second-bitcoin-etf-on-australias-main-stock-market/
Month: July 2024
Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed money-transmitting business and the actual operation of such a business. U.S. District Judge Richard Bennett denied Burton’s bail request […] Source: https://news.bitcoin.com/judge-denies-bail-for-bitcoin-rodney-citing-flight-risk-and-fraud-severity/
Standard Chartered’s crypto arm eyes buying billionaire’s crypto OTC firm: Report
Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard. Source: https://cointelegraph.com/news/standard-chartered-crypto-arm-elwood-capital-buy-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tech Coalition Urges Biden to Back Crypto Regulation Ahead of US Presidential Election
The Chamber of Progress, a tech industry coalition, has called on President Joe Biden to support comprehensive crypto regulation, framing it as a crucial step in his administration’s bid to engage young voters ahead of the upcoming U.S. presidential election. In a letter on Tuesday, the chamber emphasized the growing importance of digital assets to a significant portion of the…
Uniswap cites Chevron in another urge for SEC to drop bid to rule over DeFi
Uniswap Labs argues the SEC’s proposed legal amendments to give it power over DeFi are being made against “a legal backdrop that no longer exists.” Source: https://cointelegraph.com/news/uniswap-cites-chevron-argues-sec-drop-defi-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
China Halts Gold Buying for Second Consecutive Month
China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month […] Source: https://news.bitcoin.com/china-halts-gold-buying-for-second-consecutive-month/
Ronaldinho joins Messi in promoting water-themed Solana memecoin
Water Coin spiked nearly 40% one hour after Ronaldinho mentioned it in an Instagram post, but it has since settled below its pre-pump price. Source: https://cointelegraph.com/news/ronaldinho-messi-promote-crypto-water-memecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent value. Singapore Court Rules in Multichain Case Fantom Foundation Ltd. (the […] Source: https://news.bitcoin.com/singapore-court-orders-multichain-to-pay-fantom-foundation-2-19-million/
New Robot Guide Dogs for the Blind Use AI to Obey Commands
A team of engineers at a university in China has developed an AI-enabled robotic dog for the blind that has high-end optics to detect changes in the environment and a speed-control cane mounted on its back—but that’s not all. The unit also has audio sensors that allow it to understand voice commands. “The robot comprehends semantic information based on deep…
Peter Schiff Foresees ‘Explosive’ Growth in Silver Price
Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other experts see silver as a promising investment amid economic uncertainties. Peter Schiff Recommends Investing in Silver […] Source: https://news.bitcoin.com/peter-schiff-foresees-explosive-growth-in-silver-price/