In a significant achievement, U.S.-listed Bitcoin exchange-traded funds (ETFs) have quickly amassed over 50% of the total assets held by gold ETFs, despite gold ETFs being available for nearly two decades. This rapid growth reflects the accelerating adoption of digital assets in mainstream investment portfolios. Since their launch in January 2024, Bitcoin ETFs have attracted substantial inflows, reaching a total…
Month: November 2024
M2 crypto exchange hacked for $13M, user funds already restored
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago. Source: https://cointelegraph.com/news/m2-crypto-exchange-hacked-13-m-funds-restored?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Turkish investors prefer crypto over real estate and stocks — Survey
An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies. Source: https://cointelegraph.com/news/crypto-awareness-survey-turkey-2024-paribu?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
TON Capital Launches Limited 10,000 Node Sale to Accelerate Adoption and Empower the Next Billion Users on TON
TON Capital, an innovative airdrop portal designed to onboard the next billion users onto the TON blockchain, is excited to announce its upcoming limited batch of Airdrop Nodes Sales. With the Pre-sale Round set to launch on November 8th at 3 PM (UTC+8), these Airdrop Nodes offer a unique opportunity for participants to stake their […] Source: https://news.bitcoin.com/ton-capital-launches-limited-10000-node-sale-to-accelerate-adoption-and-empower-the-next-billion-users-on-ton/
Panic seller loses $222K in AAVE amid market fluctuation
A crypto investor’s AAVE panic sale incurs a significant loss, underscoring the risks of emotional trading strategies in uncertain markets. Source: https://cointelegraph.com/news/millionaire-crypto-investor-loss-aave-sale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Franklin Templeton Integrates Tokenized Fund on Base
Franklin Templeton, one of the world’s largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethereum rollup. According to the institution, this move makes it the first organization to build a tokenized fund on top of Base. “Base is a layer 2 blockchain built […] Source: https://news.bitcoin.com/franklin-templeton-integrates-tokenized-fund-on-base/
Radiant Capital $58M hack an expensive ‘lesson’ for DeFi
Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements to its protocol. Source: https://cointelegraph.com/news/radiant-capital-resumes-lending-post-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Abu Dhabi Firms Launch Investment Fund to Tokenize U.S. Treasury Bill ETFs
Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia. Southeast Asia Investors to Dominate Fund Abu Dhabi firms Realize and Neovision Wealth Management have unveiled an investment fund that acquires units […] Source: https://news.bitcoin.com/abu-dhabi-firms-launch-investment-fund-to-tokenize-u-s-treasury-bill-etfs/
Crypto surges in Eastern Europe: DeFi drives 33% of transactions
Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total cryptocurrency value received worldwide. Source: https://cointelegraph.com/news/crypto-growth-eastern-europe-defi-transactions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Has Russia really ‘legalized’ cryptocurrency mining?
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation. Source: https://cointelegraph.com/news/russia-regulates-crypto-mining-no-full-legalization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound