Cryptocurrency Analysis and News Portal
Phoenix Group, a major bitcoin mining service provider based in Abu Dhabi, recently announced the successful completion of its Initial Public Offering (IPO), securing a substantial $370 million in capital. In a statement released this week, Phoenix Group revealed the IPO, initiated on the Abu Dhabi Securities Exchange (ADX), witnessed an
Read More
In the past few days, Hong Kong has moved towards allowing retail investors to buy spot crypto Exchange Traded Funds (ETFs) and primary dealing of tokenization. The move appears to be another step in Hong Kong's recently accelerated ambitions to become a virtual asset hub. It implemented a new regulatory regime in June,
Read More
Reports of tens of millions of dollars in crypto going to fund Palestinian operations in Israel are likely “overstated,” Chainalysis said. The forensics outfit published a blog post arguing that flows of crypto financing to Hamas and affiliated groups have become inflated far beyond reality. While acknowledging that it was
Read More
His planned exit follows that of the deputy CEO Noah Sharp in June. Source
Read More
Multiple attorneys have moved in and out of the lawsuit between Ripple Labs, executives and the United States Securities and Exchange Commission (SEC), as signified by court filings on Aug.23. The latest motions filed were requesting permission to withdraw attorneys Richard Best and Robert MacDonald Moye from the trial, with
Read More
“What’s happened is people made fun of bitcoin and other crypto currencies but now the establishment, Larry Fink at BlackRock, is now saying they’re going to have an ETF if approved by the government in bitcoin so you’re saying wait a second, the mighty BlackRock is willing to have an
Read More
Freshippo’s expansion comes three months after its parent company Alibaba revealed its restructuring plans. Freshippo, Alibaba Group’s retail grocery subsidiary, has opened 12 new stores across Mainland China. The stores are strategically located in key cities such as Beijing, Shanghai, and Guangzhou, aiming to cater to the growing demand for high-quality
Read More
“I hired Noah as my deputy to help scale the business, focussing on integrating and expanding what would have been our German bank acquisition - Sutor Bank,” said Oliver von Landsberg-Sadie, CEO of BCB Group. “In light of the shift in the current banking and regulatory environment and the decision
Read More
Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind popular chatbots. According to a report from the AP on Tuesday, 13 watchdog groups issued a warning to their national consumer, data protection, competition and product safety authorities regarding concerns about
Read More
“The previous governance system could only take one referendum at a time with the default that each one lasted for 28 days, so you could only get 12 or 13 of these through a year,” Petrowski said in an interview with CoinDesk. “That pace makes sense for sensitive things like
Read More