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On May 6, the total reward in MEV revenue was at 549.05 ETH and 2,457.73 ETH in gas fees, for a total of 3,006.78 ETH (worth $5.6 million at current prices). On Nov. 9, at the height of the FTX collapse, MEV revenue was at 2,505.69 ETH while gas fees
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The majority of people will have their wealth progressively eaten away by the devaluation of money, according to Arthur Hayes, the co-founder and former CEO of crypto derivatives exchange BitMEX. According to Hayes, due to the huge amount of public debt accumulated by the world’s largest economies, governments will have no
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“CDI's rules-based methodology for our indices is robust and comprehensive, which we believe provides a real value add,” Andy Baehr, managing director at CryptoX Indices, said, adding: "Advisers using Onramp’s Marketplace will be able to use CDI indices as building blocks for developing customized solutions for their clients." Source
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HashKey is looking to attract both private and institutional investors with its newly-launched platform. Digital asset firm HashKey Group has added wealth management services to its list of offerings. The Hong Kong-based firm shared the development via a Friday, April 14 announcement. Per the announcement, there is presently a high demand
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Hong Kong-based digital asset firm HashKey Group has launched a new wealth management platform geared toward professional and institutional investors.In an April 14 announcement, HashKey cited “significant demand from investors to access virtual assets” as the reason for its move into the wealth management space.Deng Chao, the CEO of the
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Virgin Money has launched a digital platform that caters comprehensively to first-time and professional investors. Virgin Money has launched a digital retail wealth management platform for traders through a joint venture partnership. The Virgin Group financial services brand partnered with British-based global investment platform Abrdn to grant investor access to various investment funds.
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FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity. Alameda Research appears set to sell its interest in Sequoia Capital to Abu Dhabi for $45 million. According to a recent report, the FTX sister trading firm agreed to sell the Sequoia stake to the Abu
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Bitcoin (BTC) can hit $10 million per coin or more as it eats 25% of the global wealth, new analysis has concluded.In a blog post released on Feb. 16, fund manager and Bitcoin expert advisor Jesse Myers revealed his own “outrageous” BTC price target.Myers: “Bitcoin could 500x over the coming
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New York banking powerhouse Morgan Stanley has posted its Q4 2022 financial report, which reveals mixed results.Morgan Stanley (NYSE: MS) recently posted its Q4 2022 earnings report, surpassing consensus estimates. The New York-based banking giant received a significant boost in its latest quarterly bottom line from record wealth management revenue.For Q4 2022,
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