Hong Kong’s First Crypto Futures EFTs Raise $73.6M Ahead of Launch
CSOP Asset Management, an investment advisor based in Hong Kong, will launch Bitcoin and Ether futures exchange-traded funds (ETS) on the Hong Kong Stock Exchange on Friday. However, ahead of their debut, the ETFs have raised a combined $73.6 million, with the Bitcoin futures ETF alone accounting for $53.9 million, Reuters reports.
Top 5 Billionaires Who Lost the Most Money Due to 2022 Crypto Crash
The most prominent crypto billionaire have together suffered a combined loss of $112.7 billion only in one year.
Guggenheim’s Scott Minerd Warns of More Crypto Fallouts Due to FTX Collapse
In wake of the collapse of FTX, the cryptocurrency exchange, and the seeming meltdown of cryptocurrencies overall, the Chief Investment Officer of Guggenheim Partners, Scott Minerd, is issuing a warning to investors. He says that there will be further shakeouts in the crypto industry and the FTX saga won’t be the only one.
Microsoft Prohibits Crypto Mining on Online Services Without Permission
Microsoft updated its policy terms to specify it will not allow cryptocurrency mining on its online services without prior approval.
BaFin President Seeks Global Crypto Regulation
Germany, the largest economy in Europe, is seeking global crypto regulation amid market turmoils and frauds. Mark Branson, the President of the country's financial market regulator, BaFin, recently voiced his opinion on the necessity of crypto regulations in Germany and globally.
The ApeCoin Market Goes Live on Pendle
As of this very moment, the ApeCoin market is positioned live on the Pendle. Due to this, from here on, the $APE becomes available at a massive discount, amounting to a full 50%. In turn, one can farm the $APE pool rewards at a good 387% APY, or maybe just that much more.
Why DeFi is the Answer to the FTX Saga
The potential of decentralized finance and the roadblocks it must overcome
Animoca Founder Says Asia Is ‘Moving On’ From FTX Fiasco
Asia’s cryptocurrency community is “on the path of moving on” from the FTX fiasco, following the arrest of FTX founder Sam Bankman-Fried, said Yat Siu, cofounder and chairman of Hong Kong-based blockchain gaming studio and venture capital firm Animoca Brands.
Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday
Decentralized applications (dapps) are prone to data tampering because they “are largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which he said are specific to data warehouses.
Telegram Blockchain Numbers, Crypto Wallets and DEX
The latest Telegram update was launched on Dec 6. Its main feature is the possibility for users to buy and use blockchain powered numbers for registration instead of usual mobile phones.
