Author: CryptoHoppers
Key Takeaways UBS Asset Management launched its first tokenized fund on the Ethereum blockchain. The bank manages $5.7 trillion in assets and aims to meet growing investor demand for tokenized financial assets. Share this article UBS Asset Management announced today the launch of its first tokenized fund, the “UBS USD Money Market Investment Fund Token” (uMINT), on Ethereum’s blockchain.UBS, managing 5.7 trillion dollars in assets, will allow investors access to a high-quality, risk-managed money market investment product through authorized distribution partners.Thomas Kaegi, Co-Head of UBS Asset Management APAC, commented on the shift, saying, “We have seen growing investor appetite for tokenized…
After a prison sentence and forced exit from Binance’s leadership, Changpeng Zhao hints at bold, unexpected ventures ahead — charting a path few could foresee. From Prison to Plans: Binance’s CZ Unveils a Future Few Could Predict Binance cofounder and former CEO Changpeng Zhao (CZ) has declared he has no desire to return to the […] Source link
Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC). The notice alleges, but does not specify, violations of securities laws and […] Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A Shiba Inu millionaire bets on ETFSwap, predicting a 6,444% rally to $2 before Dogecoin hits $1, sparking interest in its presale. A prominent Shiba Inu (SHIB) millionaire is placing a high-stakes bet on ETFSwap (ETFS), projecting its price to rally 6,444% and hit $2 well before Dogecoin (DOGE) reaches the $1 mark. With Shiba Inu millionaire’s interest building, the ETFSwap (ETFS) presale might be gearing up for one of the most remarkable rallies in 2024. Shiba Inu millionaires…
Key Takeaways Hayes suggests Solana could be a strong play amid election volatility, potentially outperforming Bitcoin in bullish trends. The Federal Reserve’s monetary policy is expected to have a more significant impact on digital assets than the US election outcomes. Share this article Arthur Hayes, co-founder of BitMEX and CIO at Maelstrom, favors Solana ahead of the US elections, describing it as a “high beta Bitcoin” during an appearance on the Unchained podcast.With the elections just days away, Hayes explained that Solana is a good bet because it is highly liquid and likely to jump if Bitcoin performs well.Additionally, Hayes…
Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian after a Chinese-Vanuatu citizen filed a complaint accusing them of staging a fake arrest and extorting 165,000 USDT. The Chinese […] Source link
Este artículo también está disponible en español. On Wednesday, BlackRock, the world’s largest asset manager, achieved a significant milestone in the Bitcoin ETF market, recording the largest inflows since the inception of these investment funds in January. Bitcoin ETF Demand Soars Ahead Of US Presidential Election According to Bloomberg, approximately $872 million flowed into BlackRock’s iShares Bitcoin Trust on Wednesday, marking a daily record for the fund. This influx highlights the strong demand for Bitcoin ETFs, with subscriptions for this nine-month-old product ranking among the highest globally for ETFs in 2024. As a result of the inflows, BlackRock’s total holdings…
Key Takeaways BlackRock’s Bitcoin ETF attracted $318 million in net inflows despite a 4% Bitcoin price drop. IBIT’s recent growth contributes to US spot Bitcoin ETFs surpassing 1 million Bitcoin in holdings. Share this article BlackRock’s spot Bitcoin ETF, the IBIT fund, continues to be a preferred option for financial investors. The fund attracted around $318 million in net inflows on Oct. 31 despite Bitcoin’s price falling 4% to $68,800.The inflow followed IBIT’s record-breaking performance of $875 million on Oct. 30, which exceeded its previous high of $849 million. The fund’s weekly inflows have now surpassed $2 billion, according to…
The highly anticipated Champions Tactics: Grimoria Chronicles has finally launched, bringing Ubisoft’s latest entry into the world of blockchain-powered gaming to players worldwide. This dark fantasy, turn-based RPG invites players to craft their legend in Grimoria, diving into its rich lore and strategic combat. However, while Champions Tactics brings exciting innovations, the launch also highlights a persistent issue: mainstream media’s reluctance to embrace Web3 gaming. Mainstream Media’s Resistance to Web3: Why It’s Holding Gaming Back While Champions Tactics has excited its community, major outlets like Polygon, Kotaku, and IGN remain hesitant, if not outright dismissive, of blockchain and Web3 gaming.…
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s $5.8 million commitment to digital skills programs across Sub-Saharan Africa. The grant will aid Data Science […] Source link