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Business · Hong KongHong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said, following U.S. moves this year to bring these products to market.See the Story
Hong Kong regulators approve launch of spot bitcoin and ether ETFs
59% Center coverage: 17 sources
BlockchainThe Chinese authority has tapped on Conflux Network to build a Blockchain project for the “Belt and Road Initiative”. The project announcement comes at a time when China’s blockchain is advancing at a fast pace to be a leader in the global setup. However, the Chinese government still forbids institutions from handling cryptocurrencies. Conflux with Chinese Government to Launch Blockchain Project According to Wu Blockchain, a blockchain initiativ…See the Story
China Taps on Conflux to Launch Blockchain Project for Belt and Road Initiative
CryptocurrencyCoinbase's Layer 2 protocol Base has experienced a significant surge in decentralized finance (DeFi) activities. This resulted in a new milestone, surpassing $1 billion in volume for decentralized exchanges (DEX) The total value of assets locked on Base has soared to over $3 billion, marking a 200% surge over the past month.See the Story
Coinbase's Base DEX Hits $1 Billion Volume, Dominated by Uniswap
Warren Buffett · São PauloWarren Buffett, a stalwart critic of Bitcoin and crypto, is indirectly reaping the benefits of the asset class he has often dismissed. Buffett's investment conglomerate, Berkshire Hathaway, is witnessing substantial gains from a stake in a company that operates within the crypto market. The firm made a significant investment in Nu Holdings, a Brazilian fintech company that launched a platform for trading cryptocurrencies, Nucripto, in 2022.See the Story
Warren Buffett Is Cashing In on Bitcoin, Crypto Via Nu Holdings
SECThe US Securities and Exchange Commission is aggressively pursuing a $2 billion fine against Ripple Labs. The heart of the matter dates back to 2013 when Ripple allegedly initiated fundraising through the sale of XRP without proper registration. Ripple executives, including notable figures Larsen and Garlinghouse, are accused of personally profiting to the tune of approximately $600 million.See the Story