BlackRock and other funds have collected billions of dollars worth of inflows for their Ethereum products. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though.
For years, the industry has created and lost value without establishing real business models. It’s time to demonstrate that we’re on the path to turning blockchains and the applications built on them into real businesses, says Azeem Khan.
Hong Kong’s Securities and Futures Commission (SFC) has found “unsatisfactory practices” at “some” of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people familiar with the situation.
India’s central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC.
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Durov’s arrest stems from a warrant issued by France’s OFIM, an office that works to prevent violence against minors, as part of a complaint into Telegram’s lack of moderation and cooperation with law enforcement.
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.
