DeFi Archives - Page 28 of 31

Exterior view of the Dutch finance ministry building in The Hague

Dutch Finance Ministry Rejects AFM’s Funding Boost for Crypto Oversight

July 29, 2024 Dan K

Dutch Finance Ministry Rejects AFM’s Funding Boost for Crypto Oversight In one word, no! The local financial regulator has been peeved after repeated demands on the Dutch finance ministry for the extra funding needed to

European regulators discussing mandatory cybersecurity audits for crypto firms

Tether CEO Warns MiCA Stablecoin Rules Could Pose ‘Systemic Risks’ to EU Banks

July 26, 2024 Dan K

Tether CEO Paolo Ardoino warns that Europe’s MiCA stablecoin regulations could create systemic risks for EU banks due to excessive cash reserve requirements.

Russia Mulls Launching Tokens Backed by Cenbank-Owned Gold

July 26, 2024 Dan K

Russia explores gold-backed tokenized assets for cross-border trades, with plans for broader testing and availability by the end of the year.

State of Michigan Retirement System invests $6.6 million in ARK 21Shares Bitcoin ETF

Michigan Adds $6.6M in Bitcoin ETFs to Pension Fund

July 26, 2024 Dan K

Michigan’s pension fund invests $6.6M in Bitcoin ETFs, highlighting the growing institutional adoption of digital assets and the rise of crypto investments.

Michael Novogratz announces the launch of Galaxy Ventures Fund I LP with $113M raised for cryptocurrency startups.

Galaxy Asset Management Secures $113M for New Crypto Fund

July 25, 2024 Dan K

Galaxy Asset Management secures $113M for Galaxy Ventures Fund I LP, targeting early-stage cryptocurrency ventures and blockchain technology startups.

Coinbase Seeks Access to Gensler’s SEC Communications

July 24, 2024 Dan K

Coinbase has filed a motion asking the SEC to release documents related to Gary Gensler’s internal discussions, arguing these are crucial for their defense.

Exterior view of the SEC building, symbolizing leadership changes as Gary Gensler and Jaime Lizárraga step down ahead of Trump’s term.

Phoenix Group Unveils 25MW Crypto Mining Facility in South Carolina

July 23, 2024 Dan K

Phoenix Group launches a new 25MW crypto mining facility in South Carolina, enhancing its global capacity to 18 exahash and driving technological advancement.

Bitcoin Chart Showing Significant Inflows

Digital Asset Products See $1.35 Billion in Inflows, Extending 3-Week Run to $3.2 Billion

July 22, 2024 Dan K

Digital asset products experienced $1.35 billion in inflows last week, bringing the three-week total to $3.2 billion, driven by strong Bitcoin investments.