Tag: Funds

SEC approves 9 more WisdomTree ‘blockchain-enabled’ funds

[ad_1] The U.S. Securities and Exchange Commission (SEC) has given the green light to nine more blockchain-enabled funds from $82 billion asset manager WisdomTree. None of these funds track crypto assets themselves, but the firm does utilize the Ethereum and Stellar blockchains to keep a secondary record of share...
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FTX US Deal with Voyager Offers 72% Funds Recovery

[ad_1] According to court documents from this week, clients of the bankrupt crypto lender, Voyager Digital might have a chance to recover some of their funds. Under a preliminary deal with FTX US, a cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange...
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MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot

[ad_1] MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor.  Arbitrage bots are programs that automate trading for profits based on historical market information. An investigation of MEVbots’ contract...
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CZ says funds are ‘SAFU’

[ad_1] Crypto’s Black Monday continues to wreak havoc. Changpeng Zhao, the CEO of crypto exchange Binance, tweeted that there would be a temporary pause on Bitcoin (BTC) withdrawals. Temporary pause of $BTC withdrawals on #Binance due to a stuck transaction causing a backlog. Should be fixed in ~30 minutes....
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Valkyrie Funds Launch the Valkyrie Bitcoin Miners ETF

[ad_1] Valkyrie Funds announced the launch of the Valkyrie    Bitcoin  Bitcoin Bitcoin is the world’s first digital currency that was created in 2009 by a mysterious entity named Satoshi Nakamoto. As a digital currency or cryptocurrency, Bitcoin operates without a central bank or single administrator. Instead, Bitcoin can...
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Chinese banks explore e-yuan for selling investment funds and insurance

[ad_1] Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online. The South China Morning Post reported on Tuesday that leading Chinese banks such as Bank of Communications (Bocom) and China Construction...
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FBI joins Mirror Trading probe in Africa to help recover US investor funds

[ad_1] Investigations into the South African company Mirror Trading International (MTI) – widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme – are now engaging the United States Federal Bureau of Investigation (FBI). MTI, which went into provisional liquidation in December 2020, claimed to have over 260,000...
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