Evolve Funds Group launches Canada’s first multi-crypto ETF
Evolve Funds Group, a Canadian exchange-traded fund (ETF) provider, has launched the country’s first multi-crypto ETF that is pegged to both Bitcoin and Ethereum on the Toronto Stock Exchange. The Evolve Cryptocurrencies ETF will first invest in Bitcoin ETF (“EBIT”) and Ether ETF (“ETH”) and will trade under the tickers ETC (CAD Unhedged Units) and […]
TikTok sets to release video NFTs on the Ethereum network
TikTok, a popular social video sharing platform, said today that it will create a line of video NFT which will be issued on Immutable X, a layer-2 scaling solution for Ethereum. TikTok will enlist the help of some of its most popular producers to create six NFTs based on existing, “culturally significant” videos on the […]
As Bitcoin adoption grows, Bitcoin Depot’s crypto ATMs surpasses 5,000
Bitcoin Depot’s bitcoin ATM network continues to grow, with North American installations reaching 5,000 for the first time. With this achievement, Bitcoin Depot has reclaimed its position as North America’s largest ATM network , the firm stated on Thursday. In the previous six months, the number of kiosks has tripled, enabling more people to access […]
Former IRS-CI special agent becomes Binance’s head of intelligence division
In a bid to adhere to regulatory policies, Binance cryptocurrency exchange has hired a former US Internal Revenue Service agent to lead its new intelligence unit. Binance said Thursday that Tigran Gambaryan has joined the firm as vice president of global intelligence and investigations . Since joining the IRS as a special agent in September […]
Visa is working on a blockchain interoperability project
Visa, one of the world’s largest payments companies, announced a project that aspires to be a network of blockchains, cryptocurrencies, stablecoins, and central bank digital currencies (CBDC). Visa’s research team is working on a “Universal Payment Channel ” (UPC) initiative, a blockchain interoperability hub connecting numerous blockchain networks and enabling transfers of digital assets from […]