VanEck Set to Launch Spot Bitcoin ETF on Australia’s ASX
Australia’s very first spot Bitcoin ETF is expected to be introduced by asset manager VanEck. The Australian Securities Exchange (ASX) authorized the VanEck Bitcoin ETF for listing on June 20, per a blog post. The Titan Money Manager said that its Bitcoin (BTC) ETF will be the most affordable in Australia. Since 2021, VanEck has […]
Coolpad to Invest $13.5M in Bitcoin Mining Rigs
Coolpad Group plans to invest $13.5 million in 2,700 Bitcoin mining rigs to be deployed in North America. Coolpad Group intends to acquire 2,700 BTC mining machines for $13.5 million. These devices will be deployed by the organization in North America.Coolpad, a telecommunications provider headquartered in Shenzhen and listed on the Hong Kong Stock Exchange, […]
Slerf Memecoin Creator Teases New DAO for Token Holders
The Solana memecoin Slerf, which has a sloth motif seems to be planning to create a decentralized organization to direct its development. The developer of Memecoin, Slerf, revealed plans to create a community board and a decentralized autonomous organization (DAO) for holders of NFT and the SLERF token on the Solana blockchain. Slerf “accidentally” burnt about […]
Ethiopia begins CBDC initiative as part of economic reform
Ethiopia’s central bank prepares legal framework for CBDC as part of economic reform. Two proclamations have been formulated by the National Bank of Ethiopia (NBE) as part of an economic reform strategy. One of them is the establishment of a legal framework for the introduction of a central bank digital currency (CBDC). The proclamations have […]
South Korea May Delist 600 Altcoins Under New Law
South Korean financial authorities may delist about 600 altcoins this year under the new Virtual Asset User Protection Act. According to Korean news medium Dnews, which cites sources familiar with the situation, South Korea’s financial authorities will start re-evaluating more than 600 cryptocurrency listings on local trading platforms in July after the implementation of the […]