Bancolombia Launches Crypto Exchange, Peso Stablecoin
After nearly a decade of study and research, Bancolombia, the largest bank in Colombia, has established Wenia, a cryptocurrency exchange, and a peso-pegged stablecoin. In conjunction with a cryptocurrency exchange, the Colombian bank introduced “COPW,” a stablecoin pegged to the Colombian peso. In its inaugural year, the cryptocurrency platform intends to acquire 60,000 users and […]
Hong Kong Spot Bitcoin, Ether ETFs See Low Adoption
In their inaugural trading week, Hong Kong spot Bitcoin exchange-traded funds (ETFs) have significantly lagged behind their US counterparts, managing to attract around $22.5M in inflows. A substantial portion of the $262 million in assets under management (AUM) that the three spot Bitcoin ETFs that debuted in the East Asian city on April 30 have […]
Binance Wallet Now Supports Bitcoin Atomical ARC-20 Assets
Binance has integrated Bitcoin ARC-20 atomical assets into its native Web3 wallet to provide a transparent, secure record of ownership and history for Bitcoin NFTs. “ARC-20 is a token standard that makes it possible to create fungible tokens that can be held and transferred on the Bitcoin blockchain,” Binance employees wrote on May 2. “To […]
Apple Reportedly Poaches Google AI Staff
Reportedly, Apple has been recruiting Google staff intending to assemble its team of machine learning and artificial intelligence (AI) specialists. The Financial Times (FT) reported on April 30 that Apple has engaged in a “hiring spree” over the past year, explicitly acquiring “dozens” of these specialists from Google. Since 2018, Apple has reportedly recruited approximately […]
South Korean Ministries to Upgrade Crypto Crime Investigation Unit
South Korean Ministries of Justice and Security and Public Administration are collaborating to upgrade their crypto crime investigation unit to the rank of a permanent department. According to Segye Ilbo, we will witness discussions on budget allocation and the selection of prosecutors early next month, among other topics. The current branch comprises prosecutors affiliated with the […]