Hong Kong Bitcoin and Ethereum ETF to Attract $1B in Asset
Bloomberg analysts, Eric Balchunas and Rebecca Sin, predict that Hong Kong Bitcoin and Ethereum ETFs will only attract $1 billion in assets. With analyst Rebecca Sin, Bloomberg analyst Eric Balchunas has revised estimates for the prospective assets under management (AUM) of exchange-traded funds (ETFs) for Bitcoin and Ethereum in Hong Kong. The anticipated AUM for […]
0X Labs, Partners Raise $70 Million In Series B Funding
0x Labs, a decentralized exchange infrastructure provider based in San Francisco, recently closed a Series B fundraising round sponsored by Greylock Partners. Pantera, Jump Capital, OpenSea, and well-known American actor/musician Jared Leto all contributed to the sum of $70 million raised by the company. The value of 0x is unknown, although it raised $24 million […]
YGG SEA Generates $15 Million To Promote P2E Game
Yield Guild Games Southeast Asia (YGG SEA) has raised $15 million through two private deals. It’s yet another sign of how popular play-to-earn gaming (P2E) is in that portion of the world. Due to its continued success in Southeast Asia, the notion of blockchain gaming has gained popularity . In nations like the Philippines, games […]
SEC, Ripple Labs extend case until 2022-end
The SEC and Ripple Labs executives have agreed to prolong the case’s timeline and postpone hearings until the end of 2022, implying that the matter would likely drag on well into 2023. Both parties requested the extension in a letter addressed to Judge Sarah Netburn, who has been presiding over the case. The amended schedule […]
Binance Retrieves Stolen Funds From Axie Infinity Hack
Axie Infinity creators were given a breath of fresh air when Binance announced that it had recovered part of the stolen cash, giving victims a ray of optimism. Binance CEO Changpeng Zhao (CZ) took to Twitter to announce that the Lazarus Group has recovered $5.8 million from 86 accounts on the exchange. As of press […]