Canada Approves World’s First Regulated Ethereum ETF

After a massive success with the Bitcoin exchange-traded fund (ETF), the Canadian securities regulator has now approved an Ethereum ETF, which happens to be not only the country’s but the world’s first direct custody Ethereum ETF. The ETF has been launched by Purpose Investments, the same fund management company to launch and manage the country’s… Continue reading Canada Approves World’s First Regulated Ethereum ETF

French Crypto Broker Bitit Shuts Down

When the crypto industry is running bullish with a record in Bitcoin prices, French digital asset brokerage Bitit is shutting its operations due to regulatory difficulties and cut-throat competition. According to a notice on Bitit’s website, the company will disable its crypto buying and selling functions from April 15 and will halt all withdrawals on… Continue reading French Crypto Broker Bitit Shuts Down

Deutsche Börse Expands Crypto Offering with Litecoin ETN

Deutsche Börse Group, a leading German marketplace organizer for the trading of shares and other securities, today announced that it has expanded its crypto offering with the introduction of an Exchange Traded Note (ETN) on Litecoin (LTC). According to the official announcement, Litecoin ETN is available for trading via Xetra and Börse Frankfurt. ETC Group… Continue reading Deutsche Börse Expands Crypto Offering with Litecoin ETN

ConsenSys Gets Big Banks’ Backing in $65 Million Funding Round

ConsenSys, the blockchain company developing enterprise software on Ethereum, has raised $65 million in funding from mainstream financial giants like JPMorgan, Mastercard, and UBS. Other blockchain-focused venture capitals, including Alameda Research, Protocol Labs, the Maker Foundation, and a few others, also took part in the massive investment round. Tuesday’s announcement further detailed that several funds… Continue reading ConsenSys Gets Big Banks’ Backing in $65 Million Funding Round

BTC Miner Maker Canaan Ends 2020 with $68 Million in Revenue

Chinese Bitcoin mining hardware manufacturer, Canaan Creative (Nasdaq: CAN), announced on Monday that it closed 2020 with total revenue of $68.6 million, out of which $5.9 million were generated in the fourth quarter of the year. It sold a total of 6.6 million THash/s of computing power, which was a 37.1 percent decline from its… Continue reading BTC Miner Maker Canaan Ends 2020 with $68 Million in Revenue

HSBC Bans MicroStrategy Shares Citing Bitcoin Investments

British investment banking giant, HSBC (LON: HSBA) has barred the customers of its online trading platform, HSBC InvestDirect (HIDC), from purchasing the shares of the business intelligence company MicroStrategy, which is trading under the ticker MSTR. According to a snapshot making rounds on Twitter, the banking giant is sending a message to its customers, who… Continue reading HSBC Bans MicroStrategy Shares Citing Bitcoin Investments

Ledger Faces Class-Action Lawsuit for 2020 Data Breach

Ledger, a crypto hardware wallet maker, and Shopify, an e-commerce company, are facing a class-action lawsuit in the United States over a massive data breach that happened last year. First reported by The Block, law firm Roche Freedman filed a formal complaint against the two companies on April 6 on behalf of two lead plaintiffs. Looking… Continue reading Ledger Faces Class-Action Lawsuit for 2020 Data Breach

Coinme Installs over 300 Bitcoin ATMs across Florida

US-based Bitcoin ATM operator, Coinme announced on Wednesday the expansion of its operations in the state of Florida with the installation of more than 300 Bitcoin-enabled Coinstar kiosks. The Bitcoin cash machines have been strategically installed inside grocery chains like Winn Dixie, Fresco y Mas and Harveys across small towns and big cities. The aim… Continue reading Coinme Installs over 300 Bitcoin ATMs across Florida