The pension fund had invested twice in the now-bankrupt crypto exchange, once during the peak of the bull run in 2021 and again in early 2022. The Onatario Teachers’ Pension Plan has decided to steer its investment away from cryptocurrencies. The decision comes after the OTPP — which manages over $190 billion in assets —…
Read more
Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU’s MiCA regulations on crypto assets. Hot on the heels of the European Parliament passing the Markets in Crypto-Assets (MiCA) regulation, Ukrainian regulators have stated publicly that they will adopt the legislative package in their own country as well. The Deputy Chairman…
Read more
The company ceased its Ether mining operations long before the Merge Upgrade was completed. On April 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies. The raise was led by Magnetar…
Read more
Nigerian crypto exchange Roqqu received the green light to operate in South Africa, providing on and off-ramps to South Africa’s Rand currency. Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country’s fiat currency, the South African Rand, according to…
Read more
The daily trading volume of all Hong Kong crypto ETFs averaged about $1.19 million between December and early February. According to a report published by the Hong Kong Stock Exchange (HKSE), two Bitcoin (BTC) exchange-traded funds (ETF) and an Ether (ETH) ETF listed on HKSE averaged 9.30 million Hong Kong dollars ($1.19 million) in daily trading…
Read more
Scientists at the University of Melbourne and Tsinghua University published pre-print research comparing the cryptocurrency market to traditional equities. A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market. Dubbed “Collective dynamics, diversification and optimal…
Read more
The Tornado Cash developer was arrested in August 2022 by Dutch authorities as part of a criminal investigation against the crypto mixer service. Tornado Cash developer Alex Pertsev is set to be released from jail after spending nearly nine months in prison. Pertsev was arrested in August last year by Dutch authorities on suspicion of being…
Read more
Web3 interoperability integration between Radix and LayerZero, launching in the second half of 2023, enables cross-chain communication and asset transfers, unlocking omnichain functionality for DApps and assets. Web3 interoperability is important to building a decentralized ecosystem that is scalable, secure and provides a seamless user experience. Radix, a Layer-1 protocol, has partnered with LayerZero, an…
Read more
“There are no refunds. All sales of Trump Digital Trading Cards are final,” developers wrote. A second collection of nonfungible tokens (NFTs) licensing the name and image of former United States President Donald Trump sold out on April 19, one day after its initial launch. The collection featured 47,000 Trump digital collectibles priced at $99…
Read more
The so-called on-chain management protocol gives non-U.S. accredited investors access to one-month U.S. Treasury yields. Crypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities. According to an Apr. 19 post, Maple Finance has launched a new Cash Management Pool for institutional Web3 investors to access U.S.…
Read more
