JP Morgan, Wells Fargo latest major banks to disclose Bitcoin exposure via ETFs

JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the spot BTC exchange-traded funds launched in January. The two lenders filed their 13F disclosures on May 10, revealing a modest investment in the Bitcoin ETFs. дальше »

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WBTC address poisoner sends nearly all funds back to victim after negotiations

Blockchain data shows that nearly 23,000 ETH was transferred into the victim’s account after negotiations opened on May 10.

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Change Of Heart: Crypto Scammer Returns $34.7 Million To Victim’s Address

A week ago, a crypto whale fell victim to a scam that resulted in the loss of over $71 million. In the following days, the scammer moved the funds to veil them. But in a shocking turn of events, they returned the funds to the victim. дальше »

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Crypto scammer returns $34.7 million in stolen assets after victim offers bounty

The crypto scammer who stole 1,155 Wrapped Bitcoin (WBTC), equivalent to $70. 5 million, has begun returning the funds, according to on-chain data. Blockchain security firm Peckshield reported that the attacker had returned 50% of the stolen funds— approximately 11,446. дальше »

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Ethereum Spot ETF Dream Dashed? Expert Pessimistic On Approval Prospects

Within the cryptocurrency investment space, there has been much debate and conjecture around the possibility of an Ethereum Spot Exchange-Traded Funds (ETFs). However, in light of ongoing regulatory obstacles, senior Bloomberg Intelligence analyst Eric Balchunas has offered a gloomy view of the products, noting that the firm is now more pessimistic than ever about the […] дальше »

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BlockFi partners with Coinbase to distribute assets recovered from FTX

Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of funds recovered from bankrupt FTX. BlockFi, which emerged from bankruptcy in 2023 following a series of cascading bankruptcies associated with the collapse… дальше »

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Harvest Plans To Open Hong Kong Bitcoin ETF To Mainland China

Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to mainland Chinese investors through the Hong Kong Stock Connect. дальше »

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Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings

One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York.  Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent […] дальше »

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The Rothschilds Hold $4.2 Million in Bitcoin via ETFs

Edmond de Rothschild (Suisse) S.A. now holds shares of Bitcoin exchange-traded funds, according to recent regulatory filing дальше »

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EU seeks stakeholder opinions on adding crypto to 12T euro investment market

If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market. дальше »

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Bitcoin and Ethereum ETFs in Hong Kong diverge

Quick Take Hong Kong ETFs According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8. While Bitcoin (BTC) ETFs saw overall inflows, Ethereum (ETH) ETFs saw outflows. дальше »

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US lawmakers introduce bill to suspend crypto mixer transactions

US lawmakers have proposed a new bill that aims to temporarily prevent financial institutions from engaging in transactions involving funds that have been through crypto mixers. Congressman Sean Casten (IL-06) introduced the bill on May 7 and received support from Representatives Bill Foster, Brad Sherman, and Emmanuel Cleaver. дальше »

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How Binance played a key role in arrest of ZKasino scam suspect

Despite the arrest of the main suspect, some of the stolen funds continued to be moved, suggesting multiple potential attackers.

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Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan

Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening. дальше »

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Crypto Heist Funds On The Move: Poloniex Hacker Transfers $3.4 Million To Tornado Cash

Reports unveiled that part of the stolen funds from crypto exchange Poloniex have been moved for the first time. After six months, one of the identified accounts where the exploit proceedings were sent in November 2023 transferred $3. дальше »

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Crypto Trading Firm Wintermute to Provide Liquidity for Hong Kong Bitcoin and Ether ETFs

Looking to strengthen its market share in the Asia region, Wintermute will become a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds. дальше »

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Poloniex hacker moves stolen funds for first time, keeping $182m untouched

The Poloniex cryptocurrency exchange hacker transferred 100 ETH to the Tornado Cash mixer. дальше »

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Spot ETFs in Hong Kong launch softened outflow from US funds

The outflow of investments in digital assets for the fourth week in a row amounted to $251 million. дальше »

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Crypto Super PACs raise $102M to support crypto-friendly US candidates

Crypto Super PACs have amassed $102 million in funds ahead of the US elections to advocate for candidates supportive of the industry, according to a report by Public Citizen. Approximately $54 million originates from direct corporate contributions, notably from industry giants Coinbase and Ripple Labs. дальше »

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Kronos Research hacker starts laundering funds on Tornado Cash

After six months those responsible for the $25 million Kronos Research exploit have begun transferring the pilfered funds. Blockchain security firm PeckSheild flagged the move on May 7, noting that the hackers were directing the funds towards the mixing platform… дальше »

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Fidelity leads with inflows as Bitcoin ETFs capture $217M in one day

Quick Take According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on May 6, reaching $217. 0 million. This massive influx comes just days after another significant inflow was recorded on May 3. дальше »

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Kronos Research hacker shifts funds to Tornado Cash

Kronos Research was exploited for $25 million in November 2023, with one of the six wallets linked to the hacker moving funds to Tornado Cash on May 7. дальше »

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Grayscale Bitcoin Trust Sees First Inflows In 3 Months, Hong Kong ETF Market Gains Traction

Grayscale Bitcoin Trust (GBTC), the world’s largest cryptocurrency investment vehicle, has experienced a notable influx of investor funds for the first time since the January approval of US spot Bitcoin exchange-traded funds (ETFs). дальше »

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Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction

The exchange-traded funds only managed to attract around $22.5 million in inflows during their first week of launch.

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Bitcoin Community Suffers in Brazil Floods: How to Help Out

In response to catastrophic rains in RS, Brazil, particularly in Rolante, the Bitcoin community is mobilizing support and funds to aid affected residents, demonstrating solidarity and prompt action in times of crisis. дальше »

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Hong Kong’s bitcoin ETFs garner $230 million in first week, outperforming futures

Hong Kong’s introduction of spot Bitcoin exchange-traded funds (ETFs) has marked a significant milestone, amassing $230 million in assets under management (AUM) in just their first week, surpassing their futures counterparts and reflecting a broader global trend towards cryptocurrency acceptance. дальше »

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Battle for Ethereum ETFs turns messy in the US — what’s next?

Michael Saylor thinks they won’t launch at all, and even some fund issuers think it’s unlikely this year. Meanwhile, other countries are gaining a first-mover advantage. The battle to launch exchange-traded funds based on Ethereum’s spot price in the U.S.… дальше »

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Bitfinex CTO denies new allegations of user data hack, assures funds are secure

Bitfinex CTO debunks rumors of a major data breach, suggesting that the alleged hackers used high-profile claims to market their hacking tool. The post Bitfinex CTO denies new allegations of user data hack, assures funds are secure appeared first on Crypto Briefing. дальше »

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VC roundup: Securitize, Agora, Moso, Hinkal, X10 clinch new funds

Cryptocurrency companies closed the week with nearly $62 million in venture capital (VC) raised from various firms, including BlackRock. дальше »

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BTC-e founder pleads guilty in $9B money laundering conspiracy

The platform was utilized to launder funds acquired from various criminal activities, including computer hacking, ransomware attacks and drug trafficking. дальше »

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Hon Kong’s asset management firm becomes the largest investor in BlackRock Bitcoin ETF

Yong Rong HK Asset Management emerges as the top holder in BlackRock Bitcoin ETF with $38M investment. Ovata emerges as biggest buyer in Bitcoin ETF market, investing $74M in various funds. Bitcoin price surpasses $61,000 amidst market dynamics, signaling resilience and potential. дальше »

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Crypto startups received $935 million from VC funds in April

April's VC investments in crypto startups totaled $935 million, with a focus on blockchain infrastructure and DeFi sectors. The post Crypto startups received $935 million from VC funds in April appeared first on Crypto Briefing. дальше »

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$68 Million Mistake: Funds of Scammed Crypto Trader Already Converted to Ethereum

The scammer's moves are being monitored by blockchain sleuths дальше »

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Pension Funds Explore Bitcoin ETF Investments: Fidelity

Following the approval of Bitcoin ETFs, pension funds are considering crypto investments, reflecting a significant shift in traditional financial strategies and potential mainstream acceptance. The post Pension Funds Explore Bitcoin ETF Investments: Fidelity appeared first on BeInCrypto. дальше »

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Challenging the notion of ‘Stag’ or ‘Flation’

Quick Take Federal Reserve Chair Jerome Powell dismissed concerns about stagflation following the release of the latest US economic data. In his speech following the Fed’s decision to keep fed funds rates at 5. дальше »

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Hong Kong firm invests $38 million in BlackRock’s IBIT, highlighting appeal of US ETFs

Quick Take Farside data shows that the Bitcoin exchange-traded funds (ETFs) witnessed an outflow of $34. 4 million on May 2. Grayscale’s GBTC was the sole ETF to experience outflows, which is an encouraging sign compared to May 1, when all ETFs faced outflows. дальше »

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ZKasino founder arrested in Netherlands and over $11 million seized

The FIOD arrests a man linked to the ZKasino scam, seizing over 11 million euros in assets and securing victim funds with Binance's help. The post ZKasino founder arrested in Netherlands and over $11 million seized appeared first on Crypto Briefing. дальше »

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Fidelity: Pension Funds Exploring Bitcoin Investments on ETF Approval

Fidelity says pension funds are starting to explore Bitcoin investments, representing a seismic shift towards mainstream adoption. дальше »

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US Bitcoin ETFs Bleed Record-Breaking $563 Million As BlackRock’s IBIT Posts First Day Of Outflows

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Fidelity Bitcoin ETF’s $191 million outflow surpasses Grayscale as BlackRock records first redemptions

Quick Take Farside data shows that on May 1, Bitcoin exchange-traded funds (ETFs) suffered a record $563. 7 million outflow – the worst single-day performance since their inception. This massive capital exodus marked the sixth consecutive trading day of withdrawals, aligning with Bitcoin’s over 20% plunge from its all-time high. дальше »

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Europe’s Largest Bank Buys BlackRock Bitcoin ETF Before US Wealth, Pension Funds

BNP Paribas has made a pioneering move by investing in BlackRock's iShares Bitcoin Trust ETF, showcasing the growing acceptance of Bitcoin in traditional financial sectors. The post Europe’s Largest Bank Buys BlackRock Bitcoin ETF Before US Wealth, Pension Funds appeared first on BeInCrypto. дальше »

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Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?

Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin.

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BlackRock: Sovereign Wealth, Pension Funds Considering Bitcoin ETFs

BlackRock says sovereign wealth funds and pensions are having diligence conversations about Bitcoin ETFs, signaling growing institutional Bitcoin adoption despite recent outflows. дальше »

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BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs

The asset manager has been helping educate pension funds, endowments and sovereign wealth funds about the new spot bitcoin ETF products, the firm's head of digital assets said. дальше »

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Indian enforcement agency collaborates with Binance to bust scam app

The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets. дальше »

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Nigeria’s Patricia exchange CEO refutes closure rumors

Patricia came under scrutiny following a hacking incident in May 2023, which led to a significant loss of customer funds.

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Bitcoin fights to stay above $58,000 as Fed maintains unchanged rates

Quick Take The Federal Reserve has opted to maintain the fed funds rate within the range of 5. 25% to 5. 50%. Preceding this decision, Bitcoin experienced a decline from approximately $64,000 to a low of around $56,500. дальше »

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Vitalik Buterin Affirms Multi-Signature Wallets Are Safer Than Hardware Wallets

Vitalik Buterin promotes multi-signature wallets, emphasizing their security benefits over hardware wallets. Control over funds is distributed among multiple parties, enhancing protection against vulnerabilities. дальше »

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An ETH ETF Wouldn’t Deliver Full-Returns to Investors

An SEC approval for spot ETH ETFs looks unlikely but even if the SEC approves exchange traded funds for Ether, investors should learn about total return ETH investment products. That way, they can gain from staking rewards as well as the underlying asset, says Jason Hall, the CEO of Methodic Capital Management. дальше »

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Bitcoin ETFs endure outflows, totaling $635 million over five trading days

Quick Take Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced another outflow of $161. 6 million on April 30. Currently, BTC ETFs are seeing a joint record stretch of outflows, with investors pulling money for the fifth consecutive trading day on April 30. дальше »

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