Digital – Coin HD

Digital Asset Outflows Hit $240 Million Amid US Trade Tariff Concerns

Leave a Comment / Asset, Digital / azlan90

Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI […]

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Arizona’s Digital Asset Reserve Bills Move Forward, But Governor’s Veto Threat Looms

Leave a Comment / Arizona’s, Digital / Avery Clarkson

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Ex-Mine Digital CEO Faces Charges Over $1.5M Embezzlement

Leave a Comment / Digital, Ex-Mine / Nisha

Grant Colthup, the former CEO of ACCE Australia, is facing a single fraud charge following an investigation by the Australian Securities and Investments Commission (ASIC). Colthup, who appeared in the Magistrates Court at Ipswich, Queensland, was charged with embezzling $1.47 million (2.2 million Australian dollars) from a customer. $1.5M Bitcoin Payment Goes Missing From May

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Wave Digital Assets Launches Polygon Yield Vehicle with $30M Investment

Leave a Comment / Assets, Digital / azlan90

[PRESS RELEASE – Los Angeles, California, May 30th, 2024] Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity

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UK Digital Bank Kroo to Ban Crypto Transactions Effective May 30

Leave a Comment / Crypto, Digital / azlan90

Last updated: May 29, 2024 03:56 EDT | 1 min read London-based challenger bank Kroo has banned its customers from engaging in crypto transactions in order to “help keep user account and money safe.” “From 30th May 2024, to help keep your account and money safe, we will no longer process bank transfers or card

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Anchorage Digital Adds Support for Native DYDX Staking

Leave a Comment / Anchorage, Digital / Admin

[PRESS RELEASE – Zug, Switzerland, May 15th, 2024] Institutional crypto platform Anchorage Digital has announced support for native DYDX staking. Now, institutions can stake DYDX from safe and secure custody at Anchorage Digital and earn staking rewards distributed by the protocol in USDC. As home to the only federally chartered digital asset bank, Anchorage Digital

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Digital Euro Use Won’t Push Out Swedish Krona: Central Bank

Leave a Comment / Digital, Won’t / Admin

Last updated: May 14, 2024 07:59 EDT | 2 min read Adopting a potential digital euro won’t displace the Swedish krona, Sweden’s central bank said. In a staff memo published Tuesday, the Sveriges Riksbank indicated it sees potential benefits for Sweden in the digital euro. It highlighted the possibility of a more robust and competitive

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Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

Leave a Comment / Digital, Venezuela’s / Avery Clarkson

Last updated: April 30, 2024 05:13 EDT | 1 min read Experts warn that Venezuela’s likely shift towards digital currency necessitates stricter regulations. The development comes as Venezuela’s state oil company PDVSA is ramping up digital currency use for crude oil and fuel exports, according to Reuters. This decision follows the Biden administration declining to

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Marathon Digital Chooses StanChart-Backed Zodia Custody as Crypto Custodian

Leave a Comment / Digital, Marathon / Avery Clarkson

Last updated: April 30, 2024 01:22 EDT | 1 min read Marathon Digital has selected Standard Chartered-backed digital asset custodian Zodia Custody to safeguard its crypto holdings. Zodia Custody will offer secure, institutional-grade custody solutions for Marathon’s crypto holdings located outside the United States, Monday’s announcement said. The need for secure and reliable storage of

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Galaxy Digital Reports $296M Net Income in 2023 After $1B Loss

Leave a Comment / Digital, Galaxy / azlan90

Mike Novogratz’s digital asset financial services firm Galaxy Digital posted a net income of $296 million for the full year 2023, according to its recently released financial statement. This was a significant turnaround after a $1 billion loss in 2022. The company said that Q4 of 2023 was particularly game-changing for the company. In its

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