Two asset managers in Hong Kong have jointly filed for a spot Bitcoin exchange-traded fund (ETF) with the Securities and Futures Commission (SFC). The move comes at a time when the regulator is gearing-up to approve ‘in-kind’ BTC spot ETFs in Q2 2024. Asset managers VSFG and Value Partners announced last week that they have together applied for a spot ...

Stratis, a blockchain company specializing in flexible and modular enterprise-grade solutions, has achieved a significant milestone by receiving Virtual Asset Service Provider (VASP) registration from the Banco de España, the central bank of Spain. This registration officially recognizes Stratis as a registered blockchain platform operating in the country. The announcement, made on March 28, highlights that Stratis’ Layer 1 blockchain ...

Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving the FixedFloat exchange, which resulted in a loss of $9 million. The protocol team has acknowledged the breach, and their engineers have already halted the DeFi protocol to investigate the attack. Prisma Finance Hit by $11 Million Exploit, Security Firms Confirm UPDATEOur system has ...

Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Kaplan likened Bankman-Fried’s theft of nearly $8 billion in customer funds to “a game,” where he weighed “the cost of getting caught against the probability of not getting caught.” “That was ...

An incendiary new Solana meme coin called $SMOG is landing on a centralized exchange (CEX) “very soon” as the first season of its airdrop concludes, according to the token’s progenitors’ latest announcement on social media.  The SMOG team promises the listing will be a landmark event. The announcement urges #Dragons (the pet name for denizens of $SMOG’s army) to “get ...

Mainstream cryptocurrency adoption is well underway according to recent findings from a Crypto.com report that show global cryptocurrency ownership increased by 34% last year.  According to the report, 432 million people owned crypto in January 2023, a number which rose to 580 million by the end of last year.  While notable, digital assets may soon become even more mainstream if ...

The first quarter of this year has seen $336 million lost to Web3 hackers and fraud, with nearly half of the capital stolen in January alone. Nonetheless, the number represents a 23% decrease compared to the first quarter of 2023, according to the latest report by bug bounty and security services platform Immunefi. Notably, said the team, almost $100 billion ...

In just a few days, traders have poured $1.4 million into an ICO for new Solana meme coin Slothana ($SLOTH), in a bid to try and recapture some of that early potential of the network’s established funny tokens like Slerfs, DogWifHat and Bonk. Solana’s latest meme sensation is a lazy sloth who lives and works on the Solana blockchain. But ...

Amazon has invested $4 billion in ChatGPT’s rival artificial intelligence (AI) startup Anthropic, solidifying its minority ownership in the company.  In a recent announcement, the e-commerce and technology giant revealed that it has injected an additional $2.75 billion into Anthropic, following an initial investment of $1.25 billion made back in September. Anthropic, founded in 2021 by former members of OpenAI, has ...

HashKey Exchange has formed a strategic partnership with Victory Securities to enhance virtual asset services in Hong Kong. In an official announcement made by HashKey, the exchange has entered a collaboration with the Hong Kong Securities and Futures Commission (SFC) licensed investment management firm Victory Securities on March 28. HashKey to Enhance Digital Asset Services The collaboration focuses on enhancing ...