News with the tag "Digital Asset"

Crypto ETFs saw a record $12.8 billion in inflows in July, driven by investor interest in digital assets through regulated and familiar investment vehicles, with BlackRock's iShares Bitcoin Trust (IBIT) leading the surge.

Crypto has significantly boosted America's $67 billion illegal online gambling industry, with 74% of the market operating through illegal channels, growing at a faster rate than legal operators.

Mill City Ventures (MCVT) is making a significant $500 million investment in SUI, a Layer 1 blockchain, signaling strong belief in its potential despite initial market skepticism.

RWA tokenization is transforming the financial world by digitizing real-world assets, enhancing liquidity, and enabling fractional ownership, though widespread adoption faces regulatory and technical challenges.

0G Labs' decentralized AI training framework, DiLoCoX, significantly reduces the cost and increases the speed of AI model training, challenging traditional centralized cloud-based methods.

Bitcoin's price has surged above $116,000, driven by institutional adoption, ETF approvals, and supply shock, marking a significant milestone in its price discovery journey.

Andreessen Horowitz (a16z) advocates for clearer digital asset regulation, particularly opposing the ambiguous 'ancillary asset' definition in the CLARITY Act and supporting a 'digital commodity' framework for better investor protection and innovation.

Cango Bitcoin Mining reported mining 142.8 BTC in a week, increasing its total holdings to 4,529.8 BTC, signaling a strategic shift from automotive to digital assets and highlighting institutional interest in Bitcoin.

U.S. Spot ETH ETFs recorded unprecedented monthly net inflows of $5.43 billion in July, signaling strong investor confidence and significant growth in the Ethereum market.

Bitpanda, a Vienna-based crypto brokerage, is undergoing a significant leadership change with co-CEO Paul Klanschek stepping down to become an adviser, while Lukas Enzersdorfer-Konrad steps up as co-CEO, amid plans for a potential Frankfurt stock exchange listing valued at $4 billion.