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Why Cybersecurity Is an Important Consideration for Crypto Hedge Fund Launches

Why Cybersecurity Is an Important Consideration for Crypto Hedge Fund Launches

The looming threat of an exploit remains a hurdle as traditional asset managers spin up crypto funds.

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NYDIG acquires British bitcoin startup Bottlepay in $300 million stock purchase

NYDIG, the New York-based crypto firm, is set to acquire British payments startup Bottlepay.

The post NYDIG acquires British bitcoin startup Bottlepay in $300 million stock purchase appeared first on The Block.

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Crafting Tokens Both Wall Street and Washington Can Love

Security tokens are on the rise. According to STOMarket.com, well over 100 tokens compete for attention from U.S. investors, with a combined market cap exceeding $1.1 billion. Such widely held names as Apple, Tesla and Google offer tokenized versions of their stock. But still, that could be an order-of-magnitude undercount.

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Crypto fork uses dog meme to raise $60 million — then the money goes missing

A newly launched crypto project called AnubisDAO raised $60 million in a token sale. But the funds raised have all been suddenly withdrawn.

The post Crypto fork uses dog meme to raise $60 million — then the money goes missing appeared first on The Block.

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[SPONSORED] Huobi Tech Discusses Virtual Asset Investments at Private Wealth Asia Forum in Hong Kong

Huobi Technology Holdings Limited, a leading virtual asset services platform, participated in the 2nd Annual Private Wealth Asia Forum in Hong Kong.

The post Huobi Tech Discusses Virtual Asset Investments at Private Wealth Asia Forum in Hong Kong appeared first on The Block.

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Australia’s Securities Regulator Issues Criteria for Crypto-Asset ETPs

Australia’s securities regulator has determined that bitcoin and ether are likely to satisfy its critera as appropriate underlying assets for exchange-traded products (ETPs).

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How a cunning trick made it look like a CryptoPunk sold for $532 million

Yesterday, a CryptoPunk sold for half a billion dollars. But the sale certainly wasn’t legitimate.

The post How a cunning trick made it look like a CryptoPunk sold for $532 million appeared first on The Block.

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Play-to-Earn SQUID Token Rockets 35,000% in Three Days

The game is inspired by Netflix’s blockbuster, Squid Game.

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The amount of ETH burned daily sets new records two days running

The amount of ether burned on a daily basis has set new records for two days in a row with over 30,000 ETH burned since Wednesday.

The post The amount of ETH burned daily sets new records two days running appeared first on The Block.

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Richard Li, Winklevoss-Backed CMCC Global Targets $300M for Latest Crypto Fund

Venture capital firm CMCC Global is targeting $300 million worth of investments for its latest crypto fund with the backing of investors, such as billionaire Richard Li and Gemini co-founders, the Winklevoss twins.

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