Bitcoin

Bitcoin Capital, a subsidiary of Zug, Switzerland-based investment manager FiCAS, has listed actively managed exchange-traded products (ETPs) offering exposure to bitcoin and ether on the SIX Swiss Exchange. Through active management, the products are designed to counter the price volatility inherent in crypto assets, Bitcoin Capital said Thursday. The 1 FiCAS Active Bitcoin ETP and…

BitFuFu is abandoning its mining rigs in Kazakhstan and buying new ones from Bitmain and setting them up in the U.S., after weeks of power rationing in the Central Asian country, BitFuFu told CoinDesk on Thursday. Kazakhstan has been facing severe electricity shortages, partly due to the influx of crypto miners in the country, but…

Decentralized finance (DeFi) came into existence to democratize finance, much like the internet made content accessible to everyone. However, according to French digital assets data provider Kaiko, the adoption of decentralized exchanges (DEXs) that facilitate peer-to-peer transactions without an intermediary, remains restricted mainly to large traders or whales. “Average trade sizes have increased on all…

Blockchain games are taking the gaming industry by storm by introducing new rewards systems for players and participants. Introducing Aurory Project: the Solana and Serum-powered blockchain gaming platform that brings the Web2 gaming excitement to the decentralized space. Aurory is a fantasy RPG game that uses play-to-earn gaming mechanisms, enabling players to roam the vast…

A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the implementation of blockchain technology in the sanctioned nation’s economy. Industry Association to Address Blockchain-Related Challenges in Iran The newly-established Iran Blockchain and Cryptocurrency Association (IBCA)…

2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with the participation of other new investors. 2TM Gets…

BCH House Venezuela, an adoption organization, has published its first documentary on social media, where it shows the way in which Venezuelans are using cryptocurrency as a means of exchange. Roberto García, the founder of this initiative, shows us the level of adoption the BCH House initiative has reached in Barquisimeto — a city in…

Crypto exchange-traded product (ETP) issuer 21Shares is listing Europe’s first product linked to the performance of polygon on the Euronext exchanges in Paris and Amsterdam. The listing follows the polygon ETP’s unveiling on the SIX Swiss Exchange last month. The ETP will track the Ethereum-scaling network Polygon’s native token. Polygon was developed as a means…

STX, the native token of the Stacks Network dedicated to unleashing bitcoin’s potential as a programmable base layer, is rallying despite lackluster action in the world’s largest cryptocurrency. Binance data tracked by TradingView shows STX has increased over 50% to $3.30 this week, with the price surging 25% in the past 24 hours. While the…

Digital asset manager CoinShares agreed to buy French crypto investment product provider Napoleon Crypto SAS for €13.9 million ($15.7 million). The transaction will be settled in cash and shares with the issuance of 363,636 new shares at €10.80 ($12.2) each, CoinShares announced Wednesday. The deal is expected to be completed in the second week of…