Digital Asset
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Blocknox Secures BaFin Approval as Cryptocurrency Custodian
It is reported that Blocknox, the digital unit of the Stuttgart Exchange, has obtained the final approval of BaFin, the German financial regulator, as the custodian of cryptocurren
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The Digital Asset Market Regulation Bill of South Korea is Expected to Pass Soon: A Brief Overview
On March 29, a member of the first branch of the South Korean parliament, Senator Kim Hee kun, stated in response to the \”Digital Assets\” law that on March 28, the first branch of
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It is reported that this weekend, Micro Connect Financial Assets Exchange (MCEX) was launched in Macao, a blockchain driven exchange founded by Li Xiaojia, former CEO of the Hong K
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The CoinShares Weekly Report Shows a Significant Turnaround in Digital Asset Investments
According to the CoinShares Weekly Report, last week\’s net inflow of digital asset investment products was $160 million, the largest inflow since July 2022. After six consecutive w
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Vice President of Arca Portfolio Management of Crypto Hedge Fund resigned
According to reports, according to people familiar with the matter, Hassan Bassiri, vice president of portfolio management of Arca, has confirmed to leave the company. The time and reason for Bassiri’s resignation were not disclosed. However, it can be confirmed that the Arca Digital Yield Fund, jointly managed by Bassiri and Arca Chief Investment Officer Jeff Dorman, has been closed for several months due to the collapse of Terra. (CoinDesk) Interpretation of this information: The news that Hassan Bassiri, the Vice President of Portfolio Management at Arca, has left the…
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CoinShares: US regulatory policy led to the outflow of US $32 million of digital assets
On February 21, the report of CoinShares, an institutional encryption fund management company, showed that the total outflow of funds from digital asset investment products last week was $32 million, which was the largest outflow of funds this year. James Butterfill, an analyst at CoinShares, added that the outflow of funds in the middle of last week reached $62 million, most of which (78%) came from Bitcoin. However, with the improvement of market sentiment, the speed of capital outflow slowed down. Interpretation of this information: The recent report by CoinShares…
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Hilbert Group, a digital asset quantification algorithm trading and investment company, reached an agreement on SEK 22.2 million loan financing
It is reported that Hilbert Group, a digital asset quantification algorithm trading and investment company, has reached an agreement on the loan financing of SEK 22.2 million, and Red Acre Ventures, a family office of cryptocurrency and financial technology headquartered in Malta, will participate in the investment. The investment company will also issue SEK 5.7 million worth of shares, so it can raise a total of SEK 33.4 million (about USD 3.22 million). Interpretation of this information: Hilbert Group has secured a loan financing agreement worth SEK 22.2 million and…