ETFS Capital has called for changes in WisdomTree’s leadership, urging shareholders to vote against the re-election of certain directors. In a statement shared with Cryptonews.com, ETFS Capital expressed concerns about WisdomTree’s current board and management, suggesting that significant changes are needed to increase shareholder value. ETFS Advocates Voting Against WisdomTree Board The statement opposed the...
Austrian crypto exchange Bitpanda is expanding its operations to the Middle East and opening a regional office in the United Arab Emirates (UAE). The firm has tapped former 1inch Network’s business development and head of growth Walid Benothman to lead its operations in the region. In an announcement, Bitpanda said it will open its first...
Following a four-month period of consistent outflows, Grayscale’s spot Bitcoin exchange-traded fund (ETF) has finally witnessed a positive shift. Over the past two days, the Grayscale Bitcoin Trust (GBTC) has attracted inflows totaling $66.9 million. This change in tide comes after a major period of decline, during which GBTC saw an average daily outflow of...
Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE under the ticker EXOD. Trading for the stock will commence on the platform on May 9, the company announced on Monday. “Trading on the NYSE American will allow Exodus to create greater long-term value for our stockholders by increasing our...
Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products. According to a May 7 13F-HR filing submitted to the Securities and Exchange Commission (SEC), Susquehanna International Group, LLP (SIG) holds $1.8 billion worth of shares in such products. Massive Asset Manager Buys Bitcoin ETFs...
The Hacker who exploited Kronos Research for $25 million in November 2023 has moved $4 Million of Ethereum through Tornado Cash, attempting to launder the funds. The quantitative trading firm Kronos Research was exploited In November 2023 after hackers accessed its compromised API keys. The firm first denied any loss of funds during its early...
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have secured $230 million in assets under management (AUM) in their inaugural week. According to data released by the Hong Kong Stock Exchange, the $273 million AUM of virtual asset spot ETFs, including both Bitcoin and Ethereum, exceeded the $152 million AUM of virtual asset futures ETFs by...
Now detained Binance executive Tigran Gambaryan and representatives of the crypto exchange were allegedly pressured by a government official to accept a secret agreement to settle Nigeria’s claims against the exchange, Binance CEO Richard Teng revealed in a blog post on Tuesday. According to Teng, Gambaryan and several Binance employees attended a meeting with members...
The largest Bitcoin miners have published their monthly performance figures for the first time since the Bitcoin network’s fourth halving event last month. The TLDR is that the impact of the halving on the mining industry has been small thus far but still noticeable. Here’s everything you need to know. Bitcoin Miners Still Performing Post-Halving...
Bancolombia Group, Colombia’s largest bank, launched the cryptocurrency exchange Wenia on May 3, marking a major step in the country’s crypto evolution. According to the announcement, the development follows nearly a decade of research and signifies the bank’s dedication to Colombia’s crypto market. Colombia’s Wenia and COPW Wenia, alongside the newly introduced Colombian peso stablecoin...