Hong Kong green lights first spot Bitcoin ETFs: Law Decoded

According to reports, the Hong Kong Securities and Futures Commission (SFC) has given its approval for the launch of three Bitcoin spot exchange-traded funds (ETFs). The following is a list with investments from Harvest Global Investments, China Asset Management, and a collaboration between HashKey and Bosera Asset Management included. After getting the green light, it … Read more

Crypto funds see $110M in Bitcoin outflows as BTC price drops and investors risk off

According to the most recent data from CoinShares, institutional crypto investment funds experienced slight reductions in assets over the last week. Based on the latest weekly report from CoinShares’ “Digital Asset Fund Flows,” which was released on April 15, institutional investors have decreased their holdings in digital assets. A total of $126 million was withdrawn … Read more

Halving 2024: Where is Bitcoin heading next?

The highly anticipated Bitcoin (BTC) halving, which reduces the production of new Bitcoins by half, is about to take place in the crypto community. This is an automatic process that occurs roughly every four years. As a result, miners will experience a significant decrease in revenue and fewer new Bitcoids will be released into circulation. … Read more

ERC404 Standard: What is it, and Why Does it Matter?

One clear feature of decentralized economies is the swift implementation of robust technologies, surpassing expectations for cryptocurrencies and blockchains. Because of the rapid expansion of these industries, technology is consistently faced with modern-day security and capacity issues. Notably, Ethereum – the second biggest blockchain platform and a significant player in the development of DeFi systems … Read more

Fiji central bank warns against crypto use, disappointing Bitcoin hopes

The Reserve Bank of Fiji (RBF) has advised the general public against utilizing cryptocurrencies for transactions or investments, contradicting previous assumptions about the Fijian prime minister’s stance on digital currencies. Fijian citizens could potentially be prosecuted for investing in cryptocurrencies outside of Fiji using funds originating from there, according to a recent statement. This cautionary … Read more

Meta announces VR education metaverse for ages 13 and up

Meta announces bringing its advanced Quest services for businesses to the educational community as of April 15. According to statistical data from Statista, the company’s Quest virtual reality (VR) headsets are currently “the most widely used extended reality (XR) headsets in the market” and it is projected that over 34 million such devices will be … Read more