Spot Bitcoin ETFs See $44M Outflows
On Wednesday, the U.S. saw a significant decrease in net inflows for Bitcoin exchange-traded funds (ETFs), with a total of $43.97 million in outflows. This broke a two-day streak of positive inflows.
CleanSpark Buys 7 Bitcoin Mining Sites
CleanSpark announced on Wednesday that they will purchase seven bitcoin mining facilities and accompanying land in Knoxville, Tennessee for a total price of $27.5 million, which equates to roughly $324,000 per megawatt.
British Government Introduces Bill to Recognize Crypto as Personal Property
A government announcement revealed that the British Parliament has received a proposal to recognize digital assets as personal property within the laws of England.
Indonesian Exchange Indodax Targeted by Hackers
Indonesian cryptocurrency exchange Indodax lost $22 million in various cryptocurrencies and has temporarily disabled its mobile and web applications to conduct a thorough investigation into the breach.
State Street and Galaxy Digital Launch New Cryptocurrency ETFs
State Street Global Advisors and Galaxy Digital have teamed up to launch three exchange-traded funds (ETFs) that offer investment opportunities in companies related to blockchain technology and cryptocurrencies.
Paypal and Venmo Partner with Ethereum Name Service
ENS Labs announced on Tuesday that Paypal and Venmo have now integrated the Ethereum Name Service (ENS) into their payments systems.
SEC Imposes Enforcement Actions Amounting to $4.47 Billion
The United States Securities and Exchange Commission has imposed in 2024 enforcement actions totaling almost $4.7 billion against cryptocurrency companies and their executives.
