Crypto-based Investment Products Bring in $321M
Last week, crypto products had $321 million in inflows, with the exception of Ethereum (ETH) funds which saw negative net flows of $28.5 million.
Australia Will Require Crypto Companies to Obtain a Financial Services License
Regulators in Australia are reportedly working on legislation that would broaden the licensing requirements for cryptocurrency exchanges.
Circle Plans to Move its Headquarters to Wall Street in 2025
According to Circle’s CEO and founder Jeremy Allaire, the stablecoin issuer is progressing with its initial public offering (IPO) debut and intends to relocate its headquarters to Wall Street in 2025.
Kamala Harris to Support Crypto Sector
Kamala Harris has publicly addressed her US presidential campaign for the first time, highlighting her plans to promote innovation in artificial intelligence (AI) and digital assets.
Hong Kong Could Approve Staking for Spot Ethereum ETFs
According to Andrew Vranjes, Head of International and VP at Blockdaemon, regulators in Hong Kong are expected to approve the inclusion of staking features in spot Ethereum exchange-traded funds (ETFs) this year.
Crypto Exchange BingX Targeted by Hacker
Crypto exchange BingX, which is based in Singapore, has confirmed a security breach after noticing multiple withdrawals from one of its online hot wallets that seemed suspicious.
Court Approves Terraform Labs Operations Wind-down
A US court has granted Terraform Labs permission to cease its operations as it shifts its focus to working with the bankruptcy trustee to distribute assets and settle claims from investors.
