Institutional Bitcoin Trading Volumes See Fourth Month of Growth, Diar Reports

Trading of institutional Bitcoin investment products are rising against U.S.-based crypto exchanges as a percentage of total trading volume. Trading of institutional Bitcoin (BTC) investment products have seen growth for the fourth month running, and are rising against United States-based crypto exchanges as a percentage of total trading volume. The news was revealed in a […]

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China’s State Macroeconomic Planning Agency Mulls Ban on Crypto Mining

China’s National Development and Reform Commission has revealed it is considering the elimination of crypto mining in the country. China’s National Development and Reform Commission (NDRC), a state planning agency charged with spearheading macroeconomic policies, has revealed it is considering the elimination of crypto mining in the country. The news was reported by Reuters on […]

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Canadian Crypto Exchange QuadrigaCX Officially Declared Bankrupt

Canada’s major cryptocurrency exchange QuadrigaCX has been officially declared bankrupt. Canada’s major cryptocurrency exchange QuadrigaCX has been officially declared bankrupt, local media outlet CBC reported on April 8. Quadriga’s bankruptcy was reportedly approved today by Nova Scotia Supreme Court Justice Michael Wood, and follows the court monitor Ernst & Young’s (EY) recommendation that it should […]

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US Startup Raises $3.5 from Pantera, Others to Launch Decentralized Exchange on LN

Crypto startup Sparkswap completed a $3.5 million seed round to launch a fast and secure decentralized exchange. The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8. According to Sparkswap’s founder […]

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Private Bank Kleinwort Hambros Launches Blockchain Exchange-Traded Note

Private bank Kleinwort Hambros has launched an exchange-traded note made up of blockchain companies. Private bank Kleinwort Hambros launched an exchange-traded note (ETN) made up of blockchain-related companies, financial news outlet Finextra reported on April 8. Kleinwort Hambros is owned by Societe Generale, acting as their private wealth management division in the United Kingdom. Societe […]

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