Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, …
Attract
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Mining
Uzbekistan launches tax-free crypto mining hub to attract foreign investment
by shayaanby shayaanUzbekistan is launching a special area in Karakalpakstan called “Besqala Mining Valley” where crypto mining is officially regulated and allowed under government …
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Regulation
Gibraltar Licenses First Prediction Market Operator in Bid to Attract Sector Growth
by shayaanby shayaanGibraltar has issued its first license to a prediction market operator, as higher UK gambling taxes begin to put pressure on the …
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Gold has fallen into bear-market territory after giving up its gains for the year, even as US spot Bitcoin exchange-traded funds (ETFs) …
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DeFi
DigiFT CEO says DeFi must become ‘institutional grade’ to attract big money
by shayaanby shayaanDecentralized finance has long promised open financial markets that anyone can access without intermediaries. Despite the rapid growth of crypto infrastructure, large …
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Markets
Solana ETFs Attract $31M While Crypto Funds Lose $173M, Is SOL Gearing for a Possible Rally
by shayaanby shayaanWhile digital asset funds recorded significant capital outflows for a fourth consecutive week, Solana (SOL) has become one of the few assets …
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Markets
Pudgy Penguins’ Layer 2 Network, Abstract, Struggles to Attract Liquidity
by shayaanby shayaanAbstract, the layer-2 network rolled out this week by Pudgy Penguins, is off to a muted start despite offering a series of …
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Markets
EasyA Wants to Attract More Than Just ‘Bounty Hunters’ to Its Hackathons
by shayaanby shayaanMany participants in industry hackathons are just looking to make some quick prize money and move on to the next contest — …
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Markets
Ethereum’s Bold Move to Attract Institutional Investors Amidst Criticism
by shayaanby shayaanAt a time when the Ethereum Foundation is facing strong criticism for its alleged failure to support its network developers, a new …
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Venture capital (VC) funds invested nearly $800 million in crypto startups in November, according to DefiLlama data. Despite recording the fourth-best month …