Morgan Stanley reveals $187 million position in BlackRock's spot Bitcoin ETF, nearly sells out of GB
Morgan Stanley, the multinational investment bank and financial services company, reported Wednesday its form 13F filing with the U.S. Securities and Exchange Commission and showed a significant position in BlackRock's spot Bitcoin exchange-traded fund. As of June 30, Morgan Stanley disclosed it owned more than 5.5 million shares, or $187.79 million worth of the iShares Bitcoin Trust (ticker: IBIT). That would make the investment bank a top-five shareholder of the ETF. The bank also disclosed it owned 26,222 shares of the ARK 21Shares Bitcoin ETF (ticker: ARKB) worth about $1.57 million, down slightly from the $2.3 million allocation it showed at the end of the first quarter. Of note, Morgan Stanley's latest filing showed a position totaling around $148,000 in the Grayscale Bitcoin Trust (ticker: GBTC) — a near-total sell off from the $269.9 million position it showed in the previous quarter.
Jambo: Over 500,000 JamboPhones sold, over 2 million wallets created
Web3 mobile infrastructure provider Jambo announced significant progress in the global market, selling over 500,000 JamboPhones and creating over 2 million wallets, with business coverage in over 120 countries.Previous news, the Aptos Foundation partnered with Jambo to launch the JamboPhone smartphone, priced at $99, aimed at opening up the digital economy for users in Africa, Southeast Asia, and Latin America, promoting Web3 access in emerging markets. #opbnb
Wang Yang and others jointly published an article: Hong Kong stablecoins should focus on the RWA eco
Wang Yang, Vice President of the Hong Kong University of Science and Technology and Chief Scientific Advisor of the Hong Kong Web3.0 Association, Bo Liang, Founder and CEO of Zero One Think Tank, and Jiang Zhaosheng, Senior Researcher at Europe Chain Research Institute, jointly published an article titled "Insight into Web3.0 / Issuing Hong Kong Dollar Stablecoins to Build a New Web3.0 Ecology", which has sparked a lot of discussion. In the article, Wang Yang and others proposed that the biggest problem facing Hong Kong's stablecoin at this stage is not who will issue it, but who will use it. Finding suitable scenarios and business models is the key to the continued development of Hong Kong's stablecoin. However, the demand for virtual asset transactions does not make much sense for the reissue of US dollar stablecoins in Hong Kong. Relevant institutions should delve into the Web3 ecosystem, try more innovation from the asset side, and make RWA the main focus and force of stablecoin in the current stage. At the same time, we should be alert to the problem of fragmentation, avoid further dispersion of already scarce liquidity, and even trigger vicious competition between different stablecoins. Within the current regulatory framework, Hong Kong should concentrate its advantages in finance and resources, promote the development of the leading stablecoin, and then drive the stablecoin to flourish in an open environment, explore vertical advantages in the increasingly prosperous RWA ecosystem, and compete freely. #zachxbt
FILLiquid Attracts Over $1 Million in FIL Deposits for Filecoin Borrowing and Leasing Platform
FILLiquid, a platform for borrowing and leasing Filecoin, has attracted over $1 million in FIL deposits just 21 days after its mainnet launch. The platform offers unique earning opportunities for FIL holders and allows storage providers to use their miner nodes as collateral for FIL loans. FILLiquid has undergone two security audits and offers a Bug Bounty program to ensure its security. The platform plans to release its FIG Staking product and establish more partnerships in the Filecoin ecosystem. FILLiquid stands out from other leasing platforms by allowing storage providers to secure FIL loans using their Beneficiary Address as collateral without depositing crypto or fiat. #crypto2023A
Crypto.com Becomes Official Sponsor of UEFA Champions League
Crypto.com has become the official sponsor of the UEFA Champions League, a top European soccer competition, after previously canceling a similar deal. The financial details and length of the contract have not been disclosed. Crypto.com has been active in securing sports sponsorship deals, with a reported $495 million deal for the Champions League in 2022 falling through. #ETH
Hong Kong Monetary Authority and Hong Kong Cyberport have launched a generative artificial intelligence sandbox. HKMA Chief Executive Eddie Yue said that the new GenA.I. sandbox is a breakthrough initiative aimed at promoting responsible innovation and development of GenA.I. in the banking industry. The sandbox will assist banks in testing various innovative use cases of GenA.I. within a risk-controlled framework and provide the necessary technical support and targeted regulatory advice. We encourage banks to make full use of the sandbox to unleash the potential of GenA.I. in enhancing risk management, anti-fraud, and customer experience. #BNB
BlackRock's spot Ethereum ETH ETHA holdings exceed 300,000 ETH
BlackRock has officially updated the data of its Ethereum ETF iShares Ethereum Trust ETF (ETHA), which shows that as of August 13th, the market value of the ETF has reached approximately $843,308,047.7, with a holding of over 300,000 ETH, reaching 312,120.1419 ETH, and the current number of circulating shares is 38,800,000. #SEC
Ethereum EOF proposal included in Pectra hard fork
According to CoinDesk, the Ethereum EVM Object Format (EOF) improvement proposal has been included in the Pectra hard fork and is expected to be implemented later this year or early next year. The EOF proposal is a series of minor changes aimed at major upgrades to the Ethereum Virtual Machine (EVM), the core programming environment for Ethereum. EOF will make smart contracts more developer-friendly, especially for those building decentralized applications using Solidity or Vyper programming languages. These changes are subtle and could potentially break existing smart contracts, so developers have added new versions that allow DApp builders to choose which version of the EVM to use when deploying code. Parithosh Jayanthi, a core developer at the Ethereum Foundation, said that EOF will be the first major change related to EVM in years, laying the foundation for future upgrades to EVM and demonstrating the intention to continue improving EVM. #BNB
A trader made about $292,400 by closing his MKR short position
According to Lookonchain monitoring, a smart trader earned about $292,400 by closing his $MKR short position. The trader borrowed 500 $MKR from Aave on July 19 and sold it for $1.37 million USDC. Just 16 hours ago, he repurchased the $MKR needed to pay off the debt for only $1.07 million USDC at a lower price. #pepe
Analyst: CPI data will not cause the Fed to cut interest rates by 50 basis points
Analysts said that although the monthly changes in overall CPI and core CPI were in line with expectations, the actual index levels of both were slightly lower than expected, which helped push the annual rate reading of overall CPI down from the expected 3.0% to 2.9%. This is the lowest level since March 2021. Housing inflation rose slightly again, up 0.4% this month compared to 0.2% in June. Overall super-core service inflation (excluding housing) rose 0.21% this month, which is quite mild but higher than the slight declines in May and June. Overall, these data are consistent with the deceleration in inflation levels in recent years, but indicate that price growth has not suddenly stopped. There doesn't seem to be anything here that would cause next month's rate cut to reach 50 basis points. This may be the reason for the short-term bond yield increase. #crypto2023A
Cryptocurrency wallet Exodus posts $9.6 million net loss
Cryptocurrency wallet Exodus announced strong financial results for Q2 2024, with revenue increasing by 80% year-on-year to $22.3 million. Despite achieving significant year-on-year growth, Exodus also suffered a significant loss in Q2 2024, with a net loss of $9.6 million, compared to a loss of $1.9 million in Q2 2023. #zachxbt
Harris is currently leading Trump in 5 out of 7 swing states in the United States. In May before Biden dropped out of the race, Trump was leading in 6 states and tied in one. The report shows that Harris is leading Trump by 2 percentage points in overall support in these seven states. Additionally, she is leading by 2 percentage points in North Carolina and Michigan, by 4 percentage points in Arizona, and by 5 percentage points in Pennsylvania and Wisconsin. Trump is leading by 5 percentage points in Nevada, and they are tied in Georgia. #BNB
A whale sold 420 billion PEPE 30 minutes ago, worth about 3.13 million US dollars
According to Lookonchain monitoring, a whale sold 420 billion PEPE coins worth about $3.13 million 30 minutes ago. The whale had purchased 420 billion PEPE coins with 3.13 million USDT on August 5th and 12th, and only made a profit of $30,000 in this sale. #opbnb
TON partners with Pyth Network to provide real-time DeFi data
Decentralized blockchain platform Open Network TON and the decentralized data oracle Pyth Network have partnered to provide institutional-grade real-time price data for TON developers. Through this partnership, Pyth's oracle data will be integrated into TON, enabling developers to create unique decentralized applications. At the same time, Pyth's technology provides multi-layer protected real-time price data, supporting DeFi projects within the TON ecosystem, and will also help TON attract more users to the on-chain space through Pyth's low-latency data capabilities. #Binance
Sushi announced its support for the Cronos network, aggregating liquidity from the DEX VVS Finance on Cronos through Sushi's aggregator Route Processor. Users can now directly exchange tokens on Cronos through Sushi UI. #Binance
Smart Account Development Company Rhinestone Completes $5 Million Seed Round of Financing, Led by 1k
Rhinestone, a modular intelligent account infrastructure development company, announced the completion of a $5 million seed round of financing, with 1kx leading the investment, and participation from CoinFund, Lattice, Heartcore, Circle Ventures, Alchemy Ventures, zkSync, Cyber, and a group of angel investors. Rhinestone has built infrastructure for intelligent accounts, and as of now, the total amount of financing for the company has reached $5.42 million. #ETH
US CPI rose 2.9% year-on-year in July, estimated to rise 3%, and the previous value rose 3%; the US CPI rose 0.2% month-on-month in July, estimated to rise 0.2%, and the previous value fell 0.1%. #zachxbt
Sahara AI Raises $43 Million for Decentralized Service Combining Blockchain and AI
Sahara AI has raised $43 million in a funding round led by Pantera Capital, Binance Labs and Polychain Capital, with participation from Samsung, Matrix Partners and Foresight Ventures. The blockchain platform aims to address concerns around copyright, privacy and resource access in the proliferation of AI tools. Sahara AI is developing a decentralised service to promote sovereignty and provenance in artificial intelligence. The combination of blockchain and AI has been an emerging trend in the crypto industry over the past few years. #feedfeverchallenge
Crypto Market Surges, Bitcoin and Ethereum Up Over 3% as Altcoins Follow Suit
On Wednesday, the crypto market experienced a surge in prices, with Bitcoin and Ethereum both gaining over 3%. Altcoins, including Cardano, Solana, Dogecoin, Shiba Inu, BNB, and XRP, also saw increases. However, traders are cautious due to uncertainty surrounding the upcoming inflation report and the Fed's next meeting, as well as the risk of the unwinding of the yen carry trade. A report by Reuters suggests that the yen carry trade could impact over $4 trillion in assets. Despite growing appeal, experts believe that crypto remains one of the first risk assets that traders offload when things go wrong, and it is still too early to expect institutional investors to allocate capital to Bitcoin for the same reasons as gold. #Binance
Découvrez les dernières actus sur les cryptos
⚡️ Prenez part aux dernières discussions sur les cryptos
💬 Interagissez avec vos créateur(trice)s préféré(e)s