Is China using US Bitcoin ETFs as a backdoor? Mystery Hong Kong firm invested $436M in BlackRock’s IBIT

An obscure Hong Kong firm has disclosed a $436 million position in BlackRock’s Bitcoin ETF, a revelation that is fueling speculation about Chinese capital flowing into crypto through offshore side…

Continue ReadingIs China using US Bitcoin ETFs as a backdoor? Mystery Hong Kong firm invested $436M in BlackRock’s IBIT

Saudi-backed Humain reveals $3 billion xai investment as it becomes a significant minority shareholder

A Saudi-backed AI firm has confirmed a major xai investment that reshapes competitive dynamics around Elon Musk and his growing artificial intelligence empire. Humain commits $3 billion to Musk’s AI…

Continue ReadingSaudi-backed Humain reveals $3 billion xai investment as it becomes a significant minority shareholder

Charles Hoskinson outlines bold web3 vision for the cardano blockchain and mainstream apps

The founder of Cardano has sketched an expansive web3 vision where the cardano blockchain underpins everything from dating platforms to video streaming and social media. Charles Hoskinson’s long-term blockchain vision…

Continue ReadingCharles Hoskinson outlines bold web3 vision for the cardano blockchain and mainstream apps

Wall Street is selling crypto income inside TradFi products and one hidden switch decides who gets in

Bitwise's February announcement arrived as two moves packaged as one. The crypto asset manager announced a partnership with Morpho to launch curated yield vaults and simultaneously acquired Chorus One's institutional…

Continue ReadingWall Street is selling crypto income inside TradFi products and one hidden switch decides who gets in