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UK Fund Managers Urge Regulators to Approve Blockchain-Traded Funds

UK fund managers under the aegis of the Investment Association, the trade body representing Britain’s asset management industry, have called on the government and the City regulator to approve blockchain-traded funds. While the Investment Association controls as much as £10tn for clients worldwide, the entity believes that issuing tokens instead of traditional shares and fund … Continue reading UK Fund Managers Urge Regulators to Approve Blockchain-Traded Funds

South Korea Arrests 3 Suspects in $3.4 Billion worth Crypto-related Probe

South Korean prosecutors on Thursday arrested three people in a probe of $3.4 billion worth of foreign-exchange transactions for possible connections to illegal crypto-related crimes.  Per local media outlet, this was the first arrest in a major crypto-related investigation.  According to the Daegu District Prosecutors’ Office, the three people were alleged of crimes, including setting … Continue reading South Korea Arrests 3 Suspects in $3.4 Billion worth Crypto-related Probe

Crypto.com Plans Multi-million dollar Renovation of Staples Center

Singapore-based crypto exchange Crypto.com has tweeted that it will make a series of updates to its iconic arena, the Staples Center, including renovations of giant screens and concession stands, as well as a terrace overlooking downtown Los Angeles. According to the company, the Los Angeles-based venue, the Staples Center, will be renamed and planned for … Continue reading Crypto.com Plans Multi-million dollar Renovation of Staples Center

Flow Blockchain Proposes Full EVM Equivalence to Enhance Composability and Usability

Flow blockchain, under the aegis of Dieter Shirley, co-creator of CryptoKitties and Chief Architect of Flow, has floated a proposal to integrate Ethereum Virtual Machine (EVM) on its platform, aiming for full EVM equivalence. This move is designed to bridge the existing Ethereum dApp ecosystem with Flow’s unique capabilities, offering a seamless transition for developers … Continue reading Flow Blockchain Proposes Full EVM Equivalence to Enhance Composability and Usability

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