‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local..
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Institutional investors shorting Bitcoin made up 80% of weekly inflows
Institutional investors loaded up on a record $51.4 million worth of investment products offering exposure to shorting the price of Bitcoin (BTC)..
Read MoreExperts weigh in on European Union’s MiCa crypto regulation
European Union officials recently agreed on a landmark law called the Markets in Crypto-Assets (MiCa) framework that places guidance for crypto asset ..
Read MoreCrypto funds under management drop to a low not seen since July 2021
Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under..
Read MoreRussian central bank needs to ease up digital asset projects, governor says
Elvira Nabiullina, governor of the Bank of Russia, has admitted that Russia’s central bank might have taken a bit too tough a stance on digital..
Read MoreCore Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
U.S. Bitcoin mining firm Core Scientific has posted bullish 2021 fiscal year results compared to the year prior, with its revenue increasing by 803%..
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