Ether

CryptoHeap Explores 'Re-Staking' to Maximize Returns as Cryptocurrency Markets Surge

Retrieved on: 
Freitag, Mai 31, 2024

Salvage Warwick, spokesperson for CryptoHeap, shared insights into the evolving market dynamics and the company's response.

Key Points: 
  • Salvage Warwick, spokesperson for CryptoHeap, shared insights into the evolving market dynamics and the company's response.
  • "The concept of 're-staking' is gaining traction as traders seek more sophisticated ways to maximize their returns," Warwick noted.
  • Re-staking allows cryptocurrency holders to commit their staked assets for additional periods, compounding their potential returns.
  • "The future of cryptocurrency is bright, and with innovations like re-staking, we are just scratching the surface of what's possible," Warwick concluded.

Metasphere Labs Shares Industry Developments Signaling Major Advancements in Tokenized Real World Assets

Retrieved on: 
Mittwoch, Mai 22, 2024

In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has asked major exchanges, including Nasdaq, CBOE, and NYSE, to refine their applications for listing spot ether exchange-traded funds (ETFs).

Key Points: 
  • In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has asked major exchanges, including Nasdaq, CBOE, and NYSE, to refine their applications for listing spot ether exchange-traded funds (ETFs).
  • This development could be a major shift, considering the SEC's previous cautious stance, and is expected to have a profound impact on the market.
  • In another landmark development, BlackRock's BUIDL fund became the largest tokenized treasury fund, reaching $375 million and capturing almost 30% of the $1.3 billion tokenized treasury market 3 .
  • This rapid growth, achieved in just six weeks has captivated digital asset firms and traditional finance in tokenized Real World Assets (RWAs).

Tiger Brokers (HK) officially launches virtual asset trading services, leading the way in Hong Kong's online brokerage industry

Retrieved on: 
Montag, Mai 6, 2024

HONG KONG, May 6, 2024 /PRNewswire/ -- Tiger Brokers (HK) ("Tiger Brokers (HK)" or "Tiger Brokers") announced the launch of its virtual asset trading services, becoming one of the first online fintech brokers in Hong Kong to offer a single platform that allows trading and managing both traditional securities and virtual assets. Professional investors in Hong Kong can now use Tiger Trade, Tiger Brokers' flagship investment app, to trade 18 virtual assets including Bitcoin (BTC) and Ethereum (ETH), alongside stocks, options, futures, US Treasury bonds, funds, and other global assets, all at an affordable cost. This eliminates the need for multiple accounts across different brokers and platforms, making global asset allocation simpler and more convenient.

Key Points: 
  • HONG KONG, May 6, 2024 /PRNewswire/ -- Tiger Brokers (HK) ("Tiger Brokers (HK)" or "Tiger Brokers") announced the launch of its virtual asset trading services, becoming one of the first online fintech brokers in Hong Kong to offer a single platform that allows trading and managing both traditional securities and virtual assets.
  • John Fei Zeng, Chief Financial Officer and Director of Tiger Brokers stated: "We are honored to be among the first fintech brokerage firms in Hong Kong to introduce virtual asset trading, leading the way in meeting investors' evolving needs.
  • Tiger Brokers continues to offer competitive trading rates, with virtual asset trading fees at only 0.2% of the transaction value, and custody fees waived.
  • Beyond virtual asset spot trading, Tiger Brokers also offers trading of U.S.-listed bitcoin spot ETFs and Hong Kong-listed spot bitcoin and ether ETFs to Hong Kong investors.

Tiger Brokers (HK) officially launches virtual asset trading services, leading the way in Hong Kong's online brokerage industry

Retrieved on: 
Montag, Mai 6, 2024

HONG KONG, May 6, 2024 /PRNewswire/ -- Tiger Brokers (HK) ("Tiger Brokers (HK)" or "Tiger Brokers") announced the launch of its virtual asset trading services, becoming one of the first online fintech brokers in Hong Kong to offer a single platform that allows trading and managing both traditional securities and virtual assets. Professional investors in Hong Kong can now use Tiger Trade, Tiger Brokers' flagship investment app, to trade 18 virtual assets including Bitcoin (BTC) and Ethereum (ETH), alongside stocks, options, futures, US Treasury bonds, funds, and other global assets, all at an affordable cost. This eliminates the need for multiple accounts across different brokers and platforms, making global asset allocation simpler and more convenient.

Key Points: 
  • HONG KONG, May 6, 2024 /PRNewswire/ -- Tiger Brokers (HK) ("Tiger Brokers (HK)" or "Tiger Brokers") announced the launch of its virtual asset trading services, becoming one of the first online fintech brokers in Hong Kong to offer a single platform that allows trading and managing both traditional securities and virtual assets.
  • John Fei Zeng, Chief Financial Officer and Director of Tiger Brokers stated: "We are honored to be among the first fintech brokerage firms in Hong Kong to introduce virtual asset trading, leading the way in meeting investors' evolving needs.
  • Tiger Brokers continues to offer competitive trading rates, with virtual asset trading fees at only 0.2% of the transaction value, and custody fees waived.
  • Beyond virtual asset spot trading, Tiger Brokers also offers trading of U.S.-listed bitcoin spot ETFs and Hong Kong-listed spot bitcoin and ether ETFs to Hong Kong investors.

OSL First To Be Granted AMLO Licence

Retrieved on: 
Montag, April 22, 2024

Hong Kong , April 22, 2024 (GLOBE NEWSWIRE) -- OSL Digital Securities (“OSL”), the digital asset platform of OSL Group (863.HK) – Hong Kong’s only publicly listed company fully dedicated to digital assets – is the first to be granted a licence under the Anti-Money Laundering and Counter-Terrorist Financing (“AMLO”) by Securities and Futures Commission Hong Kong (“SFC”).

Key Points: 
  • Hong Kong , April 22, 2024 (GLOBE NEWSWIRE) -- OSL Digital Securities (“OSL”), the digital asset platform of OSL Group (863.HK) – Hong Kong’s only publicly listed company fully dedicated to digital assets – is the first to be granted a licence under the Anti-Money Laundering and Counter-Terrorist Financing (“AMLO”) by Securities and Futures Commission Hong Kong (“SFC”).
  • This vital achievement emphasises OSL's ongoing efforts to embrace regulation, enhancing the security and credibility of the digital asset space.
  • As the first digital asset platform licensed in Hong Kong, and now embarking on its fourth year of compliance and operational excellence, OSL has consistently upheld the highest regulatory and compliance standards in Hong Kong.
  • This AMLO licence marks a key milestone in OSL’s mission to lead and innovate within the regulated digital assets market.

StakingFarm Aiming to Enhance Offerings Following Hong Kong’s Approval of Bitcoin, Ether Spot ETFs

Retrieved on: 
Dienstag, April 16, 2024

"This is a momentous time for the crypto industry, and at StakingFarm, we are poised to integrate these advancements into our service offerings."

Key Points: 
  • "This is a momentous time for the crypto industry, and at StakingFarm, we are poised to integrate these advancements into our service offerings."
  • Recognizing the potential complexities that Bitcoin and Ether spot ETFs might introduce to the market, StakingFarm is also ramping up its educational efforts.
  • To fully capitalize on the opportunities presented by the approval of Bitcoin and Ether spot ETFs, StakingFarm is exploring strategic partnerships with financial institutions and regulatory bodies.
  • Investors interested in taking advantage of the new opportunities created by the approval of Bitcoin and Ether spot ETFs are invited to join StakingFarm.

Interactive Brokers Introduces Hong Kong Spot Bitcoin and Ether ETPs

Retrieved on: 
Dienstag, April 30, 2024

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the launch of Hong Kong Spot Bitcoin and Ether Exchange Traded Products (ETPs) available to trade on the Hong Kong Stock Exchange.

Key Points: 
  • Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the launch of Hong Kong Spot Bitcoin and Ether Exchange Traded Products (ETPs) available to trade on the Hong Kong Stock Exchange.
  • Eligible clients of Interactive Brokers Hong Kong can now trade the new Spot Bitcoin and Ether ETPs alongside stocks, options, futures, currencies, bonds, funds and more from a single unified platform.
  • Clients can purchase Spot Bitcoin and Ether ETPs through their IBKR brokerage accounts and easily add cryptocurrency exposure to their portfolios without owning digital assets directly.
  • David Friedland, Head of APAC for Interactive Brokers, commented, “We are pleased to expand our product line-up with the new Spot Bitcoin and Ether ETPs.

Consensys sues the SEC in defense of the Ethereum ecosystem

Retrieved on: 
Donnerstag, April 25, 2024

"The case we have filed today is intended to preserve access for the thousands of developers, market participants, and institutions who have a stake in the world's second largest blockchain," said Joe Lubin, Co-founder of Ethereum and Founder/CEO of Consensys. "The SEC cannot be allowed to arbitrarily expand its jurisdiction to regulate what is plainly and by the SEC's own prior admission a commodity. We are hopeful that the case brings attention to – and ultimately halts -- the SEC's reckless approach and restores the kind of regulatory certainty and sanity that is so essential to web3 technologies and a well-functioning innovation economy."

Key Points: 
  • The complaint highlights how the SEC is attempting to unlawfully regulate ether through ad hoc enforcement actions against Consensys and possibly others -- the latest examples of aggressive and unlawful SEC overreach.
  • "The SEC cannot be allowed to arbitrarily expand its jurisdiction to regulate what is plainly and by the SEC's own prior admission a commodity.
  • One of Consensys' products, the MetaMask wallet, gives users everything they need to explore web3; from managing their identity, sending and receiving cryptocurrency, to connecting to decentralized applications built on Ethereum.
  • Consensys further seeks an order enjoining the SEC from continuing to investigate or bringing an enforcement action with respect to its sales of ether and as to MetaMask.

JDASC Reorganizes to Promote Digital Asset Securities Initiative

Retrieved on: 
Mittwoch, April 17, 2024

NEWPORT BEACH, Calif., April 17, 2024 /PRNewswire-PRWeb/ -- JDASC stated today after completing a 6-month comprehensive re-examination of the functionality, interoperability, and compatibility standards in the digital asset industry, it is no longer feasible to attempt unifying competing blockchain organizations. JDASC has reorganized from "Joint Digital Asset Standards Council" to "Joint Digital Asset Securities Council." The new primary focus of JDASC is to have crypto currencies, including Bitcoin and Ether classified as securities by the SEC.

Key Points: 
  • JDASC has reorganized to promote efforts for digital assets such crypto currencies, including Bitcoin and Ethereum to be classified by the SEC as investment securities.
  • JDASC has reorganized from "Joint Digital Asset Standards Council" to "Joint Digital Asset Securities Council."
  • The new primary focus of JDASC is to have crypto currencies, including Bitcoin and Ether classified as securities by the SEC.
  • "The new primary focus of JDASC is to have crypto currencies, including Bitcoin and Ether classified as securities by the SEC."

HYPER Corporation Affiliate Fingerlabs and Mantle Form Strategic Alliance, Pioneering Future IP Content Business with 'Begins Youth'

Retrieved on: 
Donnerstag, April 11, 2024

First Korean Firm to Secure Mantle EcoFund Investment: Xclusive Advances Next-Gen Content Initiatives

Key Points: 
  • First Korean Firm to Secure Mantle EcoFund Investment: Xclusive Advances Next-Gen Content Initiatives
    SEOUL, South Korea, April 10, 2024 /PRNewswire/ -- Fingerlabs, an affiliate of KOSDAQ-listed HYPER Corporation (065650, formerly Medifron) announced today a strategic alliance with Mantle Network, targeting next-generation IP content initiatives via Xclusive.
  • Fingerlabs sets a precedent as the first South Korean firm to receive investment from Mantle's EcoFund, aiming to enhance the global distribution of K-Culture content.
  • With this groundbreaking partnership, both organizations plan to join forces in the fan-based content distribution business.
  • A key component of this collaboration involves leveraging Xclusive, a platform developed by Fingerlabs, to innovate the content distribution landscape.