Main attraction lies in turning the funds into tradable tokens, write ByOlga Kharif and Vildana Hajric on Bloomberg. However, DAO hacks remain a common threat, while legal protection is limited. Index funds have long been pitched as a low-risk and inexpensive way to invest. Now they’re coming to the rollicking world of cryptocurrencies, but with…

Let’s once again take a step away from the daily fuss of currency prices and tech innovations and look at the changing role and place of cryptocurrencies and blockchain technologies in the world around us. We can confidently say that the outgoing year was no less significant for the cryptosphere than 2017, a year of…

Dubai-based technology company ColossalBit, focusing on non-fungible tokens (NFTs), has purchased the NFT of the ST DuPont pen used by football legend Diego Maradona to sign a contract with Napoli in 1984. ColossalBit, a Dubai-based consulting, design, and development company specializing in blockchain, cryptocurrencies, DeFi, and NFTs, made the winning bid for the S.T. DuPont…

The Central Bank of Russia (CBR) has again taken an antagonistic stance against crypto, citing crypto’s inherent volatility and illegal use as a key reason for their conservative position. Sources said the CBR’s current stance on cryptocurrency is one of “complete rejection.” CBR Governor, Elvira Nabiullina, said during Friday’s online press conference that the Bank…

CEO of Abu Dhabi’s Mubadala told CNBC about its fund’s investments in crypto and blockchain ecosystems. As Reuters reported, Abu Dhabi state fund Mubadala has invested in the ecosystem around cryptocurrencies, such as blockchain technology, given the increase in the digital currency’s market value, its CEO Khaldoon al-Mubarak said in an interview on CNBC. “I…

Major cryptocurrency exchange Kraken announced plans to introduce an NFT trading marketplace. Kraken CEO noted the rising popularity of Metaverse NFTs like virtual property and digital items; however, he did not suggest a date by which the service may be launched. Other big exchanges, such as Binance, Coinbase, and FTX, have already introduced their own…