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Hackers attacked synthetic dollar issuer Ethena, but the protocol said its core blockchain infrastructure remained uncompromised. On Sept. 18, bad actors successfully breached the website of decentralized finance service provider Ethena Labs (ENA). The team’s alert explained that only its…

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REX Shares and Tuttle Capital have partnered to launch two new exchange-traded funds offering the first 2X leveraged and inverse exposure to shares of MicroStrategy. The asset managers announced the launch of the T-REX 2X Long MSTR Daily Target ETF…

Global accounting firm KPMG believes that strong custodial practices are key to boosting Bitcoin (BTC) adoption among institutions and businesses. According to its recent report titled “The Importance of Custodians in Bitcoin Adoption and Ownership,” custodians play a crucial role in safeguarding Bitcoin holdings and are vital for the industry’s growth. It added that custodians […]

The post KPMG calls for stronger custodial practices to boost Bitcoin adoption appeared first on CryptoSlate.

Asset manager BlackRock sent a 9-page document to its clients on Sept. 18 that portrays Bitcoin (BTC) as a “unique diversifier” for portfolios. The document highlighted the characteristics that make Bitcoin distinct from traditional asset classes on any long-term basis and suggested a “modest allocation.” Although BTC moves with equities in the short term, as […]

The post BlackRock calls Bitcoin a ‘unique diversifier’ in document sent to clients appeared first on CryptoSlate.

MicroStrategy has increased its convertible debt offering to $875 million from $700 million to purchase more Bitcoin, according to a Sept. 18 statement. The Virginia-based company aims to raise these funds by selling convertible senior notes with an interest rate of 0.625% annually. These unsecured senior obligations will be available to institutional investors in a […]

The post MicroStrategy boosts Bitcoin buying power with $875M convertible debt offering appeared first on CryptoSlate.

The Fed’s suck of $161B out of the market to impact Ethereum.
ETH ancient whale on a quiet-selling-spree.

Ethereum [ETH] remains a strong player in the cryptocurrency market, despite facin

The post Ethereum faces Fed liquidity suck, ETFs affected too: What now? appeared first on AMBCrypto.

Bhutan holds over 13,000 BTC, over two times of El Salvador’s Bitcoin reserves.
The contrasting crypto strategies of Bhutan and El Salvador reflect diverse national approaches to adopting Bit

The post Bitcoin news: How Bhutan beat El Salvador with 2x BTC reserves appeared first on AMBCrypto.