December 21, 2022

WisdomTree Secures SEC Approval for 9 More Blockchain-Enabled Funds

WisdomTree Secures SEC Approval for 9 More Blockchain-Enabled Funds

The Securities and Exchange Commission (SEC) has approved nine additional blockchain-enabled funds from WisdomTree (NYSE: WT). This approval aligns with WisdomTree’s overall goal of further integrating blockchain technology to enhance the investor experience. Announcing its SEC approval in a blog post, the $82 billion wealth management platform also explained that the nine digital funds offer …

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What does the Fed’s latest interest rate hike mean for bitcoin?

What does the Fed’s latest interest rate hike mean for bitcoin?

The Federal Reserve announced its latest rate hike in response to inflation on Wednesday. The Fed’s interest rate hiked to a target of 4.5%. Surprisingly, the Federal Reserve’s forecasts for the duration and value of interest rates could be higher. Than expected. Almost all board members estimate an interest rate of just over 5% in …

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QuickSwap and Versa Games Launch Gaming Hub on Polygon

QuickSwap and Versa Games Launch Gaming Hub on Polygon

QuickSwap, a Layer 2 decentralized digital trading platform and automated market maker, has launched The Gaming Hub, the largest Web3.0 gaming destination on the Polygon Network. A platform that enables game discovery and supports the funding and growth of non-fungible token (NFT) assets for its users. The blockchain ecosystem is packed with many innovations, one …

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Only 3 FTX Execs Could’ve Sent User Funds to Alameda: Co-CEO

Only 3 FTX Execs Could’ve Sent User Funds to Alameda: Co-CEO

A senior FTX executive reported that user funds were diverted to Sam Bankman-Fried’s trading arm, Alameda Research, just days before the companies went bankrupt. Nine for illegal transfers to Alameda, court documents filed on Wednesday showed, the same day Binance withdrew from its proposed bailout. The transfers were made to cover Alameda’s “financial losses,” Salame …

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Committee to represent creditors formed in FTX bankruptcy case

Committee to represent creditors formed in FTX bankruptcy case

Forming a committee of unsecured creditors is an important next step in the bankruptcy proceedings of failed crypto giant FTX, its closely affiliated hedge fund Alameda Research and more than 100 other related companies. The bankruptcy judge presiding over the case will continue to hear arguments about client disclosure in court and whether attorneys hired …

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