BlackRock iShares has no current plans to launch crypto ETFs
Salim Ramji, executive of BlackRock iShares said that the firm has no current plan to launch crypto ETFs as the regulatory framework is not transparent. He added that liquidity is another concern. The Securities and Exchange Commission had approved Bitcoin ETF last month.
Binance freezes Doge withdrawals
Binance froze Doge withdrawals as users reported that they were asked to return coins that they do not have. Binance said that the issue is with the new update they carried out recently and reassured investors that they can withdraw Doge on other networks.
WazirX user base grows tenfold
Binance-owned Indian cryptocurrency exchange WazirX said its user base has grown by over 10 times this year to 10 million. WazirX recorded a trading volume of over $38 billion a year to date, equating to average monthly growth of 44%.
Bitcoin will be replaced by Ethereum-based currency: Ken Griffin
Ken Griffin said that Bitcoin will be replaced by Ethereum-based currency in the near future. Ethereum is only slightly faster than Bitcoin at present but will significantly scale up transaction speeds and lower costs when Ethereum 2.0 is fully implemented.
Robinhood COO praises Shiba Inu as crypto wallet waitlist grows to 1.6M
Robinhood chief operating officer Christine Brown has praised the Shiba Inu community but said safety was the platform’s priority over the “short-term gain” of listing new tokens. Brown made the comments in an interview for the Crypto Goes Mainstream event. When asked about Shiba Inu, she said: “One of my favourite things is seeing the community around these coins really engage with us and let us know what they want.”