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Cryptocurrency · United StatesThe post Bitcoin ETFs Hit Hard With $326 Million Outflow, Marking Fourth Straight Day of Redemptions appeared on BitcoinEthereumNews.com. Bitcoin ETFs suffered a steep $326 million outflow on Tuesday, April 8, led by a massive withdrawal from Blackrock’s IBIT. Ether ETFs didn’t fare much better, posting a $3.29 million exit from Fidelity’s FETH. Blackrock’s IBIT Leads $326 Million Bitcoin ETF Exit, Ether ETFs Also Slip Bitcoin exchange-traded fu…See the Story
Bitcoin ETFs Hit Hard With $326 Million Outflow, Marking Fourth Straight Day of Redemptions
BlockchainCore, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow.Core’s initial contributor, Rich Rines, told Cointelegraph that as of April 7, over 44 million Core tokens have been dual-staked with 3,140 Bitcoin (BTC). At the time of writing, the assets are worth about $260 million. Core’s dual-staking model lets Bitcoin…See the Story
Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets
BitcoinNations facing mounting debt obligations or unexpected credit market restrictions could benefit from holding Bitcoin as part of their national reserves. When traditional financing options become limited, countries with Bitcoin reserves would have an alternative liquidity source that operates independently of global lending institutions. This additional financial buffer could help manage debt servicing during periods when new bond issuances face …See the Story
60th Reason For National Bitcoin Reserve: Alternative Reserves Provide a Safety Net in Potential Debt Crises
59th Reason For National Bitcoin Reserve: Immutable Ledgers Prevent Corruption in Government Transactions
BlockchainThe integration of blockchain technology with national Bitcoin reserves creates verifiable supply chain tracking systems that reduce fraud and improve efficiency across agriculture, manufacturing, and shipping sectors. Nations holding Bitcoin reserves can leverage the same underlying technology to build transparent supply networks where product origins, handling conditions, and transportation routes are permanently recorded on public ledgers. Th…See the Story
58th Reason For National Bitcoin Reserve: Transparent Blockchains Modernize Supply Chain Oversight
Cryptocurrency Exchange · MaltaA cryptocurrency exchange has been hit with a €1 million fine for anti-money laundering breaches found during an FIAU inspection in 2023.In a public notice, the FIAU, Malta’s anti-money laundering watchdog, said OKCoin Europe had failed to properly scrutinise $20 million (€18 million) worth of transactions found in 80% of the customer files reviewed.OKCoin Europe...See the Story
Cryptocurrency exchange hit with €1 million fine by FIAU
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