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Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Digital assets manager CoinShares says that institutional investors dropped over two billion dollars into crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in net inflows of $2.2 billion last week. “Digital asset investment products saw further inflows of US$2.2bn last week, raising […]

The post Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares appeared first on The Daily Hodl.

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Ex-Pimco, Millennium execs set up crypto advisory business

After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm.

Two former executives at major American investment management firms, Millennium Management and Pacific Investment Management Co (Pimco), are reentering the cryptocurrency space amid a major market rally.

Millennium’s ex-portfolio manager Benoit Bosc and Pimco’s former executive vice president Michael Bressler left their posts to set up a new crypto consultancy firm, x2B, Bloomberg reported on Nov. 11.

Expected to launch in November 2024, x2B will advise crypto projects on sectors like fundraising, tokenomics and market-maker strategy, exchange listing and treasury management.

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

AI memecoin millionaire Truth Terminal has sparked an AI boom in crypto

Emerging developments in AI could provide the breakthrough that has been missing for cryptocurrencies.

It’s no secret that since 2022, nearly every industry has been exploring how to integrate artificial intelligence into their daily operations — and crypto is no exception. 

But unlike most sectors, which are concerned with how AI may benefit them, crypto asks the reverse question: How can AI leverage blockchain to unlock new potential?

One of the most exciting intersections between artificial intelligence and crypto is the rise of autonomous AI agents. These agents are now using cryptocurrencies to enhance their capabilities, and they’re rapidly gaining momentum.

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Winklevoss-backed DeFi platform launches after $6.9M investment round

Azura completed a $6.9 million investment round backed by the Winklevoss twins, Volt Capital and Alliance DAO.

Azura, a new all-in-one crypto application aggregation layer, has launched with support from some of the most notable crypto founders.

Azura, which brands itself as an onchain interfacing layer, launched on Oct. 22, aims to lower the entry barrier for new investors and enable them to trade any asset via decentralized finance (DeFi) applications.

Azura aims to support all blockchains and protocols, according to an Oct. 22 X post:

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Ripple Reveals Exchanges for Stablecoin RLUSD Launch

Ripple Reveals Exchanges for Stablecoin RLUSD LaunchRipple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion

Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for BullionCostco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a hedge against inflation and economic uncertainty. Costco’s Gold Bars Are Selling […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

SEC Flags Risks in Crypto and Emerging Tech Investment Scams

SEC Flags Risks in Crypto and Emerging Tech Investment ScamsThe U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming, […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing Advice

Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing AdviceRich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment advice, emphasizing that “even if it is Jesus.” Kiyosaki’s Take on a Strange Investment Pitch Robert Kiyosaki, financial educator […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

FBI Seizes $6M in Crypto From Southeast Asian Scammers

FBI Seizes M in Crypto From Southeast Asian ScammersU.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing. DOJ Seizes $6 Million in […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

FBI Warns of Growing ‘Pig Butchering’ Crypto Schemes in Maryland

FBI Warns of Growing ‘Pig Butchering’ Crypto Schemes in MarylandThe Federal Bureau of Investigation (FBI) Baltimore office has issued a warning about the increasing prevalence of cryptocurrency investment fraud in Maryland. Known as “pig butchering,” scammers trick victims into fake crypto investments, leading to massive financial losses. FBI Warns of Surge in Cryptocurrency Investment Scams in Maryland The Federal Bureau of Investigation (FBI) Baltimore […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’