Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe’s largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise’s assets under management (AUM) to over $4.5 billion and enhances its capability to serve European investors with institutional-grade products. The acquisition includes Europe’s largest physical Bitcoin The post Bitwise AUM surpasses $4.5 billion, expands to Europe with ETC Group purchase appeared first on CryptoSlate.

The decentralized prediction market platform Polymarket is seeing significant activity as traders speculate on the 2024 US presidential election outcomes between Kamala Harris and Donald Trump. The total volume has now reached $638,887,107, with $72 million for Harris and $80 million for Trump. Unlike traditional betting platforms, Polymarket allows users to buy and sell positions The post Bettors take profits causing US election odds to plummet on Polymarket appeared first on CryptoSlate.

MIMOS Berhad, the research and development division of the Malaysian Government, has formalized a partnership with the Worldcoin Foundation, Tools for Humanity (TFH), and MyEG. The collaboration aims to integrate Worldcoin’s technology into Malaysia’s digital infrastructure, focusing on enhancing digital credentials and validating digital proof of humanness in the era of artificial intelligence. The memorandum The post Malaysian Government adopts Worldcoin for proof of humanity digital identification appeared first on CryptoSlate.

Last night, Aug. 14, at a Crypto4Harris event, Senate Majority Leader Chuck Schumer and other prominent Democrats expressed strong support for crypto, underscoring the importance of regulatory clarity and bipartisan collaboration to shape the industry’s future. Schumer emphasized that Congress has a responsibility to enact common-sense and sound regulations for crypto, aiming to bring both The post Democrat leaders back positive crypto reform in 2024, but community remains divided appeared first on CryptoSlate.

Riot Platforms has announced an increase in its ownership stake in Bitfarms Ltd. to 18.9%, intensifying its influence over the Canadian Bitcoin mining firm. This development follows Riot’s acquisition of an additional 1 million common shares of Bitfarms. Riot confirmed, “The Purchased Shares were acquired through normal course purchases on the Nasdaq Stock Market and The post Riot increases Bitfarms ownership stake following board member removal appeared first on CryptoSlate.