S&P Unveils New Index with 50 Crypto Options; NYSE Owner Nears $2 Billion Poly...
In a new move to cater to the increasing investor appetite for crypto assets spurred by the new regulatory dawn, the S&P Dow Jones Indices has unveiled the S&P Digital Markets 50 index. Announced on Tuesday, this new index aims to provide investors diversified exposure to the cryptocurrency landscape and related stocks. S&P’s Response To […]
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The New York Stock Exchange (NYSE) has today announced the launch of a bitcoin price index (NYXBT). NYXBT will represent the daily US dollar value of one bitcoin at 4pm (BST) and will be published on the NYSE Global Index Feed (GIF). For a limited period it will also be viewable on the NYSE's website. Thomas Farley, NYSE group president, said in a statement: "Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class." He added: "As a global index leader and administrator of ICE LIBOR,....
Nasdaq and NYSE have reportedly shelved plans on Bitcoin ETF options, proving a massive dampener for all those investors looking for more accessible cryptocurrency trading. This comes in as both the exchanges have called back their applications meant to list and trade options based on Bitcoin ETFs. In a move that we could say is […]
The New York Stock Exchange (NYSE) is reportedly planning to introduce a special global price index to value Bitcoin, a decentralized digital currency-cum-technology. As reported by Mashable, the world's largest stock exchange is in the process to launch the Bitcoin price index through its Global Index Feed. It is further planning to make the index available free on its website, though for a limited time. The news website also managed to obtain a quote from the NYSE's President, Mr. Tom Farley, who confirmed their plans to launch the Bitcoin index. "We are now going to use our name,....
On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether that was blacklisted by Tether Limited. The Poly Network team said they are in control of the funds along with “Mr. White Hat,” but the repayment process is not complete. Poly Network Hacker Returns Most of the Stolen Crypto Assets According to a message from the Poly Network team, a large majority of the stolen funds from the August 10 hack have been returned. The stash of tether (USDT) are the only funds....
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above the entire year’s worth of defi hacks. $600 Million Drained, Poly Network Defi Hack Eclipses 2021’s Defi Hacks This week, the blockchain analysis and intelligence company Ciphertrace published a report that shows $474 million was lost to defi-related hacks and fraud. The findings....