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Ark Invest and 21Shares partner to launch digital asset ETF suite

Five digital asset ETF products will be listed on the Chicago Board Options Exchange and are scheduled to start trading next week. Investment management firm Ark Invest, led by pro-Bitcoin investment veteran Cathie Wood, has collaborated with exchange-traded product (ETP) provider 21Shares to launch a new suite of digital asset exchange-traded funds (ETFs). The move aims to provide a “robust set of options" for investors looking to get digital asset s into their trading portfolio.  The countdown begins: today, 21Shares and ARK Invest announce the upcoming launch the ARK and 21Shares Digital Asset ETF Suite. The ETF suite uses crypto-specific insights alongside traditional indicators. pic.twitter.com/dkg8aTCtVR — 21Shares Funds (@21shares_funds) November 8, 2023 According to the 21Shares website, the companies will utilize on-chain signals and their crypto-native experience to deliver “long-term capital appreciation” by investing in Bitcoin (BTC) and Ether (ETH) futures ...

MoneyGram to launch non-custodial crypto wallets by Q1 2024

The non-custodial wallet will continue MoneyGram’s remittance focus allowing users to easily convert their digital assets to fiat. Payment processing giant MoneyGram is all set to launch its own non-custodial crypto wallets, the company’s chief executive officer, Alex Holmes, announced during the Stellar Development Foundation annual Meridian conference. The non-custodial crypto wallet will be built on the Stellar network and hit the market in the first quarter of 2024. The wallet was created in partnership with the Cheesecake Labs, and will make use of the Stellar network and MoneyGram's fiat on and off-ramp services to facilitate instant transactions. There will be no charge to use it until June 2024. The wallet will allow users to leverage stablecoin technology to move between fiat and digital currencies, and is intended to strengthen the company's focus on its core competence of cross-border remittance and payment settlements. Wallet users will be able to send digital ass...

World Mobile launches on Google Play for customers in Australia, Canada, UK, and US

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The company also announced a partnership with artificial intelligence company SingularityNET. Decentralized wireless (DeWi) network operator World Mobile announced the launch of its app on Google Play for users in the U.S., U.K., Australia, Canada, and Tanzania on August 22.  The launch comes on the heels of a series of beta tests conducted in numerous markets typically considered underserved when it comes to mobile connectivity and availability including Kenya, Mozambique and Nigeria. The World Mobile app is also currently available in Zanzibar. According to World Mobile, its DeWi services are meant to bridge the gap between major telecoms and those in underserved markets. It does so by providing some connectivity services and through the promotion of a blockchain-based sharing system it supports through a proprietary token, WMT, and the inclusion of other Cardano-based tokens. As Cointelegraph recently reported, World Mobile uses a combination of existing infrastructure and alterna...

Crypto.com adds support for Bone ShibaSwap amid the highly anticipated Shibarium launch

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Join Our Telegram channel to stay up to date on breaking news coverage Crypto.com, one of the largest cryptocurrency exchanges in the market by trading volumes, has announced it will be adding support for one of the key tokens within the Shiba Inu ecosystem. The exchange has listed Bone ShibaSwap (BONE) on the list of altcoins that can be traded on the platform. Crypto.com adds support for Bone ShibaSwap BONE is a token that plays a crucial role within the Shiba Inu ecosystem. The listing of BONE on the Crypto.com exchange is a win for the second-largest meme coin by market capitalization. Crypto․com Exchange lists Bone ShibaSwap $BONE 💰 Trade the $BONE $USD pair now 👉 https://t.co/GBTPzwVBuy pic.twitter.com/bAWmAeEyBb — Crypto.com Institutional (@Cryptocom_Insto) March 2, 2023 The BONE token will play a vital role within the Shiba Inu ecosystem. The token will be used to pay gas fees on Shibarium. The latter is a highly-anticipated layer-two...