Lulo Invest Newsletter #47

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Lulo Invest Newsletters
March 01, 2024

Lulo Invest Newsletter #47


Winklevoss Twins' Gemini Promises to Return $1.1B to Earn Customers

The pact is tied to the bankruptcy of Genesis Global Capital, Gemini's partner for its Earn program.

www.coindesk.com/policy/2024/02/28/winklevoss-twins-gemini-promises-to-return-11b-to-earn-customers/amp

Hong Kong ends license application drive for crypto exchanges

Twenty-two crypto trading platforms applied for an operational license in Hong Kong, which includes four exchanges that had applied under the SFC’s previous opt-in regime for crypto trading platforms.

cointelegraph.com/news/hong-kong-ends-crypto-exchange-license-application

HSBC Hong Kong to allow investments into virtual assets in 2024

HSBC's Hong Kong investments head, Sami Abouzahr, says asset tokenization is one of the top priorities for the bank for this year

crypto.news/hsbc-hong-kong-to-allow-investments-into-virtual-assets-in-2024

Bitcoin ETFs see record-high trading volumes as retail investors jump on crypto rally

The iShares Bitcoin Trust (IBIT) has already seen a record number of shares traded on Wednesday.

www.cnbc.com/amp/2024/02/28/bitcoin-etfs-see-record-high-trading-volumes-as-retail-investors-jump-on-crypto-rally.html

Former FTX & Alameda Execs Secures $17 Mln Funding For Dubai Crypto Startup

Former FTX and Alameda employees acquired $17 million funding for a Dubai crypto startup amid Sam Bankman-Fried's incarceration.

coingape.com/former-ftx-alameda-execs-secures-17-mln-funding-for-dubai-crypto-startup/amp

HIVE Digital Technologies on green bitcoin mining & AI pivot | Crypto Round-Up

HIVE Digital Technologies, a prominent Bitcoin miner is at the forefront of the Bitcoin mining sector with operations in Sweden and Iceland.

finance.yahoo.com/news/hive-digital-technologies-green-bitcoin-120604697.html

South Korea to discuss NFT classification, Bitcoin ETFs with Gary Gensler

Head of South Korea's Financial Supervisory Service, Governor Lee Bok-hyun, is scheduled to discuss key regulatory issues with U.S. SEC Chairman Gary Gensler in May.

crypto.news/south-korea-nft-bitcoin-etf-gary-gensler

Kraken preps for new crypto entrants with institutional-focused offering

Kraken has debuted a platform targeted at institutional investors in a bid to work with those getting involved in the crypto space.

blockworks.co/news/kraken-institutional-investor-offering

Crypto Exchange OKX Enters Turkey as Part of Global Expansion Plan

OKX President Hong Fang says there is a high demand for crypto in the country.

www.coindesk.com/business/2024/02/27/okx-expands-to-turkey-as-part-of-global-expansion-plan

Binance expands VIP program to attract traditional asset holders

Binance is changing its VIP program to attract investors from conventional trading sectors, offering them lower fees and other exclusive privileges. 

crypto.news/binance-expands-vip-program-to-attract-traditional-asset-holders

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