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Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO

Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO

Blockchain.News conducted an interview analysis to examine whether adding Bitcoin to a standard pension fund portfolio has positive impact on the fund’s risk and return figures.

Platypus Finance Suffers Exploit Resulting in Over $2M Loss

Platypus Finance Suffers Exploit Resulting in Over $2M Loss

Platypus Finance, a DeFi protocol on the Avalanche blockchain, suffered an exploit on 12th October 2023, leading to a loss of over $2 million. The protocol had temporarily suspended all pools due to suspicious activities and is working towards resolving the issue. Blockchain security firm PeckShield Inc identified and disclosed the exploit, underscoring the need for enhanced security measures in the DeFi space.

OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand

OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand

OpenAI has suspended new ChatGPT Plus premium sign-ups due to high demand, following a DDoS attack at its first development conference. The platform has reached 100 million monthly users in two months.

Why Jack Ma's Ant Group IPO was Suspended by Authorities

Why Jack Ma's Ant Group IPO was Suspended by Authorities

On Nov 3, the Shanghai Stock Exchange of China published an announcement titled "Decision on postponing the listing of Ant Technology Group Co., Ltd. on the Sci-Tech innovation board".

Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network

Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network

Charles Emond, the Chief Executive Officer of Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), has indicated that the company’s investment in Celsius Network is now considered lost.

Ontario Teachers’ Pension Plan Leads £210M Round in UK-Based Consumer Finance Platform Lendable

Ontario Teachers’ Pension Plan Leads £210M Round in UK-Based Consumer Finance Platform Lendable

Lendable.co.uk is committed to improve financing to both retail customers and businesses.

Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown

Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown

Okcoin has paused its U.S. dollar wire and ACH deposits due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars. The suspension extends to over-the-counter services, credit card transactions, and trading USD-crypto trading pairs. However, all corporate and customer funds are safe, and USD withdrawal is not affected. The processing pace will be subject to bank operation. All crypto deposit and withdrawal functions remain intact, including those of U.S. dollar-pegged stablecoins.

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns

Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns.

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.

SEC plans to propose new rule changes that could impact crypto firms

SEC plans to propose new rule changes that could impact crypto firms

The SEC is still deciding on a "qualified custodian."

Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn

Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn

Vauld has become the latest crypto firm to halt trading, deposits, and withdrawals. The lender is exploring improvements in its corporate performance through restructuring exercises.

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