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Brazilian fund manager and Nasdaq to launch world's first Bitcoin ETF
Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange.
The stock exchange announced it had approved the ‘Hashdex Nasdaq Crypto Index’ on September 18, revealing that 3 million Class E shares will be issued for trade on the platform. Cointelegraph Brazil confirmed the Nasdaq partnership and ETF with Hashdex’s chief executive, Marcelo Sampaio.
According to local media outlet Infomoney, the fund should be live and trading on the BSX by the end of the year. The report notes that Hashdex chose to apply with BSX due to Bermuda’s crypto-friendly regulations.
Canada’s first regulated crypto exchange Wealthsimple Crypto goes live
Starting from Sept. 22, users in all 13 provinces and territories in Canada will be able to sign up for the new product and start trading cryptocurrencies.
At the launch, Wealthsimple Crypto will allow users to buy and sell Bitcoin (BTC) and Ether (ETH) through the platform’s mobile app. Deposits and withdrawals can only be made in Canadian dollars.
Prior to public launch, Wealthsimple Crypto was available in beta, allowing Canadians to join a waitlist to be invited to use the platform. According to Wealthsimple’s representatives, more than 130,000 Canadians joined the waitlist so far.
Binance.US CEO calls companies not integrating crypto ‘ignorant’
Joke MEME coin airdrop is now worth $600K
MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex.
MEME/USD via coingeko
The project now comprises an “experimental protocol” that “mash[es] up some of the most exciting innovations in DeFi” by offering yield farming rewards in the form of meme-inspired non-fungible token collectibles.
Leaked Data Outs Bitcoin Investment Company as Scam: Founders Deny the Allegations
A South African group calling itself “Anonymous ZA” has published fresh information that seemingly supports long-standing allegations that Mirror Trading International (MTI), an ostensible bitcoin investment company, is running a multi-level marketing scam. The new information, which was reportedly obtained after a breach of MTI internal systems, shows that the investment company is “entirely structured around a tree/pyramid scheme.”
Iran Grants Bitcoin Miners Exclusive Access To Electricity at Three Power Plants
It is important to note that crypto miners will only receive excess electricity from expansion turbines that are to be built at the target power plants for this specific purpose. Tarztalab explained this is because the turbines “do not consume liquid fuels like gas oil, and only natural gas”, which burns cleaner compared to coal.
Bitcoin mining is cheap in Iran – something that has drawn scores of miners, both legit and shady, to the nation’s shores. According to official data, mining farms in Iran pay as little as 4,800 rials ($0.01) per kilowatt-hour (kWh) of electricity but rates increase four-fold to 19,300 rials ($0.05) during the peak summer season, from June to September.
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