Crypto News

Six mutual funds tracking the price of bitcoin (BTC) will debut in Israel next week after the Israel Securities Authority (ISA) granted permission for the products, Calcalist reported on Wednesday.All six will start operations on the same day, Dec. 31, a condition imposed by the regulator, Calcalist said. Final approval for the funds was granted last week.The funds will be offered by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav and IBI, with management fees ranging from as high as 1.5% to 0.25%. One of the funds will be actively managed, trying to beat bitcon's performance. They will initially transact just once a day, though future products will be able to trade continuously, Globes said in a Tuesday report, citing...

Meme-turned-utility project Floki is working with an unidentified asset manager to develop an exchange-traded product (ETP) tracking its FLOKI token that could be available to investors in Europe early in the new year, one of the developers told CoinDesk.If approved, FLOKI would be the only meme token other than dogecoin (DOGE) with an institutional product in Europe.“We've been actively working with a respected Asset Manager and an ETP Issuer to launch a Floki ETP (Exchange-Traded Product) for quite a while now, and after months of due diligence and painstaking effort, we've been told that the Floki ETP is on track to go live in early Q1, 2025,” lead developer B told CoinDesk in a Telegram message on Wednesday. The developers...

The agent is part of a Solana project by X user “Skely”, but both the agent’s and Skely’s X accounts have since been suspended for reasons that, at the time of reporting, were still unclear. Investors Flock to Questionable Solana AI-Themed Project A Solana crypto AI agent dubbed AI Pool, created by an X userSource link

Addresses linked to North Korean hackers have lost nearly half a million dollars betting on ether using Hyperliquid, a decentralized exchange with its own layer one (L1) blockchain platform. While rumors of an impending exploit circulated on social media, Hyperliquid denied all allegations, stating that no exploit was detected or reported by third parties. KoreanSource link

BRICS will expand in 2025 with nine new partner states, signaling surging global alignment with the bloc as more nations race to secure ties. BRICS Expands With New Partner States in 2025 Several countries are set to gain BRICS partner status starting Jan. 1, 2025, following confirmations received by Russia, Kremlin aide Yury Ushakov informedSource link