Tesla CEO Elon Musk sells perfume for Dogecoin
Elon Musk’s infrastructure and tunnel construction company named The Boring Company has launched a new fragrance which is called Burnt Hair which smells accordingly. On the sales page of the current perfume, Dogecoin is among the payment options.
More twits of Elon Musk: https://twitter.com/elonmusk
Elon Musk called it “the most beautiful fragrance in the world” on his Twitter page. The perfume’s price is $100 for US residents, including tax and shipping.
The shipments of the product will begin in the first quarter of 2023.
Valkyrie Funds is shutting down its Bitcoin-based ETFs
Valkyrie Funds, the largest cryptocurrency investment management company in the US, will shut down Bitcoin-based exchange-traded funds (ETFs) on October 31.
The company also stated that Valkyrie stock will be ‘delisted’ from the Nasdaq stock exchange.
According to the announcement, shareholders will be allowed to sell their shares until October 28, 2022. In addition, investors who held their shares during the liquidation will receive funds equal to the net value of their shares.
Blockchain.com gets approval to operate in Singapore
Popular cryptocurrency exchange Blockchain announced that it has received approval from the Singapore Monetary Authority (MAS) to operate in Singapore.
Recently, one of the platform’s biggest competitors, which is called Coinbase, also received regulatory approval in Singapore. The approval allowed crypto exchanges to legally offer their services there.
The city-state has become an attraction for cryptocurrency companies due to its proximity to major regional markets in Southeast Asia. That said, MAS is considered one of the strictest regulatory bodies in the world. It approved only 18 of 180 crypto companies that applied for a license.