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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 9 months ago

How can RWA tokenization democratize traditional bond markets?

Illiquid tangible goods are turning into traded and divided assets with blockchain-based asset tokenization, and bonds might be next in line.

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  Posted by u/ 9 months ago

TMX buys 78% of ETF tool VettaFi for $848M, boosting stake to 100%

Toronto Stock Exchange owner TMX is finalizing the purchase of VettaFi, an ETF tool that lists blockchain and cryptocurrency-themed ETFs, including the VanEck Digital Transformation ETF.

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  Posted by u/ 9 months ago

Crypto catfishers ditch fake exchanges for approval phishing scams

According to on-chain analytics firm Chainalysis, romance scammers increasingly use this method to steal their victim?s hard-earned crypto.

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  Posted by u/ 9 months ago

Is El Salvador?s Bitcoin gambit finally paying off?

The rise in El Salvador?s bond prices ?almost defies gravity,? and it may soon have access to Eurobond markets, said Santander Bank.

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  Posted by u/ 9 months ago

$60M Liquidated in Minutes Amid Ledger Vulnerability Fiasco

The price of bitcoin went on a rollercoaster amid the news about Ledger's vulnerability.

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  Posted by u/ 9 months ago

Here?s Why Crypto Prices Are Pumping as Meme Kombat Sees Surge

Crypto prices have turned green this week after a brief pullback, with market leaders like Bitcoin and Ethereum up 4.17% and 4.69% today and other cryptos like Cardano, Internet Computer,

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  Posted by u/ 9 months ago

Bitcoin Bounces Back Above $43,000 After Strong US Retail Sales Data Prompts Brief Price Dip ? Here?s Why BTC Could Soon Hit Fresh Yearly Highs

Stronger-than-expected US November Retail Sales data released earlier on Thursday triggered a sudden near-$1,500 drop in Bitcoin from just under $43,000 to around $41,500, but the BTC price has since recovered aggressively as markets continue betting on a dovish pivot in Fed policy.

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  Posted by u/ 9 months ago

Bitwise Joins the Spot Bitcoin ETF Race with New DTCC Listing

Anticipation grows as analysts forecasts 90% chance of SEC approving spot Bitcoin ETF by January 10.

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  Posted by u/ 9 months ago

Ethereum Will Outperform Bitcoin In 2024, Says JPMorgan

Bitcoin ETFs and the halving are overrated, but protodanksharding is something to look forward to, the bank?s analysts claimed.

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  Posted by u/ 9 months ago

US energy NGO warns of overwhelming demand, as ERCOT considers crypto proposals

Government policy and challenges getting projects online complicate energy policy and may have grave consequences.

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  Posted by u/ 9 months ago

Gensler hints Grayscale ruling forced SEC to take ?new look? at Bitcoin ETFs

The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn?t admitted it outright.

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  Posted by u/ 9 months ago

Gemini Earn Users Face Potential 70% Reduction in Promised Bitcoin Payouts Under Proposed Reorganization Plan

Gemini Earn creditors could potentially face up to 70% reduction in their promised crypto payouts as part of a proposed reorganization plan.

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  Posted by u/ 9 months ago

IMF Head Urges For Clear Rules and Infrastructure to Curb Crypto Risks

The IMF Chief Kristalina Georgieva acknowledged that the increase in crypto adoption could ?undermine macro-financial stability.?

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  Posted by u/ 9 months ago

Gensler Dodges Crypto Questions After Treasury Market Meeting

SEC Chair Gary Gensler appeared reluctant to discuss cryptocurrency during a meeting focused on the U.S. Treasury market, evading a reporter's question regarding the status of spot bitcoin ETF applications.

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  Posted by u/ 9 months ago

Ledger Confirms Vulnerability: Over $600K Supposedly Compromised

A vulnerability has been identified in Ledger's library, compromising a number of Web3 interactions.

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  Posted by u/ 9 months ago

Chainalysis Reveals $1 Billion in Losses to Approval Phishing Since May 2021: Report

Suspected losses in approval phishing for 2023 alone amount to at least $374 million.

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  Posted by u/ 9 months ago

Former Credit Suisse Executive Launches Crypto Trading Platform for Financial Institutions

Rulematch focuses on traditional financial powerhouses, operating solely as a trading platform.

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  Posted by u/ 9 months ago

Safemoon Files for Chapter 7 Bankruptcy Month After SEC Charged Founders With Fraud

Decentralized finance protocol SafeMoon has officially filed for Chapter 7 bankruptcy protection in the face of mounting allegations of fraud and mismanagement.

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  Posted by u/ 9 months ago

Binance to List Meme Coin BONK Under Seed Tag Section, Price Up 115% in 24 Hours

After Coinbase, Binance has announced to list hyped meme coin BONK under seed tag section. The trading for the Solana-based meme coin will open at 16:00 Beijing time.

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  Posted by u/ 9 months ago

Litecoin update: analyzing the current state of LTC amid the rise of this AI Altcoin

Litecoin (LTC) is popularly known as a Bitcoin (BTC) fork. While the two share several similarities, LTC was designed to be lighter, amidst other key differences.  In this post, we will analyze the current state of Litecoin, including what makes it a good crypto to buy. Further, we will explain the growing interest in a […]

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  Posted by u/ 9 months ago

Bitget Wallet partners with Linea, aims to collaboratively develop the Layer 2 ecosystem

Victoria, Seychelles, December 14th, 2023, Chainwire Bitget Wallet (formerly BitKeep), a leading global Web3 trading wallet, has announced a collaboration with the Ethereum Layer 2 network, Linea, to jointly advance the development and growth of the Linea ecosystem. Bitget Wallet has integrated with the Linea mainnet, providing wallet connectivity and support for the Linea mainnet […]

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  Posted by u/ 9 months ago

Basel Committee proposes measures for stablecoin reserve asset stability

Basel Committee proposes maturity limits for stablecoin reserve assets. Overcollateralization required for longer-term assets to ensure stability. Credit quality criteria defined for reserve assets to bolster stablecoin stability. In a move to enhance the stability of stablecoins, the Basel Committee on Banking Supervision, part of the Bank for International Settlements (BIS), has recommended targeted adjustments […]

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  Posted by u/ 9 months ago

Taurus and Teylor collaborate to tokenize German SME loans on TDX Marketplace

Taurus and Teylor Partnership. Teylor’s credit portfolio tokens, overseen by Allen and Overy, become tradeable on Taurus’ TDX marketplace. Taurus’ TDX marketplace, with $1 billion+ in transactions, solidifies Switzerland’s role in institutional-grade blockchain treatment for diverse asset classes. In a groundbreaking move, Swiss crypto custody firm Taurus, backed by Deutsche Bank, has joined forces with […]

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  Posted by u/ 9 months ago

Flare and Kinetic join forces to revolutionize DeFi lending and borrowing

Flare partners with Kinetic, revolutionizing DeFi lending/borrowing on blockchain. Users benefit from liquidity incentives; Kinetic offers over-collateralized borrowing. Rome Blockchain Labs facilitates Kinetic launch, leveraging Flare’s oracles for accurate prices. Blockchain for data, Flare, and lending platform Kinetic, backed by Rome Blockchain Labs, have announced a strategic partnership set to revolutionize decentralized finance (DeFi). This […]

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  Posted by u/ 9 months ago

Bitget rolls out mandatory KYC to enhance platform security

Bitget says mandatory KYC will align the exchange with global financial regulations and underscore its tier1 status. KYC verification is one of the measures aimed at enhancing protection for users, including against theft and fraud, Bitget said. Verified accounts will enjoy higher withdrawal limits, exclusive access to Bitget events among others. Bitget has introduced mandatory […]

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  Posted by u/ 9 months ago

BingX introduces JITO Coin (JTO) as Solana price climbs

BingX, a prominent cryptocurrency trading platform, has officially added JITO (JTO) to its list of tradable assets. This move comes amidst a remarkable surge in the value of JITO and a notable increase in Solana’s price. Coinciding with the introduction of JITO on BingX, there has been a noticeable impact on Solana’s ecosystem. Solana’s native […]

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  Posted by u/ 9 months ago

Bitcoin bulls eye BTC price comeback as cash inflows echo late 2020

Bitcoin traders? cold feet subsides as BTC price strength takes the market back to $43,000.

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  Posted by u/ 9 months ago

J1mmy.eth once minted 420 Bored Apes? and had NFTs worth $150M: NFT Creator

NFT collector J1mmy.eth trades like Warren Buffett, his collection peaked at $150 million, and he once minted 420 Bored Apes with Pranksy.

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  Posted by u/ 9 months ago

?No excuse? not to long crypto: Arthur Hayes repeats $1M BTC price bet

Bitcoin and altcoins are a sure-fire bet ahead of a ?great pivot? by the Fed on interest rates in 2024, Hayes believes.

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  Posted by u/ 9 months ago

Cardano (ADA), Solana (SOL) and Polkadot (DOT) soar ? Is it altseason?

ADA, SOL and DOT are showing strong bullish momentum as Bitcoin price consolidates.

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  Posted by u/ 9 months ago

Why is Cardano (ADA) price up this week?

ADA price had gained nearly 80% in a month and data suggests the rally could continue.

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  Posted by u/ 9 months ago

Korean crypto firm raises $140M, China?s $1.4T AI sector, Huobi battle: Asia Express

Korean crypto firm pulls off the biggest raise in Asia this year, AI market in China is now worth $1.4T, and Huobi trademark court battle.

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  Posted by u/ 9 months ago

Protocol Village: Metagood, Behind OnChainMonkey NFTs, Raises $5M Seed Round

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.

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  Posted by u/ 9 months ago

Bitcoin's Bull Run Has Plenty of Steam Left, These Indicators Suggest

Key indicators tracking Bitcoin's blockchain activity, miner flows and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.

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  Posted by u/ 9 months ago

Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%

The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April.

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  Posted by u/ 9 months ago

ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High

The firm has sold over $150 million worth of stake in COIN since Dec. 5.

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  Posted by u/ 9 months ago

JPMorgan Is Cautious About Crypto Markets Into 2024

Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain?s EIP-4844 upgrade, the report said.

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  Posted by u/ 9 months ago

Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs

The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs? software tools, which can be used to spin up new layer 2 and layer 3 ?hyperchains? atop Ethereum.

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  Posted by u/ 9 months ago

Crypto Exchange CoinList Settles OFAC's Russian Sanctions Allegations for $1.2M

CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.

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  Posted by u/ 9 months ago

Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.

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  Posted by u/ 9 months ago

Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain's BBVA

The institutional crypto platform uses Nasdaq?s trading tech, and comes out the gates with seven banks and securities firms.

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  Posted by u/ 9 months ago

Ledger Exploit Endangers DeFi; Sushi Says 'Do Not Interact With ANY dApps'

The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.

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  Posted by u/ 9 months ago

Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans

Crypto custody specialist Taurus has partnered with lending company Teylor.

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  Posted by u/ 9 months ago

First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 14, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 9 months ago

The Ends of Aragon

Aragon had a dream to remake capitalism with DAOs. As it faces a governance crisis, what can we learn about how to organize DAOs in the future?

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  Posted by u/ 9 months ago

Crypto Trader Turns $1K Into $100K on Solana?s Newest Memecoin, Dogwifhat

The Dogwifhat (WIF) memecoin is Solana's latest joke token. One trader turned $1000 into $100000 buying it.

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  Posted by u/ 9 months ago

Ledger Exploit Drained $484K, Upended DeFi; Former Staffer Linked to Malicious Code

Hackers stole almost $484k after inserting malicious code into Ledger's Connect Kit on GitHub on Thursday. Several decentralized finance (DeFi) protocols have been impacted and users are being warned to avoid using decentralized apps (dApps) until further updates.

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  Posted by u/ 9 months ago

Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.

The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.

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  Posted by u/ 9 months ago

Crypto for Advisors: ETH Staking in 2024

In today's issue of Crypto for Advisors, we share what advisors need to know about how ETH staking works and what?s coming.

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  Posted by u/ 9 months ago

What We Know About the Massive Ledger Hack

The latest crypto exploit, affecting security firm Ledger and a number of popular DeFi protocols, is a moment of levity for some.

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