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  Posted by u/ 11 months ago

OPNX obtains EU spot crypto trading license in Lithuania

Crypto exchange OPNX secured a virtual asset license for EU operations. The exchange will have to adhere to high compliance and security standards. OPNX plans to acquire additional licenses for broader service offerings throughout the EU. OPNX, the cryptocurrency exchange founded by Kyle Davies and Su Zhu, has obtained a virtual asset service provider (VASP) […]

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  Posted by u/ 11 months ago

HSBC to launch digital asset custody services in collaboration with Metaco

HSBC plans to offer digital asset custody services for institutional clients. The bank will offer the custody services in collaboration with Metaco, a DeFi firm owned by Ripple. The custody services will complement HSBC’s existing digital asset issuance platform, HSBC Orion. HSBC Holdings Plc is gearing up to make a significant move in the financial […]

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  Posted by u/ 11 months ago

Stackr Labs raises $5.5 million in seed round

Stackr Labs’ $5.5 million seed round was led by Archetype, with participation from a16z CSS, Lemniscap, and Spartan Capital among other VC funds. The Ethereum scaling platform will use the funds to boost Web3 app development. Stackr Labs, an Ethereum scaling platform aimed at advancing dApp development, has secured $5.5 million from investors. Venture capital […]

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  Posted by u/ 11 months ago

Exclusive: 2 years after John McAfee?s death, widow Janice is broke and needs answers

Two years after John McAfee?s death, widow Janice tells Magazine she?s penniless and can?t move on until his autopsy records are released.

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  Posted by u/ 11 months ago

Binance Rolls Out Its First Ever Self-Custody Web3 Wallet

Cryptocurrency exchange Binance has released its web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.

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  Posted by u/ 11 months ago

Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK

The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.

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  Posted by u/ 11 months ago

Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 Wallet

Trust Wallet's native token [TWT] has plunged over the past few hours after Binance, the exchange that acquired TrustWallet in 2018, releases its own competing web3 wallet.

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  Posted by u/ 11 months ago

Investment Adviser Two Prime Sees $2B in Demand for Bitcoin-Backed Loans

"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said.

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  Posted by u/ 11 months ago

HSBC to Offer Tokenized Securities Custody Service for Institutions

The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.

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  Posted by u/ 11 months ago

CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says

Central banks will have a limited role to play relative to the private sector in CBDC issuance, the group's general manager Agustín Carstens said.

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  Posted by u/ 11 months ago

SOL, XRP, DOGE Yields on GMX Jump up to 75% as Arbitrum Incentives Go Live

Such rewards have been made possible as the platform was the biggest recipient of Arbitrum?s arb (ARB) token grant following a community vote in October.

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  Posted by u/ 11 months ago

New Cryptocurrencies Getting Created at Slowest Pace in 3 Years, CertiK Data Shows

Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new data compiled by the smart-contract auditor CertiK.

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  Posted by u/ 11 months ago

Swiss Crypto Bank SEBA Wins Hong Kong License

The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products.

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  Posted by u/ 11 months ago

Artificial Intelligence Platform Ritual Looks to 'Decentralize Access to AI' With $25M Backing

Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which at present "lies in the hands of a few powerful companies."

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  Posted by u/ 11 months ago

First Mover Americas: Binance Unveils Self-Custody Wallet

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 8, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 11 months ago

EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers

Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.

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  Posted by u/ 11 months ago

Near Foundation and Polygon Labs Collaborate to Build ZK Solution

The aim of the tie-up is to allow for greater interoperability across chains.

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  Posted by u/ 11 months ago

Lukso Blockchain Releases Universal Profiles on Mainnet

The feature went live on main network blockchain two months after it was released on testnet.

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  Posted by u/ 11 months ago

Can Bank-Backed Exchanges Solve Crypto Trading?s Trust Problem?

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  Posted by u/ 11 months ago

Near Foundation Joins Celestia in Race to Provide 'Data Availability' for Ethereum Rollups

The project's new "NEAR DA" aims to provide an alternate venue that could handle data produced by Ethereum's fast-growing network or auxiliary blockchains or "layer-2 networks."

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  Posted by u/ 11 months ago

'Almost All of DeFi Uses the Graph' ? Q&A With Edge & Node CEO Tegan Kline

The CEO of Edge & Node shares how The Graph network is supposed to help organize data for other protocols.

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  Posted by u/ 11 months ago

Access to DeFi Opportunities Is Under Threat From Within. Automation Can Help

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  Posted by u/ 11 months ago

UK?s Tough Crypto Regulator FCA Won?t Go Easy on Stablecoins, Official Says

The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country?s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through legislation that lets stablecoins be regulated as a means of payment, the FCA has been a strict regulator and it will do most of the supervision work involving the broader crypto sector.

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  Posted by u/ 11 months ago

Founder of Estonia's LHV Bank Lost Access to $472M of Ether

"It's no secret that I have a wallet with 250,000 Ethereum units," Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October.

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  Posted by u/ 11 months ago

Why an Ether Staking Rate Will Increase Crypto Adoption

Andy Baehr, managing director at CoinDesk Indices, explains how understanding and measuring Ethereum's integrated staking rate is key to driving innovation and acceptance of ETH-based financial products.

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  Posted by u/ 11 months ago

DeFi?s Next Frontier: The Untapped Potential of On-chain Structured Products

Jordan Tonani from The Index Coop shares how the next bull-run will see more liquidity going into on-chain structured products.

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  Posted by u/ 11 months ago

BIS Researchers Say Stablecoins Are Failing to Live Up to Promise

For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.

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  Posted by u/ 11 months ago

Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue

Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted.

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  Posted by u/ 11 months ago

The Protocol: Kraken Awakens ? as Ethereum L2 Candidate

In this week's edition of The Protocol newsletter, we explain how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase's recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions.

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  Posted by u/ 11 months ago

BTC Price Pushes Towards $36K Ahead of 2023's Last Approval Period for Bitcoin ETFs

The Securities and Exchange Commission (SEC) has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications this year, Bloomberg analysts wrote in a note on Wednesday.

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  Posted by u/ 11 months ago

U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push

The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry.

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  Posted by u/ 11 months ago

Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag

Proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.

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  Posted by u/ 11 months ago

Bitcoin Breakout Toward $45K 'Imminent' Says Matrixport

Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.

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  Posted by u/ 11 months ago

Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says

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  Posted by u/ 11 months ago

Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue

The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.

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  Posted by u/ 11 months ago

U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT

Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.

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  Posted by u/ 11 months ago

Protocol Village: Stackr, Provider of Tools for 'Micro-Rollups,' Raises $5.5M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 9-15, with live updates throughout.

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  Posted by u/ 11 months ago

U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown

As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses.

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  Posted by u/ 11 months ago

Bitcoin Tops $36K as 'ETFs Not Yet Priced in'

Bitwise's CIO sees future upside to bitcoin's price as the world's largest digital asset has 30% this month.

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  Posted by u/ 11 months ago

Yuga Labs Confirms UVA-A Emitting Lights Cause of ApeFest Eye Issues

Numerous participants exhibited signs of photokeratitis, an ailment resulting from ultraviolet (UV) light exposure, after last weekend's event.

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  Posted by u/ 11 months ago

ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion

The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.

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  Posted by u/ 11 months ago

SEC Bitcoin Sale Rule Under Fire: Reuters Urges Reevaluation for Hiring!

Securities and Exchange Commission (SEC) and its policy mandating new hires to divest their holdings in SEC Bitcoin and other cryptocurrencies.

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  Posted by u/ 11 months ago

Vanguard Group Bitcoin ETF Will Not Be Launched Because Of Intrinsic Value

Vanguard Group Bitcoin ETF will not be launched due to concerns about Bitcoin's intrinsic value and volatility.

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  Posted by u/ 11 months ago

SEC Opposes Binance?s Motion To Dismiss Lawsuit

Key Points: The U.S. Securities and Exchange Commission (SEC) has filed opposition to a motion to dismiss the lawsuit against Binance.US, Binance, and CEO Changpeng Zhao (CZ), arguing that the defendants violated securities laws and committed fraud. SEC opposes Binance’s motion in Securities Lawsuit The SEC also requested Judge Amy Berman Jackson sign a proposed […]

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  Posted by u/ 11 months ago

The Reboot Of FTX Is Active With Three Giants Compete Amidst Scandal

The reboot of FTX is a significant focal point, as the winning bidder will have the opportunity to restart the trading platform after it exits bankruptcy proceedings next year.

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  Posted by u/ 11 months ago

NEAR Foundation and Polygon Labs Unite in the zkWASM Collaboration

ZK experts and WASM researchers are joining forces in the zkWASM collaboration to develop a ZK prover for WASM blockchains, accessible through Polygon CDK.

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  Posted by u/ 11 months ago

Lido wstETH Is Now Launched On Base

With wstETH now available on Base, users can harness their staked ETH within the expanding Base DeFi ecosystem.

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  Posted by u/ 11 months ago

Ark Invest To Launch New Bitcoin Futures Contract With 21Shares Collaboration

Ark Invest and 21Shares collaborate to launch new ETFs which include Ethereum and Bitcoin futures contracts and blockchain investments, providing investors exposure to digital assets.

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  Posted by u/ 11 months ago

Yield Farming Resurgence Fuels DeFi Boom with 70% Crypto Yields

In the fast-paced world of cryptocurrency, the yield farming resurgence is once again gaining attention for its high returns. Platforms like GMX and Binance are enticing users with double-digit incentives, reigniting interest after a period of stagnation.

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  Posted by u/ 11 months ago

Jump Crypto CEO Under Investigation For Alleged Secret Deal Amid TerraUSD Collapse

The SEC is investigating whether Kanav Kariya, the former Jump Crypto CEO, entered into a secret agreement with Do Kwon, the president of Terraform Labs, during the collapse of the stablecoin TerraUSD.

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