Posts published on June 29, 2023 go to media archive 2/4
LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says
LayerZero CEO Bryan Pellegrino is optimistic about the future of the blockchain industry and the “really important plumbing” LayerZero provides for it.
Fidelity Refiles For Spot Bitcoin ETF, Joining Peer Institutions
In a recent flurry of events indicating growing institutional interest in Bitcoin, Fidelity Investments has refiled its application for a spot Bitcoin ETF. This move comes after several other major players in the financial industry have also made…
6 Factors Advisors Should Consider Before Using an SMA for Digital Assets
Separately Managed Accounts (SMAs) are a good way for FAs to manage digital assets, but advisors should fully understand the trade-offs.
Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits
The layer 2 blockchain pioneered by Nasdaq-listed crypto exchange Coinbase has detailed the security testing taken ahead of its public launch later this year.
Inflection AI raises $1.3B in funding led by Microsoft and Nvidia
The company has raised $1.525 billion in funding since its inception last year.
CME Group Announces Plans to Launch ETH to BTC Ratio Futures
Derivatives exchange CME Group plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators, the company announced Thursday.
Bitcoin Firm Coinbits Suspends Operations Amidst Custodian Prime Trust’s Financial Woes
The cryptocurrency firm and bitcoin investment app, Coinbits, has announced the suspension of its services due to complications involving the Nevada-based custodian, Prime Trust. Following accusations of insolvency and breaches of fiduciary…
How to start a career in artificial intelligence
Discover how to kickstart a career in AI by building a strong foundation through AI courses, gaining practical experience with projects and more!
Fidelity Refiles for Spot Bitcoin ETF
Asset manager Fidelity filed paperwork TK WHEN with the Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund (ETF) which will be traded under the name TK.
Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation
Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National…
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature…
Bitcoin Bulls Battle Against Miners’ $128 Million Move: Is The Bull Run In Danger?
Biggest Movers: SOL Gains 10%, BCH Hits Fresh 1-Year High
Solana surged 10% on June 29, after it was confirmed that a new cross-chain bridge will allow users easier access to other blockchains. The update from Debridge will reportedly enable solana users to access ethereum’s virtual machine for the…
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said.
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
The new Ethereum scaling solution’s architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, including an emphasis on zero-knowledge technology that has become one of this year’s hottest blockch
Solana’s Cardinal shuts down, citing economic conditions
According to the protocol’s closing schedule, part of the operations will cease on July 19, while the withdrawal period ends on Aug. 26.
The SEC is targeting Coinbase, Binance as proxies in its war on crypto
SEC Chair Gary Gensler’s lawsuits against Coinbase and Binance are a turning point for crypto — and an opportunity to fight back.
Bitcoin traders say BTC price will soon break beyond $31K yearly highs
BTC price sideways trading is not dampening the optimism of Bitcoin traders prior to a giant options open interest expiry.
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
Gary Vaynerchuk-Backed Candy Digital and Web3 Production Company Palm NFT Studio Announce Merger
Working together under the Candy Digital name, the two startups will bring their digital experiences within sports, entertainment, arts and culture across major brands including MLB, NASCAR, Netflix and more.
Analyst’s Forecast: Bitcoin (BTC) To Hit $310,000 If This Happens
The crypto community is currently in a state of constant speculation as renowned analyst Willy Woo sets forth a prediction suggesting Bitcoin could potentially scale up to a price of $310,000 under a specific set of circumstances. Woo’s…
9 key steps for ensuring compliance with incoming MiCA regulations
Crypto companies operating in the EU must begin work now to comply with MiCA and assess how it might affect their global operations.
Decentralized Exchange PancakeSwap Goes Live on Polygon zkEVM Blockchain
This will be the popular DEX’s fourth blockchain after Ethereum, Aptos and BNB Chain.
UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June…
Altcoin Whales Show Highly Active Day, Volatility Incoming?
On-chain data shows that altcoin whales have been highly active recently, something that could lead to volatility in the prices of these assets. Altcoin Whales Have Displayed One Of The Most Active Days Of 2023 According to data from the on-chain…
AI Eye: AI travel booking hilariously bad, 3 weird uses for ChatGPT, crypto plugins
ChatGPT and Bard can help you book fictional hotels and awful 29-hour flights, 3 bizarre uses for AI, and do crypto plugins actually work?
Canadian Lawmakers Call for National Blockchain, Crypto Strategy
The government should recognize blockchain as an emerging industry with "significant" long-term economic and job creation opportunities, a lawmaker committee on industry and tech said.