EU banking watchdog proposes liquidity rules for stablecoin issuers
The proposed guidelines are currently in the public consultation phase for the next three months and, if approved, will come into effect starting in June 2024.
Posts published on November 8, 2023 go to media archive 4/4
Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4
Cardano (ADA) is one of the tokens currently in the limelight as many projects do well in the ‘Atcoin Season’ as Bitcoin’s dominance cools off. The token has rallied in recent days, and one of the reasons for this resurgence has been revealed. …
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.
‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023
The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto.
BIS general manager urges central banks to “lead innovation” for CBDCs
Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation.
Exploring The Resurgence Of BNB: Unveiling The Force Behind Renewed Interest
Binance Coin (BNB) has experienced a notable resurgence in the last few weeks, sparking a renewed interest in the cryptocurrency market. With its versatile applications and growing popularity, BNB has captured the attention of influential…
Expobank Issues First Tokenized Diamond Offering in Russia
Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them…
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.
Blockchain’s positive impact on sustainable development: Solana Breakpoint
Regenerative economy and finance projects are tapping into blockchain technology for increased utility, transparency and decentralization.
HSBC taps Ripple’s Metaco to launch security token custody
HSBC has partnered with Ripple-owned tech firm Metaco to allow institutional investors to hold tokenized securities on its new custody platform.
Swiss crypto bank SEBA gets Hong Kong SFC license
SEBA Bank began its quest for Hong Kong expansion in late 2022, setting up an office in November, with the firm obtaining an in-principle approval to offer virtual asset trading services by August 2023.
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.
Robinhood eyes European expansion amid Q3 revenue drop
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform.
El Salvador Bitcoin ATM network to receive Lightning Network upgrade
Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months.
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.
Cardano upgrade delays tied to ‘boring’ academic approach — CEO
Cardano Foundation CEO Frederik Gregaard told Cointelegraph that the pieces of research that the network has “spent years of doing and implementing” are already being used by some of the fast-moving blockchain platforms.
End of Line for BSV on Coinbase, Exchange to Delist Crypto in January 2024
Coinbase has announced it will be removing bitcoinsv (BSV) from its platform, having informed its clientele through an email notification. BSV, which was created following a hard fork from the Bitcoin Cash protocol on November 15, 2018, will no…
Defensive Moves: XRP Bulls Firmly Shield $0.66 Before Ripple Swell 2023
XRP, the cryptocurrency associated with Ripple, has been making headlines in recent trading sessions as it grapples with a critical support level and the challenges of overbought territory. Despite its struggles, XRP has managed to maintain its…
Crypto banking app Bitwala relaunches via new partnership with Striga
European crypto-banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations in 2022.
UAE central bank to penalize unlicensed virtual asset service providers
UAE lawyer Irina Heaver explained that the new guidance is part of the UAE’s efforts to be removed from the Financial Action Task Force’s (FATF) “grey list.”
Market Makers Bet Big On Bitcoin Price Surge: Expert
In a series of insightful observations, Adam Cochran, a renowned expert in the field of cryptocurrency and founder of Cinneamhain Ventures, recently shared his analysis on the relationship between Bitcoin price movements and US Treasury auctions…
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.
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.
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.
Hong Kong Considers Allowing Trading of Spot Crypto ETFs
Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission…
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.
Binance launches Web3 wallet for its 120M registered users
The Binance Web3 wallet has been launched within the primary Binance app, which is predominantly used for trading cryptocurrencies.
Bitcoin ‘short squeeze’ sends BTC price to $35.9K as OI stays elevated
More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000.