Ripple Expands Custody Business to Offer 'Bank-Grade' Service to Crypto Firms
The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.
Posts published on October 10, 2024 go to media archive 3/5
Dip in trading at Binance and other major crypto exchanges confounds experts
Experts are having trouble explaining why trading is slumping at the same time that Bitcoin prices rise. Are geopolitical tensions to blame.
Bitcoin price must leave $60K range 'to re-awaken supply' — Market analyst
Bitcoin’s consolidation around $60,000 has investors sidelined, with a new price range needed to spark activity, according to an analyst.
The U.S. Fell Behind in Crypto. It Cannot Afford to Fall Behind in AI
The U.S. digital assets industry has been stymied by ineffective regulation. Is the same thing about to happen with artificial intelligence? Calanthia Mei, co-founder of Masa, says it's possible.
Solana Blockchain On Fire, Registers 11% Growth In Just One Week
Solana is once again in the headlines, this time for having a major surge in development activity, keeping it ahead of its competition with Arbitrum and Avalanche. According to Santiment, the development activity regarding Solana has increased by…
Ronin to secure cross-chain bridge with Chainlink CCIP
Ronin said the Chainlink CCIP integration would reinforce its bridge’s security and free up resources to accelerate Its adoption.
FBI accused of violating MIT License in smart contract code usage
The FBI has faced claims over the improper use of OpenZeppelin’s libraries in its smart contracts, sparking legal concerns.
CoinDesk 20 Performance Update: UNI Surges 10.4%, While Index Trades Mostly Flat
Aptos was the weakest performer, falling 6.9%
Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither…
Dubai’s crypto regulator cracks down on unlicensed firms
Dubai’s Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations.
Ubisoft set to launch its first Web3 game on Oasys blockchain
Ubisoft enters the Web3 space with Champions Tactics, a tactical RPG leveraging blockchain for player-owned assets and unique champions.
1win Token Reaches 24 Million Users: The Reasons Behind Its Rapid Growth
The 1win Token, a fast-growing digital currency, has recently surpassed a remarkable milestone of 24 million users. This rapid growth reflects its solid foundation in the iGaming industry and the wide range of utilities it offers, making it one of…
Aethir launches $100M fund to accelerate AI, gaming innovation
Aethir’s new fund will distribute 336 million ATH tokens as it aims to revolutionize AI and gaming with advanced GPU access.
Why Is Bitcoin Price Stagnating? Investment Firm CEO Answers
The stagnation of the Bitcoin price despite the first rate cut by the US Federal Reserve since 2020 has perplexed many investors and traders within the market. In a new post on X, Andrew Kang, CEO of Mechanism Capital addressed the disproportionate…
Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech
The news is in line with the ongoing trend that's hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.
South Korean Upbit crypto exchange faces monopoly probe
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank before the latter’s IPO, which is expected in late October.
Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?
The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.
First Mover Americas: Bitcoin Returns to $61K Ahead of September CPI Report
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Analyst Warns Of Bitcoin Market Shift: Are We Near A Major Sell-Off?
Bitcoin has recently seen quite an interesting trend in its key metrics suggesting a significant movement ahead, according to a post by CryptoQuant analyst Amr Taha. The post, shared on the CryptoQuant QuickTake platform, highlights notable changes…
Fetch.ai, Imperial College partner to launch AI lab
Fetch.ai partners with Imperial College London’s I-X Hub and launches a $10 million fund for AI startups and innovative tech development.
47% of traditional hedge funds maintain crypto exposure: Report
A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence.
Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities
Dubai's Virtual Assets Regulatory Authority (VARA) issued cease-and-desist orders and accompanying fines to seven entities for operating without the required licenses and breaching marketing regulations.
National Bank of Bahrain Launches Bitcoin Investment Product
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s…
Discover Smart Crypto Gaming With Fairspin: Rich Bonuses, Top Features and Passive Income Streams
PRESS RELEASE. Fairspin Casino is revolutionizing the online gaming landscape with its innovative approach to cryptocurrency gambling. Since its inception, Fairspin has become one of the most innovative crypto gaming hubs globally. With over 9,400…
Worldcoin Drops 6% Amid Alameda Research 1.5 Million Token Sale, Will WLD Price Hold?
Worldcoin, the crypto project co-founded by OpenAI’s CEO Sam Altman, recently saw its token’s price drop over 6% following Alameda Research’s continued sales. Some analysts believe WLD’s price could continue to move sideways before recovering its
OpenAI may not turn a profit until 2029 despite rapid growth
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep.
P2P Exchange El Dorado Debuts Gasless Tron-Based USDT Transactions in Latin America
El Dorado, a Latam-focused peer-to-peer (P2P) exchange, has partnered with Tron DAO to offer gasless TRC20-USDT transactions for its customers. Until October 30, each user will be able to perform a limited number of withdrawals with no costs…
Exploring the power of Web3 for better lifestyles: Insights from VeChain and Puffpaw
On the latest episode of the Hashing It Out podcast, VeChain and Puffpaw execs discuss how blockchain can incentivize positive behavior changes.
Ripple launches digital asset custody services for banks and fintech
Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business.