People familiar with the matter told Bloomberg that Stefan Hoops, the CEO of the division, known as DWS Group, has entered into negotiations to buy a minority stake in Deutsche Digital Assets, a provider of exchange-traded products, as well as trading firm Tradias, which is owned by leading securities trading bank and market maker, Bankhaus Scheich. Source
Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Trading. Original
After a turbulent 2022 in the crypto sector, people are hoping for brighter times in 2023. For the fourth consecutive year, Cointelegraph is unveiling its list of the Top 100 most influential in the crypto and blockchain space, weighing the impact of 2022 and the potential ahead for 2023. Over the course of the next three weeks, Cointelegraph will release the listโs entries, starting from 100. DISCOVER COINTELEGRAPHโS TOP 100 IN CRYPTO AND BLOCKCHAIN 2023 The Top 100 comprises the 100 most impactful players in crypto and blockchain. Each entry…
“The Movants are authorized under Bankruptcy Rules 2004 and 9016 to issue subpoenas to the any or all of the Insiders for the production of documents, electronically stored information, or tangible things, including those responsive to the Requests,” he wrote. Source
Polygon rose to its strongest point since last April, as prices rose by as much as 6% on Feb. 8. The token surged for a second straight session, after snapping a three-day losing streak on Tuesday. Cosmos also surged higher in todayโs session, as it moved closer to recent highs. Polygon (MATIC) Polygon (MATIC) extended a recent rally on Wednesday, with prices jumping to a ten-month high. Following a low of $1.22 on Tuesday, MATIC/USD raced to an intraday high of $1.31 in todayโs session. Todayโs move saw MATIC/USD climb…
Decentralized financeโs (DeFi) use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new research report from credit rating agency S&P Global Ratings.ย The financing of real-world assets, or RWAs, will likely be a key focus area for DeFi protocols moving forward, S&P said in a report titled โDeFi Protocols For Securitization: A Credit Risk Perspective.โ Although the industry is still in its nascent stages, S&P highlighted several benefits DeFi could bring to securitization, including…
Without Custodia in this mix of bank-related crypto news, Iโm not sure this piece of the news cycle would have anything worth paying close attention to for long. A lot of crypto is predicated on trading, gambling and โnumber-go-up technologyโ butting up against nebulous financial securities laws โ so skittishness around Binance, Signature and Juno doesnโt raise eyebrows on its own. Source
CryptoX – Cryptocurrency Analysis and News Portal David Leichtman, Leichtman Law managing partner, told CryptoX TV on Tuesday that the case wasnโt necessarily about Mason Rothschildโs use of the protected Birkin brand. Rather, it was about whether he intended to mislead consumers into believing the MetaBirkin NFTs were associated with Hermรจsโ flagship product. Source The post Hermรจs Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators appeared first on CryptoX. CryptoX Portal
With $1.26 trillion in volume, Binance continued as the largest derivatives exchange in January, followed by Bybit which saw a 115% increase to $301 billion (the only integrated derivative exchange with triple digit month-on-month growth). Bybit recorded its highest-ever market share in derivative markets at 14.6% in January. Source
โIt remains the case that no relevant ‘work’ has been identified containing content which defines the structure of the Bitcoin File Format,โ though Wright and the two investment companies making the claim had been given โample opportunityโ to do so, Mellor added. Original