Coinbase Custody is a service offered by the crypto exchange that allows institutional investors to store large amounts of tokens, such as bitcoin, in a secure wallet. It will serve as the custodian for bitcoin held on BlackRock Bitcoin ETF, if the request is approved by regulators. Source
The license will allow Ripple to provide better support to its “forward-looking customers”, as well as facilitate the process of building a “more inclusive and borderless financial system”. Blockchain solutions provider Ripple has been granted in-principle approval of the Major Payments Institution License from the Monetary Authority of Singapore (MAS). As a result, its subsidiary in Singapore – Ripple Markets APAC Pte Ltd – is one of a few companies that can operate in the country and offer regulated digital payment token products and services to citizens. Ripple CEO Brad Garlinghouse commented: “Singapore…
A flood of spot Bitcoin ETF applications coming from the wealthiest asset managers of the world has fuelled investor optimism with BTC price gaining more than 20% in the last three days. The world’s largest cryptocurrency Bitcoin (BTC) continues with its price rally gaining another 5% in the last 24 hours and shooting past $30,000. As of press time, BTC is trading at $30,286 with a market cap of $588 billion. This week’s price rally in BTC comes amid a flood of spot Bitcoin ETF applications making their way to…
The traditional finance giant has been rumored to be seeking the status for years. Source
Intel is putting a major push towards focusing on its foundry business and closing the gap with chip-manufacturing giants like TMSC. During Wednesday’s trading session, June 21, Intel (NASDAQ: INTC) stock tanked by 6% ending the day at $32.90 levels. This happened as the Intel company announced a major turnaround plan in order to become a chip manufacturing giant and compete with the likes of Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained that the company would soon be changing the way it reports its financial results…
“The NFT craze is, in part, due to the verifiable ownership and scarcity that digital items on the blockchain offer,” Kusama explained in the update. “But, what about physical objects? As mass adoption unfolds (preferably on Shibarium), and scammers move from wallets to tangible items, how will we authenticate these items?” Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) has witnessed significant falls over the past month. With the many BTC-related exchange-traded funds (ETF) filings, the digital gold broke the $30,000 barrier while taking the broader market in green. Data shows that the current bull run gained traction as the bitcoin whale transactions reached three-month highs. According to data provided by the market intelligence platform Santiment, whales have moved 259 transactions worth at least $1 million each. Per Santiment, the transactions came around…
Lawyers representing Binance.US, Binance Holdings Limited, and CEO Changpeng “CZ” Zhao have filed a motion alleging that the US Securities and Exchange Commission (SEC) misled the public with statements made in an ongoing securities lawsuit. In a recent filing in the US District Court for the District of Columbia, the legal teams for Binance, Binance.US, and CZ claimed that the SEC had made “misleading” statements in a press release on June 17. The motion calls for the SEC to adhere to “applicable rules of conduct.” The filing specifically referred to…
Germany’s foreign intelligence agency the Bundesnachrichtendienst (BND) has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent. Earlier in June the Federal Intelligence Service launched its “Dogs of BND” collection — 999 dog NFTs inspired by BND’s guard and security dogs as well as “different intelligence roles.” According to the BND’s website, the NFTs are only collectible by finding a character string — which it posted on Instagram that points to an Ethereum address. The cyber talent would need to use that…
Chainlink, a web3 services platform, has published its Q2 2023 product update. The update focuses on three pillars: data, computing, and cross-chain capabilities. Chainlink’s Data Feeds and Data Products offer reliable on-chain information about external events, supporting the growth of on-chain finance and the tokenization of real-world assets. Noteworthy recent deployments include rate and volatility data feeds, enabling pricing, trading, and settlement of tokenized assets and on-chain derivatives contracts. Chainlink Functions, a developer platform, empowers intelligent contract developers to connect their contracts with external data sources and run custom computations.…