“The methane naturally produced from landfills, biowaste, and elsewhere is often stranded, and Bitcoin miners like Marathon are uniquely positioned to help convert this harmful gas into a productive source of clean, renewable energy,” Marathon Chairman and CEO Fred Thiel said. Original
Day: November 2, 2023
Hong Kong’s SFC Greenlights Some Tokenized Securities-Related Activities
“SFC has been assessing various proposals on tokenization of SFC-authorised investment products, for example, some for primary dealing of a tokenized product (i.e., subscription and redemption) and some for secondary trading of a tokenized product on an SFC-licensed virtual asset trading platform,” the SFC said. Source
First Mover Americas: SEC Subpoenas PayPal About USD Stablecoin
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
ShibaSwap And Pawzaar Unleash New Features
In a significant development for the Shiba Inu community, the much-anticipated upgrades for ShibaSwap 2.0 have been teased with fresh details, and NFT marketplace Pawzaar has announced a new approach to SHIB burns that aims to bridge tokens from Shibarium back to Ethereum. Here’s the latest Shiba Inu news. New Features For ShibaSwap 2.0 The Shiba Inu ecosystem is abuzz with anticipation as the marketing lead Lucie hinted at innovative features for the upcoming release of ShibaSwap 2.0. In a statement that caught the attention of crypto enthusiasts, Lucie said:…
SafeMoon hacker’s use of centralized exchanges could help law enforcement: Match System
SafeMoon, a decentralized finance project exploited in March, resulting in a net loss of $8.9 million in BNB, has been charged by the United States Securities and Exchange Commission and its key executives for security rules violations and frauds. The funds associated with the exploit have been on the move via centralized exchanges and Match System, a blockchain analytic firm, believes these transfers via CEX could become critical for law enforcement agencies. Sean Thornton from Match System told Cointelegraph that they suspect centralized exchanges were used as an intermediate link…
Swiss Bank SGKB Partners with SEBA Bank to Bring Bitcoin and Ethereum Trading to Clients
The Swiss banking industry has been incredibly receptive to crypto with many local banks adding cryptocurrency services to their offerings. Swiss bank St.Galler Kantonalbank (SGKB) has launched Bitcoin and Ether trading with plans to add more cryptocurrencies in the future based on client feedback. The cryptocurrency service is made possible by a partnership with crypto-focused bank SEBA and comes after a brief testing period earlier this year. Launched on November 1, the service is currently available to a select group of clients. The service is St.Galler Kantonalbank’s (SGKB) first foray…
First Viewing of Immersive NFTs
Dear Crypto fam, today we are looking into an event put on by an amazing couple, coming up in the Dubai NFT scene. Team VESA and Vernissage have become fast friends, as the two entities share a similar vision for fine art NFTs and maturing of the market. VESA co-Founder Lotta has also helped Vernissage in storifying their message, some of which is showcased here. It has been an absolute delight to see Vernissage grow and this article is our token of appreciation in anticipation of their debut exhibit. …
Hong Kong issues rules for asset tokenization as interest mounts
The Securities and Futures Commission (SFC) of Hong Kong has issued two circulars to regulate digital asset tokenization. The circulars offer instructions to intermediaries participating in tokenized securities activities and outline the criteria for tokenizing investment products authorized by the SFC. The SFC considers tokenized securities as traditional securities with a tokenization layer. As a result, the exact legal and regulatory requirements that apply to conventional securities markets also apply to tokenized securities. The regulator specified that tokenized securities offerings must adhere to the Companies Ordinance’s Prospectus Regime and the Securities and…
UK FCA Releases Guidance on Promotions Rules for Crypto
The Financial Conduct Authority’s new regime took effect on Oct. 8, and the regulator has been consulting on guidance since June. Under the new rules, firms are required to include appropriate risk warnings on all their communications to U.K. customers that have a “promotional” element. Source
UK’s National Crime Agency NCA Is Looking to Hire Six Crypto Specialist Investigators
“The role will support existing and new investigations where specialist cryptocurrency experience is required along with taking a proactive lead in identifying targets for further development,” the posting said. The job will sit within the National Cyber Crime Unit or digital asset team. Source