Day: December 21, 2023

COIN Receives VASP Registration From French Regulator AMF

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Shiba Inu Eyes $0.00002 As Shibarium Marks Momentous Milestone

boss

Shibarium, the Shiba Inu Layer 2 network, has been marking milestone after milestone over the last few weeks. The initial growth spurt which some believed was temporary has proven to have more steam than expected, and now the network has reached a momentous milestone. Shibarium Crosses 150 Million Transactions After its initial launch, the Ethereum-based layer 2 network from the Shiba Inu team had seen a notable decline in usage. This would persist for a few months until the market began to pick back up in December again. Once this…

Demand for DVT Sends SSV.Network Past $150M in Staked ETH

Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV. Ethereum stakers are rapidly warming to Distributed Validator Technology, which is becoming a mainstay of the staking landscape. Following its introduction by SSV.Network, staking operators, and validators have been swift to embrace the technology for the benefits it brings in terms of performance and security. $150M is now staked in SSV either directly or through third-party apps that use the network’s open-source technology. This constitutes over 67,000 in staked ETH…

Ethereum Emerges as a Key Blockchain for Tokenized Real-World Assets

Ethereum’s flexible design and its multi-year plan for upgrades, including ones that will improve interoperability, have made it a popular platform for digital bond issuances. Large institutions such as the European Investment Bank have issued bonds on Ethereum, which was also the blockchain underlying a digital green bonds Moody’s rated in 2023, a €10 million senior unsecured digital green bond issued by Société Générale. Over time, in Moody’s view, public blockchain networks like Ethereum and traditional infrastructure will be more interlinked, which will enhance blockchains’ use cases, promoting industry growth.…

Hashdex submits new S-1 for Bitcoin ETF attempting cash-only applications

boss

Hashdex has recently filed a new S-1 for their Bitcoin ETF to make DEFI a cash-only create and redeem application pioneer. Initially reported by James Seyffart, a Bloomberg Intelligence analyst, DEFI currently trades and aims to add spot Bitcoin exposure. Don’t see anything drastically new in here honestly. Still don’t see anything about who they will use as spot Bitcoin custodian which is what i’m most interested in seeing. — James Seyffart (@JSeyff) December 21, 2023 At the same time, Seyffart also notes that details on the spot Bitcoin custodian…

The Crypto Museum is Being Built: Here’s What You Need to Know

boss

A monumental venture is underway in the crypto industry: the construction of the Crypto Museum. This unique initiative aims to create a vibrant, interactive space dedicated to the rich history and dynamic future of cryptocurrencies and blockchain technology. As a hub for education, preservation, and innovation, the Crypto Museum promises to be a cornerstone in the new narrative of digital finance. Scope and Goals of Crypto.Museum The Crypto Museum is not just a celebration of the past; it’s a roadmap for the future. Here are its key goals: Preserve Crypto…

US Weekly Job Claims Edge Up Slightly amid Robust Labor Market, GDP in Q3 Increases at 4.9%

The Bureau of Economic Analysis reported that GDP increased at a 4.9% annualized rate in Q3, slightly below the previously reported 5.2% pace. The latest report from the United States Labor Department reveals a marginal increase in weekly jobless claims, with the number rising by 2,000 to 205,000 for the week ending December 16. While this uptick might raise eyebrows, it is important to note that the overall trend remains at historically low levels, indicative of a labor market that has defied expectations amid challenging economic conditions. The US Economic…

Merit Circle DAO Announces BEAM Investment Partnership with Framework Ventures

The partnership between Framework Ventures and Merit Circle will involve locking up BEAM tokens to receive USDC usable for investments. Gaming and metaverse-focused decentralized autonomous organization (DAO) Merit Circle has announced a partnership with San Francisco-based venture capital firm Framework Ventures. According to the announcement, Merit Circle’s collaboration with Framework will see the latter invest in Merit via BEAM tokens. After the acquisition, BEAM tokens will be sent to the treasury, with some sold to strategic investors. The announcement specifies that the tokens will be diversified so that some trusted parties can access…

Crypto Training Demand Reach New Heights among Law Enforcement

In addition to the expected surge in crypto-related probes, the survey uncovered a noteworthy trend in the adoption of blockchain analytics tools.  According to a survey conducted by TRM Labs, 93% of law enforcement agencies worldwide are currently engaged in crypto training programs, with an overwhelming 99% expressing the urgent need to enhance their education to combat illegal activities within the industry effectively. The study titled “Tackling Crypto Crime” was carried out by an external polling company between October and November 2023 to delve into the complexities of crimes involving…

A 2024 Market Guide for Financial Advisors

A. Many people who look to invest in digital assets come from a traditional financial markets background and are often surprised by the complexity and fundamental differences between the two. Crypto is a nuanced and highly fragmented market, with hundreds of centralized exchanges globally. Yet only about 20 capture significant volumes, and then about five get most of the trades. The largest exchanges with the deepest liquidity are based outside of the U.S. At the same time, there are just three relevant exchanges based in the U.S. Additionally, there are…