Global clearing house LCH, which was acquired by the London Stock Exchange Group (LSEG), has named Patrick Strobel its Chief Technology Officer. Strobel, who has been with LSEG as the Head of SwapClear and Regulatory Reporting Technology for more than three years, announced his latest career move today. Experience from Major Brands According to Strobel’s profile, he also held the role of Head of Securities Technology and UnaVista until 2022. The veteran executive has also worked for other major industry brands in the past, including Liquidnet, Deutsche Bank, and JPMorgan.…
Month: July 2024
What Still Needs to Happen Before Spot Ether ETFs Can Trade
Hours before the spot bitcoin ETFs were approved by the SEC in January, one of the listing exchanges, Cboe, added the funds to its “New Listings” page, saying that was “standard procedure” before the approval of a new ETF. If so, given that five of the potential ether ETFs will be listed on Cboe, we may well see a similar situation happening on the day that these ETFs receive approval. Source
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet now holds 22,846 BTC following multiple transfers and deposits […] Original
Here’s What The Data Says About Buying The Dip
The on-chain analytics platform Santiment has provided useful insights for investors considering buying the Bitcoin dip. The platform suggested that the worst might not be over as the flagship crypto could still experience further dips from its current price range. To Buy Or Not To Buy The Bitcoin Dip? In an X (formerly Twitter) post, Santiment mentioned to those considering buying the dip that market participants also anticipate a rebound. They added that these dramatic dips, like the one Bitcoin recently experienced, are usually met with FUD (Fear, Uncertainty, and…
Hexagate and eOracle launch Gate Protocol Security Oracle
Hexagate just introduced The Gate Security Oracle, which is developed on the eOracle stack, the top AVS on EigenLayer. This development marks the introduction of the first-ever decentralized machine learning (ML)-based security protocol. In the world of DeFi, trust and security remain crucial. Many projects have had to sacrifice decentralization to ensure functionality and security by extensively depending on external data. This often results in weakened security and challenges in building user trust and reputation. The Actively Validated Services (AVS) from EigenLayer will solve this issue. By utilizing the security…
Chainalysis’ Jackie Burns Koven Discusses Blockchain Security on Accel Spotlight Podcast
In a special episode of the Public Key podcast, Jackie Burns Koven, Head of Cyber Threat Intelligence at Chainalysis, shared her insights on blockchain security and the evolving threat landscape with Amit Kumar, Partner at Accel, according to Chainalysis. Building Trust in New Technologies Koven highlighted the challenges and opportunities in building trust in emerging technologies. She discussed how Chainalysis has been pivotal in solving high-profile criminal cases and expanding consumer access to cryptocurrency since its launch in 2014. Koven joined Chainalysis in 2019 after…
Top Crypto VC Polychain Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain was founded by Olaf Carlson-Wee, the first employee of crypto exchange Coinbase, and is one of the largest and best-known crypto venture firms, with more than $11 billion in assets under management. Pant was a general partner there from 2017 to 2023, tasked with steering the firm’s venture money into promising crypto startups. Source
Lionel Messi Promotes Obscure Meme Coin on Instagram, Leading to 350% Surge for WATER Price
Messi shared an image displaying the token’s mascot, a cartoon glass of water, perched on his shoulder, with a link to the project’s Instagram page on Monday. WATER jumped from $0.00032 to $0.00146 in the two hours following the post, a surge of 356%. Source
Bitcoin is holding support and ready to make another run at a record, according to the charts
Bitcoin has pulled back in recent weeks following the announcement that creditors to the collapsed Mt Gox exchange will be returned approximately $9 billion of bitcoin and the fear is that supply will hit the market. That pullback has materialized and according to our Elliott Wave analysis of the bitcoin chart, support has possibly been formed in the zone of $59k – $49k. If successfully defended, this sets up a third attempt to break through the formidable $65k – $73k resistance zone. In fact, we just added a 2% holding…
Moonpay Partners With Mesh to Enhance Crypto Accessibility
Moonpay has announced a new partnership with Mesh, aimed at simplifying the process of depositing and transferring crypto assets from centralized exchanges. This collaboration seeks to enhance liquidity and accessibility for users across the crypto industry. Moonpay and Mesh Partner to Expand Crypto Payment Options Moonpay, a leading provider of fiat-to-crypto services, has teamed up […] Source BitcoincryptoexchangeExchanges CryptoX Portal