Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities and Exchange Commission filing outlines a proposal that’s turning heads. Advanced by the National Center […] Original
Day: October 25, 2024
Flare launches Blockchain Machine Images on Google Cloud
Flare, the blockchain for data networks, has unveiled a new tool designed to enable rapid and low-cost deployment of blockchain nodes. Blockchain Machine Images, a node-as-a-service solution, is Flare’s (FLR) latest product that allows web3 developers to access faster node deployment via Google Cloud’s marketplace. With Blockchain Machine Images, it’s now easier to power decentralized applications, blockchain platforms, and data streams. The solution supports Bitcoin (BTC), Ethereum (ETH) and Avalanche (AVAX) among other top blockchain networks. According to details the Flare team shared on Oct. 25, blockchain developers can leverage…
Aggregation Is the Only Way to Unify Web3
Blockchains are stuck in silos, fragmenting liquidity and making for a clunky user experience. It’s time to tear down the walls. Source
Tokenized Treasuries Like Blackrock’s (BLK) BUIDL Will Challenge Stablecoins But Won’t Fully Replace Them, JPMorgan (JPM) Said
The report also said the amount of “idle cash” within stablecoins is hard to calculate, but it is unlikely to “represent the majority of the stablecoin universe.” For this reason, tokenized treasuries, such as Blackrock’s BUIDL, will likely only replace a small part of the stablecoin market, JPMorgan noted. Source
Netherlands Starts Consulting on Crypto Tax Reporting Bill
The Netherlands launched a consultation on Thursday on a bill that would require crypto services to share their users’ data with tax authorities. Source
New Blockchain From Kraken Expected To Debut In Early 2025
US-based cryptocurrency exchange Kraken, the sixth largest trading volume, is gearing up to launch its blockchain, Ink, in early 2025. This new platform aims to facilitate decentralized applications (dApps), enabling users to trade, borrow, and lend tokens without intermediaries. Kraken’s Ink Blockchain Goals According to a recent report by Bloomberg, Ink will utilize technology similar to that of Coinbase’s Base, which has rapidly emerged as one of the largest DeFi platforms since its launch over a year ago. Andrew Koller, the founder of Ink, stated that a testnet will be…
Bitcoin To Hit $125,000 If Trump Wins: Standard Chartered
Este artículo también está disponible en español. In a research paper dated October 24, Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, predicts that Bitcoin could surge to $125,000 by the end of the year if former President Donald Trump secures victory in the upcoming US presidential election. When Bitcoin Could Hit $125,000 Kendrick’s analysis hinges on the interplay between Bitcoin’s price movements and the US political landscape. “We use daily BTC vol levels and popular strike levels to estimate post-election price moves,” he states in…
Tether Proposes Establishing Tokenized Boron Commodity Markets in Turkey
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country’s boron markets by utilizing tokenization and establishing a national exchange for boron transactions. Tether Pitches Boron Tokenization Proposal in Turkey Tether, one of the largest cryptocurrency […] Source BitcoincryptoexchangeExchanges CryptoX Portal
CoinDesk 20 Performance Update: APT Falls 2.7%, Leading Index Lower
NEAR Protocol also joined Aptos as an underperformer, falling 2.2% from Thursday. Source
Tether unveils disappearing Bitcoin creator’s statue in Switzerland to honor legacy
Stablecoin issuer Tether has unveiled a disappearing statue of Bitcoin’s creator, Satoshi Nakamoto, at the Plan ₿ Forum, celebrating the mystery and legacy of the crypto pioneer. Tether (USDT), the firm behind the largest stablecoin by market capitalization, revealed a life-sized statue of Bitcoin’s anonymous creator, Satoshi Nakamoto, at the 3rd Annual Plan ₿ Forum in Lugano, Switzerland. In a blog announcement on Oct. 25, the USDT issuer stated that the event was held “in honor of the vision and legacy of the anonymous creator of Bitcoin.” Bitcoin’s creator Satoshi…