Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month. Source
Category: ICO
Crypto Exchange Coinbase (COIN) Had a Blowout First Quarter: Analysts
“While we believe investors must remain level-headed around the ebbs and flows of enthusiasm into the industry, which often coincide with fluctuations in price, we see a number of underlying trends supporting our positive thesis that Coinbase will be a relevant player in virtually all aspects of the crypto economy,” JMP analysts led by Devin Ryan wrote. Source
Kraken’s Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
The CEO of CF Benchmarks, a unit of cryptocurrency exchange Kraken, predicts that despite an inauspicious beginning, crypto exchange-traded funds (ETFs) in Hong Kong will reach $1 billion in assets under management (AUM) by the end of 2024, Bloomberg reported on Friday. Source
Registration opens for ICO annual conference
The Information Commissioner’s Office (ICO) will hold its annual Data Protection Practitioners’ Conference (DPPC) online on Tuesday 8 October. Whether it’s your first time or you’re a DPPC regular, this FREE event will have something for you regardless of experience level, sector or specialism. The DPPC will include content on both data protection and freedom of information legislation and is the only information rights conference where you’ll hear directly from the regulator throughout the day. Our delegates are on the frontline of information rights – helping stop cyber-attacks, preventing personal…
Friend.Tech’s Native Token FRIEND Tanks to $2.5 After Airdrop
“Most users got 10x less airdrop than what they were expecting, so they are not even claiming that airdrop, as its less than 200$ for most of the retail investors,” Malviya told CoinDesk in a direct message on X. “But at the same time few people ended up making crazy amount. So its a clear case of very concentred airdrop where leading creators took the most supply home through airdrop, leaving retail in disguise.” Source
Block (SQ) Adding More Bitcoin (BTC) to Balance Sheet
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Tether Enters USDT Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The surveillance system includes international sanctions compliance and illicit transfer detection that could be associated with activities like terrorist financing, and would help Tether identify crypto wallets that could “pose risks or may be associated with illicit and/or sanctioned addresses,” according to Tether’s blog post. Source
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan (JPM) Says
Cryptocurrency markets have seen significant profit taking in recent weeks, with retail investors playing a bigger part in the sell-off than institutional investors, the report said. Bitcoin fell 16% in April, the biggest monthly decline since June 2022. Source
Crypto for Advisors: Digital Asset Custody’s Future
One of the most flexible options out there, MPC is not limited to a specific network by a smart contract, but it does require trust in potentially opaque partners. MPC is closer to the base layer of crypto, the private key entropy, and all the participants in an MPC wallet participate together to recreate the private key, instead of having multiple private keys send their own valid signatures. There’s Qredo and Lit protocols for those who are more technically savvy, which are fully decentralized solutions, but for advisors that want…
MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals
MicroStrategy has already built one application using its service. “Orange For Outlook” integrates digital signatures into emails to enable recipients to verify the identity of the sender. Source