Category: ICO

KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Your Crypto Project Needs a Sheriff, Not a Bounty Hunter

There’s a reason, after all, that bounty hunters in movies are so often morally ambiguous “gray hats” – think of Boba Fett, Clint Eastwood’s “Man With No Name,” or Dr. King Schulz from “Django Unchained.” They’re mercenaries, there for a one-off payout, and notoriously indifferent to the bigger picture of the problem they’re solving. At the very far end of the spectrum, you can get an Avi Eisenberg, eager to adopt the cover of a “bug bounty” when they themselves are the actual villains. Source

Director’s update: the FOI year in review

Warren Seddon is ICO Director of Freedom of Information and Transparency responsible for the ICO’s freedom of information (FOI) policy and guidance. Warren also oversees the handling of people’s complaints to the ICO over public authorities’ responses to requests for information under the FOI Act and Environmental Information Regulations (EIR).   It’s fair to say that it’s been a heck of a year for the FOI team. We’ve received more than 8,000 complaints – against a previous high of 6,418 in 2018/19. Of around 7,700 cases we’ve closed in this…

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst

The approval comes after U.S. regulators three months ago greenlit the first spot-based bitcoin ETFs in that country, a major breakthrough for the crypto industry that expanded the investor base for the largest and oldest crypto asset and dominated the digital asset market narrative for months. Led by global asset management giant BlackRock’s offering, the funds have since amassed over $12 billion in net inflows,, helping propel BTC one month ago to a fresh all-time high price over $73,000. Source

Coinbase’s Base Chain Set to Propel Crypto Adoption into Mainstream with Layer 2 Innovations

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

The Inevitable Shift to On-Chain Integration

Currently, on-chain RWAs represent a $7.5 billion market. While this might seem marginal relative to the tens of trillions of dollars worth of assets managed traditionally, the pace of growth and the increasing range of assets being tokenized — including treasuries, commodities, private equity, real estate, private credit, and others — suggest a tipping point. A 2022 Boston Consulting Group report estimated that the market for tokenized assets could grow to $16 trillion by 2030, which would greatly enable DeFi protocols catering to these assets to develop entire new financial…

Tether’s (USDT) Stablecoin Dominance May Wane Following Proposed U.S. Regulation: S&P

“An approval of the stablecoin bill would accelerate institutional blockchain innovation, in particular for tokenization or digital bond issuances involving on-chain payments,” O’Neill said, adding that the “growth of institutional use cases for stablecoins would create opportunities for banks as stablecoin issuers and may also reduce tether’s dominance in the global stablecoin market.” S&P said that USDT is issued by a non-U.S. entity and therefore is not a permitted payment stablecoin under the proposed bill. This means that U.S. entities can’t hold or transact in it, which could reduce USDT’s…

ICO statement on Upper Tribunal ruling

The Upper Tribunal has ruled on the our action to require Experian Limited to change how it handles people’s personal data, dismissing our appeal of the First-tier Tribunal’s ruling of 20 February 2023. The First-Tier Tribunal (Information Rights) has previously ruled on our action to require Experian Limited to change how it handles people’s personal data. The Judgment supported aspects of our decision, while allowing Experian’s appeal in other areas. Stephen Bonner, ICO Deputy Commissioner, says: “The credit reference agency industry holds data on almost every adult in the UK.…

Renzo Restaked ETH Suffers a Brief Crash on Uniswap

“People sold ezETH on Uniswap, and they had lower liquidity, so the slippage caused the price to drop to below $700, which caused massive liquidation on [generalized leverage protocol] Gearbox and [lending protocol] morpho,” Hitesh Malviya, founder of crypto analytics platform DYOR, told CoinDesk. Source