Bitwise pledges 10% of spot Ether ETF profits to Ethereum developers

A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. 2373 Total views 42 Total shares China Zhe­shang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the Na­tional As­so­ci­a­tion of Fi­nan­cial Mar­ket In­sti­tu­tional In­vestors’s…

Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program.

China may have banned the use of cryptocurrencies, but stablecoins might have a role to play in the proliferation of its national currency. Although China has closed its doors to decentralized cryptocurrencies, Circle CEO Jeremy Allaire believes that stablecoins could play a role in the proliferation of China’s digital yuan.Allaire, who heads up the company…

Wednesday, Jan. 30 — nearly all of the top 20 cryptocurrencies are reporting moderate to notable gains on the day at press time. Bitcoin (BTC) is approaching $3,500 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is up over 1 percent on the day, trading at around $3,474, according to Cointelegraph’s price index.…

Bitcoin (BTC) and the rest of the crypto market have been in a bear market for almost a year. The top cryptocurrency has seen its market valuation plummet by more than $900 billion in the said period, with macro fundamentals suggesting more pain ahead.Another bear cycle produces more BTC hodlersBut the duration of Bitcoin's bear…

Fenix International, the parent company of OnlyFans purchased the cryptocurrency between 2021 and 2022. 570 Total views 1 Total shares The parent company of subscription platform OnlyFans has become the latest firm to reveal its cryptocurrency holdings, showing it invested nearly $20 million into Ether (ETH) in 2022.According to an Aug. 24 financial filing to…

“Big Four” accounting firm Deloitte has partnered with identity management company Attest Inc. to develop a blockchain-based digital identity system, according to a press release published Nov. 5.Chicago-based Attest is an identity management company that offers a shared identity platform enabling its clients to conduct transactions, wherein its governmental customers can provide identity services to…