Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund

The United States Securities and Exchange Commission (SEC) has registered Securitize, a digital securities platform backed by crypto exchange Coinbase, as a transfer agent, according to a press release published on Finextra on Aug. 21.Securitize — which claims to be the first transfer agent with a working blockchain protocol and active securities issuers registered with…

The head of Sweden’s Riksbank has characterized Facebook’s Libra project as “an incredibly important catalytic event” that is spurring the world’s central banks to ready themselves for digital transformation.In an interview with CNBC’s Squawk Box Europe on Oct. 15, Riksbank Governor Stefan Ingves said:“It has been an incredibly important catalytic event to sort of shake…

The institutional asset custody arm of United States cryptocurrency exchange Coinbase has launched staking for Tezos (XTZ), the company announced in a blog post on March 29.Coinbase Custody, which provides storage facilities for institutional investors, is seeking to expand its suite of services to include staking — a means by which Proof-of-Stake (PoS) cryptocurrency networks…

The Israel Securities Authority has approved a request from Simetria to operate a digital bulletin board for investors ahead of its digital securities exchange launch. 4691 Total views 16 Total shares An Israeli start-up that aims to establish a digital ledger technology-based digital securities exchange in the country has received its first, encouraging go-ahead from the…

A community member believes that the move will enhance user experience in the space, while another thinks that OpenSea “failed to rock the boat.” 353 Total views 24 Total shares Own this piece of history Collect this article as an NFTIn another attempt to win back its users from its budding nonfungible token (NFT) marketplace…

Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban. Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda. The…

A major Bored Ape Yacht Club (BAYC) NFT hodler lost 100 Ether (ETH), worth $150,000 as a result of a joke bid on his own registered Ethereum Name Service (ENS) domain. The NFT whale, who owns 57 BAYC NFTs and goes by @franklinisbored on Twitter, minted the ENS domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” using an alternate wallet on…

Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for the crypto platforms. 348 Total views 2 Total shares Own this piece of history Collect this article as an NFTHong Kong’s push to become a crypto hub has opened an opportunity for not just crypto companies but…

Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows.Cryptocurrency market daily overview. Source: Coin360Bitcoin firmly ditches $8K rangeData from Coin360 captured the moment panic hit for traders on Wednesday, BTC/USD going from $7,950 to $7,450 in just five minutes.Bitcoin seven-day price chart. Source: Coin360The reasons…