Crypto Biz: US dollar exposure via digital assets takes off

June 21, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

This week’s Crypto Biz explores Hashdex filing for a combined spot Bitcoin and Ether ETF, Coinbase’s pre-launch market, Ripple’s challenges with regulators in the U.S., and more stablecoins delisting in Europe.

While Facebook’s Libra project might have shaken the United States government the most, the aftershocks were felt all over the world. The European Union was no exception: The publication of the first Libra white paper in 2019 led to the acknowledgment that the EU was not prepared for what appeared to be the first global…

Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore

BlockShow 2020 at Singapore FinTech Festival to reflect on achievements of blockchain and how the mainstream finance industry is starting to accept blockchain and digital currency tech. 993 Total views 7 Total shares BlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival,…

Goldman Sachs reportedly eyes FTX alliance with regulatory and public listing assistance

The reported discussion between the two CEOs of the company happened in March last month, at a time when FTX requested CFTC to eliminate the role of brokers in product offerings. 86 Total views 2 Total shares Goldman Sachs is reportedly pursuing an alliance with one of the top cryptocurrency exchanges FTX.The chief executive officer…

Optimism network transactions surged 67% following Bedrock upgrade — Nansen

The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward. Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing…

Ethereum reclaims 42% outflows from Solana: DeFi Report

The DeFi Report founder, Michael Nadeau, said most of the value that left Ethereum flowed to layer 2s that would continue to drive value to the layer-1 blockchain.

China and UK’s Planned Digital Currencies Appear to Have Little in Common

As major central bank digital currency (CBDC) projects develop apace, it is becoming clear that not all digital coins will look, or even function the same way.A recent analysis by Chinese financial media group InterChain Pulse reveals that two of the most visible such projects — those of the Bank of England (BoE) and the…

NFTs bring in-game ownership to a new level, says Blokhaus founder

NFTs improve interactivity by allowing users to unlock fully modular, community-driven in-game experiences to which they own the pieces, explains Mark Soares, the founder of Blokhaus Inc. 62 Total views 7 Total shares Nonfungible tokens (NFTs) have taken the gaming world by storm. Whether it’s through limited edition collectibles, avatar enhancement or play-to-earn incentivization, digital…

Nifty News: Sophia the Robot sells $1M worth, Cardano to clone NFT platforms, and more

If creative self-doubt and competition between humans in the art world weren’t already hard enough, artists now face the prospect of battling it out on Nifty Gateway with artistic robots. Sophia, the world-famous humanoid robot developed by Hong Kong-based Hanson Robotics, has generated more than $1 million in sales from her debut NFT drop on…

BUX and ABN AMRO Clearing Partner on Blockchain-Powered Stocks Investment Mobile App

Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on May 29.According to the news release, ABN AMRO Clearing processed 3.79 billion trades in 2018, and…

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