GSR secures UK FCA approval, expands regulated crypto services
GSR has secured dual regulatory approval in the UK and Singapore, expanding its crypto trading services for institutional clients.
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Crypto and Blockchain News From Japan: Oct. 14–20 in Review
The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies using blockchain technology. Here is the past week of crypto and blockchain news…
Japanese Company Launches New Stablecoin Pegged to the US Dollar
A Japanese company has launched an ERC-20-compliant stablecoin that it says offers “absolute decentralization, maximum security and a reliable source of stability in the face of volatility.”As its name suggests, USDDex is directly pegged to the United States dollar, helping traders to move their money into crypto without exposing themselves to the erratic price movements…
Bitcoin and Ether now account for 44% of the value locked in DeFi
Despite $4B worth of BTC and ETH being locked in DeFi over the past five months, the two top coins still account for less than half of the sector’s TVL 1647 Total views 22 Total shares The recent explosive growth of decentralized finance (DeFi) has seen the sector lock nearly $4 billion worth of Bitcoin…
Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation's expenses in 2022.
Terrible crypto trader gets 42 months for fraud, claiming he was a total gun
Jeremy Spence aka “Coin Signals” scammed around $5 million from 170 investors who were unaware their crypto was used to fund a Ponzi scheme. 128 Total views 38 Total shares A crypto trader who defrauded over 170 people was sentenced to 42 months in prison on May 11 for operating a series of cryptocurrency funds…
Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode
Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes. 165 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe launch of Bitcoin nonfungible tokens (NFTs) — known as Ordinals — has tipped the…
Ex-Fed. Prosecutor Turned Crypto VC Katie Haun: Crypto Is in the ‘Dial-up Days’
Former U.S. federal prosecutor and current cryptocurrency VC executive Kathryn Haun recently took part in a debate on crypto with Nobel-prize winning economist Paul Krugman, posted on YouTube by crypto venture capital firm Andreessen Horowitz (a16z) Nov. 2.The debate, hosted by Mexican tech company KIO Networks and moderated by local business journalist Rodrigo Pacheco, was…
Guggenheim Partners prepares to dip investment fund’s toes into Bitcoin
The $275 billion company has filed an SEC amendment to allocate over $500 million from the Macro Opportunities fund to Grayscale's GBTC 1835 Total views 27 Total shares An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest yet: the…