Magic Eden Embraces Ordinals, Releases Bitcoin NFT Marketplace

news SBI Ripple Asia, a subsidiary of Japanese financial giant SBI Holdings, has launched a “demonstration test” of in-store payments using its Money Tap app before a planned full launch of the new service. The demo trial will see the money transfer app, which uses Ripple’s xCurrent payments product, used for live payments at affiliated…

A slap-down from federal courts means the Securities and Exchange Commission must now rethink bitcoin spot ETFs, though its old objections won’t work and the clock is ticking.Crypto industry insiders argue the most logical course of action is just giving in.The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S.…

The European Securities and Markets Authority (ESMA) issued a set of detailed proposals on how crypto companies within the European Union should be authorized, the first use of new powers given under the bloc’s Markets in Crypto Assets (MiCA) law.The EU agency is also seeking confidential information about crypto companies’ expected revenue, number of white…

The London-based bank surveyed crypto market maturity outside the U.S.Standard Chartered is also mulling a crypto settlement network further down the line.The bank exemplifies how a lack of regulatory clarity in the U.S. is driving financial institutions to look elsewhere to set up their crypto operations.With U.S. regulators still wrangling their way through a cryptocurrency

news A blockchain-based system that will be used to allow Moscow residents to vote in municipal elections this autumn is very easy to hack, according to a research note from a French cryptography expert. Titled, “Breaking the encryption scheme of the Moscow internet voting system,” the paper by Pierrick Gaudry, a researcher from French governmental scientific institution CNRS,…

A report by the United States Government Accountability Office (GAO), which was commissioned by Rep. Maxine Waters (D-Calif.) and Rep. Stephen Lynch (D-Mass.) of Financial Services Committee, has found that there’s a significant regulatory gap for crypto assets and has suggested a whole-of-government approach to addressing it.“No federal financial regulator has comprehensive authority to regulate…

The settlement with Genesis means users will get 100% of their funds returnedGemini co-founder Tyler Winklevoss calls Gemini "financial fraud" in a press release.Gemini announced Wednesday that its Gemini Earn users have received all their digital assets back in-kind.This means, for instance, that if a customer lent one bitcoin to the Earn program, they will

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Decentralized finance (DeFi) staking service Lido (LDO) will sunset…

Institutional investors may benefit from the approval of spot bitcoin (BTC) exchange-traded funds (ETFs) as these products will allow them to trade a proxy with low management fees and engage more actively in arbitrage strategies and options hedging, Goldman Sachs (GS) said in a report.Spot bitcoin ETFs were finally approved in the U.S. on Wednesday