RWA sector could reach $600B in next five years: BCG
A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years.
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Moody’s downgrades Coinbase citing ‘uncertain magnitude’ of SEC charges
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term. 322 Total views 1 Total shares Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities…
1.5M houses could be powered by the energy Texas miners returned
Bitcoin miners appeared to be the model consumers for the ancillary services in the state. 70 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDuring the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid.…
Crypto Prime Broker Tagomi To Join Libra Association
Tagomi, a crypto prime broker headquartered in New York, will join the Libra Association, the governing body for the Facebook-led stablecoin. Tagomi was founded by Jennifer Campbell in 2018, a former associate at Union Square Ventures.Tagomi will become the Libra Association’s 22nd member. Members of the association are expected to contribute at least $10 million…
Telecom company fined $1M for role in Biden deepfake scam
The Biden deepfake scam highlights the risks of emerging tech and the challenges to safeguard elections.
Institutional investors still eye crypto despite the FTX collapse
Data sent by crypto exchange Bitstamp shows that institutional registrations in the trading platform increased by 57% in November. 148 Total views 21 Total shares Own this piece of crypto history Collect this article as NFTThe negative effects caused by the FTX debacle have put the crypto space in an unfavorable light. However, institutional investors…
Edge announces confidential no-KYC digital currency Mastercard
The company said there will be a $1,000 daily spending limit, but no personal information is required. 655 Total views 5 Total shares On Wednesday, self-custody crypto exchange Edge announced a no-Know Your Customer (KYC) debit Mastercard that can be funded with Bitcoin and other digital currencies.Without KYC verification, users would be able to spend…
How banks are integrating crypto AML software for compliance
With the exposure of traditional banks and financial institutions to crypto-assets and all the risks involved, as well as the continued advice from governmental authorities to banks to integrate a crypto risk management system, what are the solutions available?In order to align with current regulatory standards, banks and financial institutions entering the digital asset space,…
Ethereum Transaction Fees Fall by 75% as Congestion Eases
Ethereum gas fees appear to be finally going down as activity levels fall from the highs of July. The cost of sending a transaction on Ethereum plummeted today as congestion appears to be finally clearing. According to EthGasStation, the average gas fee on Wednesday is between 30 and 40 Gwei, with a notable 6 Gwei as…