Cryptocurrency Analysis and News Portal
With the United States Securities and Exchange Commission’s first window opening up for the approval of a spot Bitcoin ETF, analysts have noted that even if the SEC approves a spot Bitcoin (BTC) exchange-traded fund (ETF), it will be a month before the actual launch.The expected delay in launch following
Read More
Digital Prime Technologies, founded by former Cantor Fitzgerald executives, has launched a crypto lending platform named Tokenet, aiming to capitalize on the potential U.S. regulatory approval of Bitcoin ETFs. Digital Prime Technologies, a company launched by former Cantor Fitzgerald executives, has entered the crypto lending market with a new platform named
Read More
HSBC, which is one of the largest banks in the world, revealed that for now, its custody plans involve “tokenized securities issued on third-party platforms.” HSBC Holdings (LSE: HSBA), in partnership with Ripple Labs subsidiary Metaco, has announced plans to launch a digital assets custody service for institutional clients. The service
Read More
Horizen Labs, the technology company behind Horizen DAO, and Stably, a Washington-based fintech company, have partnered to launch the Zen USD (ZUSD), the first stablecoin on Horizen’s EON blockchain. Following this launch, users can now mint or redeem ZUSD on the EON network using various payment methods, including ACH, Fedwire, Visa, Mastercard, and
Read More
A new crypto-lending platform dubbed Tokenet says it will service what it expects to be an influx of institutional clients following the potential United States approval of spot Bitcoin (BTC) exchange traded fund (ETF). The platform was launched by a team of executives who previously headed financial services firm Cantor Fitzgerald
Read More
The Arbitrum blockchain project, together with Gitcoin Winter, is launching three donation programs. According to the project team, as part of The Arbitrum Citizens Retrofunding Round #1, the community will help us distribute 100,000 ARB to the Arbinauts that have proactively stepped up and impacted the governance and processes of the
Read More
South Korean telecom giant SK Telecom (SKT) announced plans to launch a Web3 wallet service, T wallet, in partnership with layer 1 mainnet Aptos Labs and Atomrigs Lab.SK Telecom’s vision to launch a blockchain wallet for cryptocurrencies and nonfungible tokens (NFTs) dates back to July 2022. The initiative at the
Read More
DZ Bank launches a blockchain-based digital asset custody platform, advancing Germany’s crypto services for institutional and private clients. The second largest bank in Germany, DZ Bank, has unveiled a proprietary service for safeguarding crypto assets, targeting institutional clientele. This service will leverage the capabilities of Metaco Harmonize, a platform developed by
Read More
Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying the company was launching OpenSea 2.0 with a smaller team.OpenSea launched in 2017, when NFTs were an innovation. It operates on a
Read More
The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed. A Valkyrie Investments exec has hinted at a strong possibility for a spot Bitcoin ETF approval this month. According to Chief Investment Officer (CIO) Steven McClurg, the
Read More