Cryptocurrency Analysis and News Portal
To demonstrate the potential of UDPN, Standard Chartered’s SC Ventures and Deutsche Bank conducted a trial. Standard Chartered’s SC Ventures and Deutsche Bank have achieved a significant milestone by completing the first Proof of Concept (PoC) for the Universal Digital Payments Network (UDPN). This groundbreaking initiative aims to revolutionize the way digital
Read More
Starting from the first quarter of 2024, the crypto custody service will be operated by Zodia Custody – the leading institution-first digital asset custodian by Standard Chartered. British multinational services company Standard Chartered PLC (LSE: STAN) is planning to launch a crypto custody service for Bitcoin (BTC) and Ethereum (ETH) to institutional
Read More
Ethereum has struggled alongside Bitcoin through the current bear market climate but this has not stopped bullish predictions for the digital asset.
Read More
While Standard Chartered gives a bullish outlook on Ethereum, JPMorgan Chase analysts ask to maintain caution amid declining Ethereum network activity. Amid the current macro developments, the world’s second-largest cryptocurrency Ethereum has come under significant selling pressure. Earlier this week, ETH price came crashing under $1,600 with the Ethereum Foundation
Read More
Emerging uses for the Ethereum network in gaming and tokenization should help drive a 5X in ether's price over the next three years, said the bank. Original Source
Read More
Zodia Custody will now offer yield on digital assets to institutional clients in addition to providing its custody services. Zodia Custody, a leading crypto custody platform owned by banking giant Standard Chartered, will start providing yield on crypto holdings owned by its institutional clients. To bring this to fruition, Zodia Custody has
Read More
Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions. Source
Read More
The SEC requested fresh written commentary and opinions on a proposed rule change to allow issuers to list a Bitcoin spot ETF.Blackrock, Fidelity, and other wall street punters await the Commission’s decision on their own ETF filings.Ark Invest CEO Cathie Wood predicted the delay on Bloomberg TV, adding hinting at
Read More
The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20” standard allows token issuers to maintain a list of official bridges and control how many tokens can be minted by each.In addition to Connext,
Read More
An online carpet and flooring retailer based in the United Kingdom has bought Bitcoin (BTC) and put it on its balance sheet, following in the footsteps of Tesla, MicroStrategy and Real Bedford.Speaking to Cryptox, Paul Brewster, the CEO of Flooring Hut, explained:“We see it [Bitcoin] as an asset that has
Read More