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(Coin Telegraph)-14/08/2024Multinational banking and financial services company DBS Bank collaborated with digital payment provider Ant International on a new blockchain-based treasury and liquidity management solution. On Aug. 13, DBS Bank announced the pilot launch of DBS Treasury Tokens, which Ant International will use for instant and multicurrency treasury and liquidity management.The new DBS Treasury Tokens to […]

(Coin Telegraph)-14/08/2024The New York State Department of Financial Services (NYSDFS) is seeking a specialist to help develop policies on cryptocurrencies, decentralized finance (DeFi) and artificial intelligence, among other related fields. The New York financial regulator is seeking candidates for a position within its Innovation Policy Unit, who will be specially tasked with tackling “cutting-edge policy issues” […]

(Crypto News)-07/08/2024Crypto investors and traders lost approximately $1.08 billion in total liquidations amid uncontrolled falling prices of prominent cryptocurrencies, including Bitcoin, Ether and Solana.On Aug. 5, crypto market prices saw a significant decline owing to the weakening global economy, which was catalyzed further by the sudden crash of Japan’s stock market. In the process, nearly […]

(Crypto News)-07/08/2024Over the past 24 hours, investors have withdrawn approximately $168 million from nine U.S. spot Bitcoin exchange-traded funds (ETFs).Over the last two days, net outflows from these ETFs have reached a staggering $405 million, according to data from Farside Investors.In contrast, spot Ethereum ETFs experienced net inflows totaling nearly $49 million during the same period.Grayscale’s […]

(Coin Telegraph)-07/08/2024According to Arkham Intelligence, a wallet believed to be controlled by the United States government transferred 300 Ether, valued at approximately $699,000, to a wallet address ending in “d46” on Aug. 5.The onchain analytics firm also claimed that the funds within the wallet, which now shows a balance of $0, resulted from a US […]

(Coin Telegraph)-07/08/2024The current crypto market crash is being directly linked to selling by Jump Trading, according to QCP Group, one of Singapore’s first digital asset trading groups.The price of Ether fell over 21% in the 24 hours leading up to 11:20 am UTC to trade at $2,252, according to Cointelegraph data.The crash to an over five-month […]

(Reuters)-31/07/2024The Swiss National Bank (SNBN.S), opens new tab swung to a loss of 2 billion Swiss francs ($2.27 billion) in the second quarter, the central bank said on Wednesday, as the rising value of the Swiss franc reduced gains from foreign currency investments.The result compared with a first-quarter profit of 58.8 billion francs, and came despite valuation […]

(Reuters)-31/07/2024A U.S. bank regulator is considering a stricter framework for how large asset managers like Blackrock (BLK.N), opens new tab and Vanguard can prove they are not influencing banks where they hold large stakes.The Federal Deposit Insurance Corporation voted on Tuesday to advance a proposal for the agency to exert more influence over whether asset managers or […]

(Crypto News)-31/07/2024It’s time for Securities and Exchange Commission (SEC) Chair Gary Gensler to polish his resume. At a Bitcoin conference in Nashville on July 27, Republican presidential nominee Donald Trump vowed to oust crypto’s favorite supervillain in favor of a pro-industry replacement.That’s good news for Web3, but turning America into the crypto capital of the world […]

(Crypto News)-31/07/2024The lower house of the Russian parliament, the State Duma, is set to review a cryptocurrency bill along with separate legislation on crypto mining in its second and third readings on Tuesday.Anatoly Aksakov, head of the Duma’s financial market committee, told Bloomberg that the draft laws are expected to swiftly gain approval from senators in the […]

(Coin Telegraph)-31/07/2024Cryptocurrency investors are concerned about a potential regulatory crackdown in the United Kingdom after the UK-based arm of crypto exchange Coinbase was fined.Investor worries arose on July 25 after Coinbase’s UK arm was fined $4.5 million for breaching a voluntary user agreement with the Financial Conduct Authority (FCA) that would prevent it from onboarding customers considered […]

(Coin Telegraph)-31/07/2024Former United States President Donald Trump went all in on Bitcoin in his latest keynote at the Bitcoin 2024 conference in Nashville, promising voters to make the United States “the crypto capital of the world.”He will do so by creating a national Bitcoin “stockpile” and, in turn, making the cryptocurrency a “permanent national asset.”Naturally, Trump’s electoral […]

(Crypto News)-31/07/2024Crypto betting platform Polymarket has surpassed $1 billion in trading volume, with over one-third of the volume generated in the past 30 days alone.As of July 30, Polymarket recorded $343 million in betting volume, a sharp increase from $111 million in June and $63 million in May, according to Dune Analytics.The surge is primarily driven by […]

(Coin Telegraph)-24/07/2024Grayscale transferred $1 billion worth of Ether to Coinbase on July 22, signaling the asset manager’s preparation for the launch of spot Ether exchange-traded funds (ETFs) in the United States, according to blockchain data.Following the transfer, approximately 10% of the 292,000 Ether was transferred from the Coinbase hot wallet to the Grayscale Mini Trust, or wallet […]

(Coin Telegraph)-24/07/2024The Ethereum initial coin offering (ICO) — one of the most important events in the history of cryptocurrency — began on July 22, 2014, just a little over 10 years ago. The ICO ran for 42 days until Sept. 2 and allowed participants to buy 2,000 Ether for the price of 1 Bitcoin Cointelegraph spoke with Nick […]