The Basel Committee on Banking Supervision is considering requiring banks to disclose their crypto asset holdings in light of the banking crisis earlier this year. The committee, which operates under the Bank for International Settlements, identified holding crypto as one of the factors that led to the demise of several banks in March. At its […]
Lawmakers in Taiwan are reportedly aiming to push out a first draft of a special law by the end of November 2023, according to a report from the Block. Yung-Chang Chiang, an official in the Legislative Yuan of Taiwan, said in an interview that he intends for the first draft to be available for reading […]
Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet company Ledger and Japanese Nomura, has been granted major regulatory approval in the United Kingdom. The company has been given the green light by the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist […]
Two co-founders of the defunct Singaporean hedge fund Three Arrows Capital (3AC) have been arrested and sentenced to four months in prison for failing to comply with a court order. 3AC, which managed more than $10 billion in digital assets prior to its collapse last June, has left creditors with over $3.5 billion in claims. […]
The Ethereum network has seen a rise in staking since major network upgrades, Merge and Shanghai, but this has come at the cost of higher centralization and lower staking yields, according to a new report by JPMorgan. The top five liquid staking providers — including Lido, Coinbase, Figment, Binance and Kraken — control more than […]
The Federal Reserve’s recent decisions to raise interest rates and reduce its balance sheet have caused uncertainty in the cryptocurrency markets. Investors are concerned that the Fed’s actions could lead to a decrease in the value of digital assets, as well as a decrease in the demand for them. The Fed’s decisions have also caused […]
MetaMask, a wallet provider, has developed a new feature called MetaMask Snaps to give users more insights into their transactions and interactions within the application. Francesco Andreoli, the head of the developer community at ConsenSys, spoke about how they ensure that the feature is secure for users. He highlighted the importance of consent and ensuring […]
PrimeXBT has rapidly expanded its Crypto Futures platform, adding support for 20 new Altcoin pairs including Dogecoin. This major expansion demonstrates the exchange’s commitment to rapidly improving its Futures offerings to attract more traders. The full list of newly added assets includes ADA/USD, ALGO/USD, AVAX/USD, AXS/USD, DOGE/USD, DOT/USD, EGLD/USD, EOS/USD, FIL/USD, FTM/USD, ICP/USD, KLAY/USD, LINK/USD, […]
Charles Edwards, founder of the Capriole Fund, recently observed the hodl waves for long-term Bitcoin holders. He noted that the recent surge in long-term Bitcoin holders is comparable only to 2016, and that this jump will have big consequences in 2024. Edwards also pointed out that this was not seen in the last bull cycle, […]
Bitcoin has shrugged off the robust U.S. jobs data that was released recently, which is forecasting tighter monetary policy. Despite the news, Bitcoin has remained relatively stable, indicating that the cryptocurrency is not as affected by traditional economic indicators as other markets.The U.S. jobs data showed that the economy added 266,000 jobs in November, which […]
