In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses the latest change to the BlackRock spot Bitcoin exchange-traded fund (ETF) filing, which adds Coinbase as a “surveillance-sharing partner.“ Some analysts have signaled that the filings by BlackRock, Fidelity and others are responsible for the recent Bitcoin (BTC) rally toward $31,000, but according to Pechman,…
Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder, Mark Lamb. Called “oUSD,” the currency is available in its “phase 1” iteration, meaning that users cannot receive it without depositing crypto assets into the exchange. In a future “phase 2” version, the platform intends…
Crypto exchange Binance today announced that it is ceasing all deposits and withdrawals for the ten Multichain-bridged tokens that were previously part of a deposit suspension by the exchange after certain transactions on the Multichain (MULTI) protocol froze in May. The ten tokens are bridged to Binance Chain, Ethereum, Avalanche, and Fantom; users can still withdraw them via other networks…
The prices of houses are sky-high all around the world, and homebuyers are feeling the pain. While affording a home has never been more difficult for many people, the ability to raise funds to construct new homes has never been easier, thanks to decentralized finance (DeFi). The newly launched Home Construction Collective is attempting to leverage blockchain’s coordination and fundraising…
STORJ, the Ethereum-based token underpinning the eponymous decentralized cloud storage platform, soared to a ten-month high of $0.55 earlier on Wednesday, becoming one of the top-performing crypto assets in the past 24 hours. Although the price of STORJ is falling fast, trading at $0.25 at the time of this writing, it still represents a 16% increase on the day and…
Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen. Source: https://cointelegraph.com/public/index.php/news/crypto-friendly-dbs-bank-launches-digital-yuan-payment-tool
More than $300 million in digital assets were lost to crypto hacks and exploits in the second quarter of 2023, according to on-chain data compiled in the quarterly report by the blockchain security company CertiK. In the report, CertiK showed that there were a total of 212 security incidents in the quarter. The firm noted that across the incidents, malicious…
Financial regulators in Denmark are coming after cryptocurrency service providers, declaring that local banks are not allowed to hold cryptocurrency to hedge against trading risks. On July 4, the Danish Financial Supervisory Authority (DFSA) officially ordered the local investment bank Saxo bank to dispose of its own holdings in crypto. The regulator said that Saxo Bank’s crypto activity “lies outside…
RAK Digital Assets Oasis (RAK DAO), a free zone in the United Arab Emirates (UAE) dedicated to crypto companies, has signed a memorandum of understanding (MOU) with the HBAR Foundation to support its ecosystem members through a grant program and by providing assistance in leveraging the Hedera blockchain. In an announcement sent to Cointelegraph, His Highness Sheikh Mohammed bin Humaid bin…
Officials in the United States are considering restricting China’s access to cloud computing services in an effort to safeguard the country’s advanced technology, according to a report in the Wall Street Journal. According to the report, the Biden Administration proposed adding controls to the amount of access China companies will have to U.S.-based cloud computing services such as Amazon Web Services (AWS)…
