Digital game vendor G2A has recently launched a marketplace for nonfungible tokens (NFTs) linked to Web3 games to expand its offerings by adding gaming NFTs to its wider collection of gaming software. According to a press release sent to Cointelegraph, the new venture launched on Nov. 15 is aimed at giving exposure to Web3 and NFT games that the G2A…
Congress members have submitted a memo urging key financial authorities, including the Chairman of the Board of the Federal Deposit Insurance Commission and the Acting Comptroller of the Currency, to provide guidance or take action clarifying that SEC Staff Accounting Bulletin 121 (SAB 121) is not enforceable following the recent Government Accountability Office (GAO) determination. In the document, the Congress…
BlackRock, the world’s largest asset manager, officially filed for a spot Ether Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC) on Nov. 15. The move by BlackRock comes nearly a week after it registered the iShares Ethereum Trust with the Delaware Department of State Division of Corporations and nearly six months after it filed for its…
BlackRock, the world’s largest asset manager, has filed a form S-1 registration for a spot Ethereum ETF with the U.S. Securities and Exchange Commission (SEC). In the filing, the asset manager notes that the Trust “seeks to reflect generally the performance of the price of ether” with crypto exchange Coinbase serving as the custodian for its crypto holdings. Earlier this…
Bitcoin (BTC) circled a key level into the Nov. 16 Wall Street open after copycat BTC price action produced a fresh attack on $38,000. BTC/USD 1-hour chart. Source: TradingView BTC price matches 18-month highs Data from Cointelegraph Markets Pro and TradingView showed a swift turnaround for Bitcoin, which reversed upward after a precipitous comedown earlier in the week. The daily…
South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 of 2023. Source: https://cointelegraph.com/public/index.php/news/south-korea-pension-fund-20-million-coinbase
Ferrari’s decision to allow U.S. residents to buy its cars in exchange for cryptocurrencies like Bitcoin (BTC) has become one of the biggest market wins in 2023, according to the CEO of the Bitcoin ATM operator CoinFlip. Ferrari has been aware of the growing demand from clients for alternative payment solutions and decided to support dealers in meeting these clients’…
Ethereum layer 2 scaling network Starknet has outlined plans to improve the decentralization of three core components of its zero-knowledge proof rollup solution (ZK-rollup). Speaking exclusively to Cointelegraph, Starknet product manager and blockchain researcher Ilia Volokh outlined the firm’s intent to address certain centralized elements of its protocol aimed at defending against censorship and making its system more robust. Starknet…
The Singapore-based BSN Foundation, a global blockchain infrastructure organization, officially announced its launch with five international founding members on Nov. 16. BSN’s founding members include the institutional digital asset wallet Blockdaemon, the blockchain infrastructure automation platform Zeeve, the digital asset creation platform Toko and tech firms GFT Technologies and Red Date Technology. The newly formed BSN Foundation will serve as…
South Korea’s national pension fund invested almost $20 million in Coinbase shares in Q3 2023, turning a 40% profit, according to reports in local media. Citing a recent U.S. SEC filing, local publication News1 reported that South Korea’s National Pension Service (NPS) invested nearly ₩26 billion ($19.92 million) in Coinbase shares, purchasing 282,673 COIN shares at an average price of…
