Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin. In a Nov. 15 statement, Paxos said it received an initial nod from the Monetary Authority of Singapore (MAS) for its new entity Paxos Digital Singapore Pte. Ltd. The new firm can offer digital payment token…
Bitcoin’s halving is months away, and cryptocurrency companies are getting excited. Don’t be surprised if some companies fail as they rush products to market. Source: https://cointelegraph.com/app/public/index.php/news/crypto-companies-excited-bitcoins-halving-expect-some-fail
Solana (SOL) has reached new yearly highs, gaining more than 17% the day after ARK Invest CEO Cathie Wood lauded the network for its efficiency and cost-effectiveness. In a Nov. 15 CNBC interview, Wood described the Solana network as a major infrastructure player in the wider blockchain ecosystem and added it had been doing a “really good job” in the…
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees. Source: https://cointelegraph.com/public/index.php/news/layer-2-networks-hit-13-billion-tvl-but-challenges-still-remain
Grayscale Investments is using its Ether (ETH) futures exchange-traded fund (ETF) application as a “trojan horse” to corner the United States Securities and Exchange Commission into approving its spot Ether ETF, says Bloomberg ETF analyst James Seyffart. Seyffart said in a Nov. 15 X (Twitter) post following the SEC delaying Grayscale’s ETH futures ETF bid that he believes if the…
Regular sleep patterns play a stronger role in overall health than longer sleep patterns, according to an Atlantic-spanning study of 60,000 people in the United Kingdom, and people who have less regular sleep patterns have a higher risk of death before age 75. “Sleep regularity was a significant predictor of cardiometabolic, cancer, and other-cause mortality risks in competing-risks proportional sub-hazards…
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%. Source: https://cointelegraph.com/public/index.php/news/bakkt-shifts-focus-custody-services-adds-cryptocurrency-support-doge-shib-coins
Bitcoin’s halving is months away, and cryptocurrency companies are getting excited. Don’t be surprised if some companies fail as they rush products to market. Source: https://cointelegraph.com/public/index.php/news/crypto-companies-excited-bitcoins-halving-expect-some-fail
Microsoft, known more for its software than hardware, today announced two new chips: the Azure Maia AI Accelerator and the Azure Cobalt CPU. The move is a notable expansion of the company’s technological capabilities, with Maia in particular positioned as the tip of the spear for the Redmond-based tech giant’s AI strategy. Maia is specifically designed for AI tasks and…
As we approach Bitcoin’s (BTC) halving in April, a phenomenon that historically triggers significant market shifts, companies within the space are at a critical juncture. This event is surrounded by speculation and strategic planning, and for some, a sense of uncertainty. While it’s laden with opportunities, it’s vital for businesses to adopt a balanced approach, integrating a long-term perspective rather…
