It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard. Makerdao Sees 530 Million DAI Upgraded Since […] Source: https://news.bitcoin.com/sky-reports-over-1-billion-usds-minted-since-august-rebrand/
Month: October 2024
Coinbase urges court to reconsider appeal, cites SEC vs Ripple
The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities. Source: https://cointelegraph.com/news/coinbase-urges-court-consider-interlocutory-appeal-cites-appeal-ripple-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Who Is Satoshi Nakamoto? 8 AI Chatbots Take Their Best Guess Ahead of HBO Documentary
Just recently, reports surfaced about an upcoming HBO documentary titled “Money Electric,” which promises to unmask the true identity of Bitcoin’s elusive creator, Satoshi Nakamoto. Over on Polymarket, bettors are wagering on who the film might unveil, and currently, Len Sassaman leads the pack as the most likely contender. Intrigued by this, we turned to […] Source: https://news.bitcoin.com/who-is-satoshi-nakamoto-8-ai-chatbots-take-their-best-guess-ahead-of-hbo-documentary/
Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing, […] Source: https://news.bitcoin.com/bitwise-plans-etf-merger-aims-to-launch-momentum-based-bitcoin-and-ether-fund/
EBSWARE Launches Multi-Asset Online Trading Platform EBS xTrader for Crypto Currencies, Forex, and Global Equity
KUALA LUMPUR, Malaysia, Oct. 4, 2024 /PRNewswire/ — EBSWARE, a leading financial technology firm is excited to announce the official launch of its innovative multi-asset online trading platform – EBSWARE xTrader. The platform offers traders and investors the ability to engage in a wide range of financial markets, including crypto currencies, Forex, and global equity. As the demand for diversified…
Zero-Knowledge Virtual Machines Key to Ethereum Growth, Says Hashkey Capital
Hashkey Capital, one of Asia’s largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sectors, with a strong focus on Ethereum, account abstraction, and developments in decentralized finance (defi). Hashkey Capital’s Report Warns of Block […] Source: https://news.bitcoin.com/zero-knowledge-virtual-machines-key-to-ethereum-growth-says-hashkey-capital/
This Week’s NFT Sales See 10% Growth After Difficult September
Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million. NFT Market Sees $85.8M in Sales, Ethereum Tops $27M Over the past […] Source: https://news.bitcoin.com/this-weeks-nft-sales-see-10-growth-after-difficult-september/
Binance Does Not Comply With All Israeli Military Requests, Firm’s Financial Crime Chief Says
Binance does not blindly comply with requests by the Israeli military to freeze crypto wallets belonging to Palestinians and others, the company’s head of financial crime investigations told Decrypt. “We don’t just rely on one single source, or one single tool,” Nils Anderson Röed, Binance’s global head of financial investigations, said of how his team handles incoming requests from the…
BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses
On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M Both bitcoin and ethereum ETFs showed positive growth on Friday, […] Source: https://news.bitcoin.com/btc-and-eth-etfs-post-positive-inflows-despite-gbtc-ethe-losses/
Mark Cuban Tells Harris Camp FTX Debacle Could Have Been Avoided in US Under Different SEC Leadership
Billionaire investor Mark Cuban says he told Vice President Kamala Harris’ crypto advisor over lunch the collapse of FTX could have been avoided if U.S. Securities and Exchange Commission Chair Gary Gensler had not been at the helm. Speaking during an interview with Farokh Sarmad of Rug Radio, a sister company of Decrypt, Cuban criticized the SEC’s reliance on enforcement…