Hong Kong-based cryptocurrency exchange HashKey has received regulatory approval to offer staking services, a move that could significantly expand the appeal of proof-of-stake (PoS) investments like spot Ether exchange-traded funds (ETFs) among institutional investors. The announcement came on April 10, when HashKey revealed that it had secured authorization from the Hong Kong Securities and Futures…
You little anarchist. They told you to switch to airplane mode, and you just … didn’t. Maybe you were sending one last Slack; maybe you decided not to take PTO and you’re in the middle of a Zoom call; or maybe you just don’t like being told what to do. Either way, you’re not alone….
The co-founder of COTI believes the controversy surrounding central bank digital currencies will subside as major financial players adopt the technology and optimal designs are established. The co-founder however downplayed the possibility that central bank digital currencies will be built to interface with decentralized finance protocols or Web3 ecosystems. Privacy Crucial for CBDC Implementation Shahaf…
The number of active developers in the crypto space has plummeted by double digits over the past year, signaling that the industry may face deeper challenges in the long term due to a lack of significant on-chain activity. Data from the crypto metrics aggregator Artemis Terminal shows that weekly active developers have fallen 40% from…
A group of professors specializing in copyright law has filed an amicus brief in support of authors suing Meta for allegedly training its Llama AI models on e-books without permission. The brief, filed on Friday in the U.S. District Court for the Northern District of California, San Francisco Division, calls Meta’s fair use defense “a…
Two more U.S. states are joining the trend of holding bitcoin as part of their state reserves. On April 10, bitcoin reserve bills in both New Hampshire and Florida advanced, helping state-owned bitcoin reserves become a reality. Governments holding bitcoin is a growing theme across the U.S., with several states proposing to invest a portion…
The NFT market is feeling the impact of the broader crypto slump, with sales volume decreasing by 4.7% to $94.7 million. According to data from CryptoSlam, this is a continued downward trend from the previous week’s $102.8 million. The drop extends beyond just sales volume, with NFT buyers plummeting by 77.9% to 128,244, and NFT…
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Offering blockchain-based assets to traditional investors, crypto exchange OKX and multinational bank Standard Chartered launched a joint collateral mirroring program, which allows their clients to utilize crypto and tokenized money market funds as off-exchange collateral for trading. The program is currently in a pilot test under Dubai Virtual Asset Regulatory Authority (VARA)’s regulatory framework and…
Key Takeaways Ripple CEO Brad Garlinghouse suggests Bitcoin could reach $200,000 due to US crypto-friendly policies. Ripple is settling its SEC litigation for $50 million, facilitating their growth and acquisitions. Share this article Ripple CEO Brad Garlinghouse said Bitcoin’s $200,000 price target is achievable as institutional interest rises and US regulators shift toward a more…
