Crypto Custody Firm Anchorage Digital to Be Preferred Custodian for Layer 1 Blockchain Aptos Labs
The partnership signals the growing institutional adoption of crypto.
Crypto
Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank
Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC).
First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in Stocks
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Vietnam’s crypto adoption: Factors driving growth in Southeast Asia
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend.
Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?
ETHPoW’s hash rate and total value locked have risen significantly during its latest bull run.
Global think tank suggests blockchain in public finance can help reduce fraud
Modernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability.
Robinhood Web3 wallet enters beta, taps Polygon as first blockchain
As a blockchain network of choice, Polygon offers scalability, speed, low network fees and a robust developer ecosystem, according to Robinhood.
Robo-Advisor Betterment Partners With Crypto Exchange Gemini to Offer Customized Crypto Portfolios
The partnership gives Betterment’s 730,000 customers access to customized crypto investment plans based on their risk profiles and interests.
DeFi Hub Umee Targets TradFi With Institutional Lending DAO
The cross-chain lending protocol has raised almost $40 million since June 2021.
Robinhood Releases Beta Version of Web3 Wallet to 10,000 Users
Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year.
Redditors share ‘reasonable’ goals in response to crypto billionaire survey
A survey showed that more than 70% of respondents believe they have the right tools to become crypto billionaires.
French Central Bank CBDC Projects Aim to Manage DeFi Liquidity, Settle Tokenized Assets
Three projects were announced by governor François Villeroy de Galhau as he seeks to realize the potential of wholesale central bank digital currencies
More ancient Bitcoins leave from its wallet after 10-year hibernation
BTC price action in 2022 is being accompanied by seriously old coins leaving hibernation after ten years or more.
Japan to Toughen Remittance Rules to Fight Money Laundering Using Crypto: Report
The new rules would require crypto exchange operators to share customer information when assets are transferred between platforms.
Digital Bank Revolut Wins FCA Registration to Offer Crypto Services in UK
European fintech unicorn Revolut has finally won registration from the United Kingdom’s Financial Conduct Authority (FCA) to offer crypto services in the U.K. following a lengthy wait.
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra’s Do Kwon
Interpol has issued a Red Notice for Kwon’s provisional arrest pending extradition as a worldwide search for the Terraform Labs co-founder continues.
Galaxy Digital to provide market data to blockchains with Chainlink
Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications.
Galaxy Digital Partners With Chainlink to Offer Crypto Price Data on Chain
Crypto price data will help developers build out their platforms, Galaxy’s head of strategic opportunities said.
Thai SEC Sues Five Entities for Creating Fake Volume Across Two Crypto Exchanges
Thailand’s Securities and Exchange Commission (SEC) has sued five traders for creating artificial volume on crypto exchanges Bitkub and Satang Corporation.
Decentralized Exchange Bancor Proposes Burning 1 Million BNT Tokens to Support Prices
Bancor to propose more ‘burn events’ if the proposed effort has an intended bullish effect on BNT’s price.
London-Based Asset Manager Fasanara Capital Establishes $350M Crypto VC Fund
Fasanara Capital has established a new $350 million venture capitalist fund focused on fintech and web3, according to a press release.
Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market
Galaxy Digital and Polychain Capital led the Series A funding.
Bitcoin gains 5% to reclaim $20K, eyes first ‘green’ September since 2016
A classic snap of sideways trading action sees the Bitcoin price aim higher, but concerns remain over what happens next.
Russia aims to use CBDC for international settlements with China: Report
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year.
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
Some governments can negatively impact Bitcoin’s environmental footprint by banning BTC mining, according to new data from Cambridge.
Bitcoin Mining’s Sustainable Electricity Mix May Be Declining, Says Cambridge University Research Organization
Cambridge University’s Centre for Alternative Finance’s (CCAF) latest research into bitcoin mining suggests the mix of sustainable electricity used is in decline.
Almost everything could be tokenized in 5-10 years — Matrixport co-founder
Cost efficiencies, improved liquidity, 24/7 market access, and the removal of intermediaries were the main advantages’ cited which blockchain infrastructure has over current legacy systems.
Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs
The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced.