Blocknox, part of Boerse Stuttgart’s digital division, has received final approval as a crypto custodian from the country’s financial regulator, BaFin. The license means Boerse Stuttgart Digital will be able to offer institutional investors in crypto trading and securities services, Germany’s second largest exchange said in an email on Thursday. Among the companies he plans […]
Despite all the regulatory scrutiny that surrounds the crypto-verse, platforms haven’t stopped building. Prioritizing innovation, Coinbase, a prominent cryptocurrency exchange is exploring “flatcoins” on its Base network. Recently, Coinbase revealed that “flatcoins” which are inflation-pegged stablecoins, would be essential to be formulated on the Base network. This is among three other “critical innovations” that are […]
Bitcoin and ether prices were little changed, with BTC down 0.57% and ETH down 2.52%. Trading activity is in order with the overall range below the 20-day moving average for both assets. This week is a bit uneventful, however, with the Federal Open Market Committee (FOMC) announcing another interest rate hike, banking institutions trying to […]
The US Supreme Court will hear arguments in the first crypto-related case on Tuesday, when lawyers for San Francisco-based Coinbase try to convince nine judges to stay in a class-action lawsuit against the exchange. crypto. Although the Supreme Court case will be heard on Tuesday regarding crypto, it is not itself a crypto case. Instead, […]
The inherent problem with blockchain systems is their inability to scale without security or scalability – a concept coined by Ethereum user Vitalik Buterin as the “blockchain trilemma.” However, the emergence of zero-knowledge (ZK) cryptography promises to change the way blockchains process, encrypt, and share data, providing powerful solutions that address even the most tedious […]
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so. More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a […]
Crypto conglomerate Digital Currency Group (DCG) is trying to find new banking partners for its holding company following the collapse of Silicon Valley Bank (SVB), Signature Bank (SBNY) and Silvergate (SI), as information viewed by CoinDesk. Santander (SAN), HSBC (HSBA), Deutsche Bank (DB), BankProv, Bridge Bank, Mercury, Multis and Series Financial are still ready to […]
Back in November, after the collapse of FTX, the exchange’s rival, Binance decided to roll out the Industry Recovery Initiative. The initiative planned to provide aid to cryptocurrency projects that were enduring a liquidity crisis post the FTX crash. This fund continues to entail $1 billion worth of Binance USD Coin [BUSD]. More recently, Changpeng […]
There have been some surprises in the Huobi brand lately. In the early hours of March 10, HT electricity went from $4.70 to almost $0.40 within minutes. The exchange token reached $4.92 intraday on March 9. However, it lost almost 20% on the day, and is currently trading at around $3.95.In addition, a large liquidity […]
The liquid situation in the bitcoin (BTC) and ether (ETH) market continues to worsen and the current situation is more dangerous than it was three months ago. This worries traders about the wild price changes in the crypto market. Liquidity refers to the market’s ability to make large purchases and sales at stable prices. A […]
