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Standard Chartered Launches Bitcoin and Ethereum Custody in UAE

11.9.2024
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first...

North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

11.9.2024
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve...

Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation

11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...

Prediction markets are the killer blockchain app we've been waiting for

11.9.2024
As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we're likely to see an explosion of creativity

Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy

11.9.2024
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies...

Ramp Network Expands Crypto Services to All 50 US States

10.9.2024
Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell...

Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert

10.9.2024
The recent plunge in the price of bitcoin was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it's more likely a sign of healthy growth

Accenture invests in Emtech to strengthen CBDC, fintech solutions

10.9.2024
The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

10.9.2024
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin...

Spot Bitcoin ETFs Snap Outflow Trend With $28.72M Inflows; Ether ETFs Falter

10.9.2024
According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outflows of $5.2 million during the trading session....

PayPal, Venmo to Accept ENS's Human-Readable Blockchain Names

10.9.2024
The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies

Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward

10.9.2024
A solo bitcoin {{BTC}} miner beat a swathe of powerful mining pools to receive a $181,000 reward after mining block 860749 on Tuesday

Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime

10.9.2024
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce...

Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

10.9.2024
Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681 exahash per second (EH/s), Fractal Bitcoin’s sidechain has attracted about 241 EH/s...