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Credit: Image by Yahoo via YAHOO NEWS Cboe Proposes Staking for Fidelity’s Ether ETF Securities exchange Cboe BZX is making headlines as it seeks permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF). This move, detailed in a filing dated March 11, could potentially reshape the landscape of cryptocurrency investment and…
Credit: Image by Yahoo via YAHOO NEWS Texas Lawmaker Proposes $250M Cap on Bitcoin Investments A member of the Texas legislature has introduced a significant bill that could reshape the state’s approach to cryptocurrency investments. On March 10, Texas Representative Ron Reynolds filed a proposal aimed at capping the amount local and state authorities can…
Credit: Image by Yahoo via YAHOO NEWS EU Regulators Investigate OKX Over $100M Bybit Laundering Case European Union regulators are intensifying their scrutiny of the cryptocurrency exchange OKX, which is allegedly linked to the laundering of $100 million in funds stolen during the Bybit hack. According to a report by Bloomberg on March 11, sources…
Credit: Image by Yahoo via YAHOO NEWS Bitwise Launches Bitcoin Corporate Treasury ETF The financial landscape is evolving, and Bitwise Asset Management is at the forefront with the introduction of the Bitwise Bitcoin Standard Corporations ETF (OWNB). This innovative exchange-traded fund aims to track the Bitwise Bitcoin Standard Corporations Index, which focuses on companies that…
Credit: Image by Yahoo via YAHOO NEWS 4 Key Indicators That $76.7K Bitcoin May Be the Bottom As Bitcoin continues to navigate the volatile waters of cryptocurrency trading, some analysts are suggesting that the current price of $76.7K could represent the ultimate low for this digital asset. While there are voices claiming that Bitcoin has…
Credit: Image by Yahoo via YAHOO NEWS CoreWeave and OpenAI: A Groundbreaking $11.9 Billion Deal On March 11, 2023, CoreWeave announced a monumental five-year agreement with OpenAI, valued at up to $11.9 billion. This partnership marks a significant milestone in the realm of artificial intelligence infrastructure, as OpenAI, the nonprofit organization behind the revolutionary ChatGPT,…
Credit: Image by Yahoo via YAHOO NEWS Coinbase’s Strategic Comeback in India: FIU Registration Secured Cryptocurrency exchange Coinbase is making significant strides towards re-establishing its presence in India, having recently secured a license from the country’s Financial Intelligence Unit (FIU). This pivotal development was announced on March 11, when Coinbase took to social media to…
Credit: Image by Yahoo via YAHOO NEWS THORChain Faces Dilemma: Balancing Decentralization and Illicit Use THORChain has recently found itself at a critical juncture, grappling with accusations of being a money laundering protocol—a label that no decentralized finance (DeFi) project desires, especially with regulators poised to scrutinize its operations. Supporters of THORChain defend its decentralized…
Credit: Image by Yahoo via YAHOO NEWS Cantor Fitzgerald Chooses Anchorage Digital and Copper for Bitcoin Custody Investment banking giant Cantor Fitzgerald has made a significant move in the digital asset space by selecting Anchorage Digital and Copper as its Bitcoin custodians and collateral managers. This strategic decision comes as the firm launches its new…
Credit: Image by Yahoo via YAHOO NEWS Decentralized Infrastructure: The Future of Open Data in Web3 Open data must transition to decentralized infrastructure to realize its full potential and reap the benefits of affordable LLM training, accessible research data sharing, and unstoppable DApp hosting. Currently, open data is a significant contributor to building a global…
