Surprise: BIS Used Ethereum Testnet And Curve Finance’s Code In CBDC Pilot

Project Mariana, an initiative whose goal was to explore the application of central bank digital currencies (CBDCs) in enhancing the efficiency and security of cross-border payments, has been successfully concluded, the Bank of France has confirmed. Even as this pilot comes to an end, one developer notes that the Bank of International Settlements (BIS) reportedly utilized the public … Read more

Coinbase Secures Regulatory Approval For Retail Perpetual Futures Trading

Coinbase, the renowned cryptocurrency trading platform, has announced that its Bermuda-based entity, Coinbase International Exchange, has received regulatory approval from the Bermuda Monetary Authority (BAM) to offer perpetual futures to retail customers outside the United States.  The move marks Coinbase’s entry into the rapidly growing market for perpetual futures, which have become dominant in cryptocurrency … Read more

Ethereum (ETH) Rebounds Massively: Crypto Waking Up?

Ethereum, the second largest cryptocurrency by market capitalization, is showing signs of life after a period of stagnation. The asset has recently seen a significant rebound, raising eyebrows and hopes alike. While the exact numbers cannot be obtained at this moment, general sentiment around Ethereum is turning bullish. According to recent data, ETH is priced … Read more

Blackrock, Bitwise Spot Bitcoin ETF Filings Delayed; What Next?

After having given an early decision on the ARK Invest 21Shares spot Bitcoin Exchange Traded Fund (ETF) filing, the U.S. Securities and Exchange Commission (SEC) has in a fresh development delayed the filings from Blackrock and Bitwise. Hence, the chances of a spot Bitcoin ETF approval in 2023 may effectively be nullified. Blackrock Dominance The … Read more

VanEck Announces Plans To Launch Ethereum Futures ETF (EFUT)

Prominent investment manager VanEck has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). Interestingly, this development comes a few hours following news that the US Securities and Exchange Commission (SEC) was looking to fast-track the approval of some Ether futures ETF applications ahead of a US government shutdown.  VanEcK Set To Launch Ethereum … Read more

Just In: Microsoft and Google-Backed AlphaSense, Secures $150M Funding

Google and Microsoft-supported AI enterprise AlphaSense recently announced a successful $150 million Series E funding round. Hence, the company’s valuation has soared to an impressive $2.5 billion. This milestone comes after its June 2023 Series D round, where it secured $225 million, placing its valuation at $1.7 billion. What Sets AlphaSense Apart? Unlike the broad … Read more

XRP Lawyer Mocks SEC’s Interlocutory Appeal, Calls it “Desperate Tactics”

XRP holder’s lawyer, John Deaton has once again called out the United States Securities and Exchange Commission (SEC) for its unrepentant approach toward the lawsuit filed against blockchain payments firm, Ripple Labs Inc. The Deaton Exception According to the highly vocal crypto lawyer, the Gary Gensler-led regulator is so comfortable with its own version of … Read more

Did Ripple Lie About XRP Utility? CTO Has Answers

Ripple’s Chief Technology Officer (CTO) David Schwartz has further clarified the actual use case of his company’s XRP Ledger and its utility token XRP following comments that put the network’s reputation in question.  XRP’s Actual Utility A particular X page (@EthereumThaila1), which seems to be a pro-Ethereum user, had ignited this particular X thread following … Read more