Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp
The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.
Finance
New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto
In his first public interview since getting the job last month after founder Changpeng “CZ” Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company’s governance.
DeFi Market Rebounds to $50B as Speculators Hunt for Yield
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months.
BlackRock Received $100K Seed Funding for Spot Bitcoin ETF
The unknown seed investor agreed to purchase $100,000 shares on October 27, 2023, BlackRock’s latest filing reveals.
Tokenization of RWAs Gets Push in Europe as AXA, Generali Buys SocGen’s Green Bonds on Ethereum
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements.
Standard Chartered-Backed Zodia Custody Joins Ripple-Owned Metaco’s Global Crypto Storage Network
Zodia Custody to use Metaco network (Pixabay)
Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).
Cryptocurrency Worth $1.5M Seized From Former Ukrainian Head of State Communications
The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine’s former head of the State Special Communications Service, according to local news outlet RBC.
KuCoin Ventures to Provide $20K Grant to TON Ecosystem
KuCoin Ventures’ funding will be allocated to five “mini-apps” on TON focusing on payments and gaming.
Cathie Wood’s ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares
COIN reached its highest level since April 2022, rising to $130.31 on Wednesday.