Crypto’s Darkest Hour, and the Bright Day Ahead
There really is a crypto future worth fighting for if we can just leave the crypto clowns behind.
Finance
BlackRock Bitcoin ETF Has, Since August, Appeared on DTCC Site That Belatedly Moved Markets This Week
Impulsive trading in crypto markets is nothing new and the movement in the price of bitcoin (BTC) over the past two days over the addition – and then removal – of BlackRock’s proposed ticker for its spot bitcoin ETF on the Depository Trust & Clearing Corp.’s website is just another example.
Co-Founder of Paradigm, a Top Crypto Investor, Steps Down as Managing Partner to Focus on Science
Fred Ehrsam, co-founder of large crypto investment firm Paradigm, has stepped down as managing partner at the company and will act as a general partner going forward, he announced in a Tuesday post on X (formerly Twitter).
Grayscale Partners With FTSE Russell for New Crypto Indexes Business
U.S. crypto asset manager Grayscale Investments has entered into a partnership with FTSE Russell – the index division of London Stock Exchange parent LSE Group – to create a new crypto indexes business.
Euroclear Unveils RWA Tokenization Service With World Bank’s 100M Euros Digital Bond Issuance
The digital bond was issued on R3’s Corda blockchain, while global bank Citi and investment manager TD Securities assisted in the issuance.
BTC Valued at $144M Sent to Coin Mixer From Defunct Darknet Market After Eight-Year Wait
An entity has moved 4,800 BTC ($144M) to a coin mixer from a wallet tied to defunct darknet marketplace Abraxas, which closed in 2015.
PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.
Solana’s Largest Defi Protocol Marinade Starts Blocking UK Users
Solana’s largest decentralized finance (DeFi) protocol, Marinade Finance, has blocked users in the United Kingdom from accessing the site due to “compliance concerns” over Financial Conduct Authority (FCA) regulations.
Coinbase’s Grewal Is ‘Quite Hopeful’ That Bitcoin Spot ETFs Will be Approved
Grewal said in a CNBC interview that he is “confident” that after SEC will fulfill its responsibilities in making a decision about the approval of the ETF applications.
Tokenization of RWAs Gets Boost With DTCC Deal to Buy Blockchain Startup Securrency
Securrency provides institutions with blockchain-based regulatory technology on top of existing legacy systems to enable digital asset adoption in a compliant manner.