Day: November 9, 2023

Swiss Crypto Bank SEBA Secures Hong Kong SFC License to Expand in Asia

SEBA Bank, a Swiss crypto bank, has successfully received a license from the Hong Kong Securities and Futures Commission (SFC) to offer a variety of crypto-related services in the region. This marks SEBA’s first significant step into the Asia Pacific market. The bank had set up its Hong Kong office in November 2022 and received […]

BlackRock Dives Deeper into Crypto with iShares Ethereum Trust Filing in Delaware

BlackRock has taken a significant step towards expanding its cryptocurrency offerings by filing to register a new iShares Ethereum Trust in Delaware. This move comes as the company awaits a critical decision from the Securities and Exchange Commission (SEC) on its spot bitcoin ETF application. Today’s filing with the Delaware Department of State Division of […]

Grayscale Chainlink Trust’s Surge to 200% Premium Signals Soaring Institutional Interest in LINK

The Grayscale Chainlink Trust, a regulated investment vehicle for U.S. investors seeking exposure to Chainlink’s LINK tokens, has seen its premium soar to an unprecedented 200%, a clear indicator of surging institutional demand for LINK. In the last week alone, the price of the Grayscale Chainlink Trust (GLNK) shares has skyrocketed, nearly doubling from $21 […]

Massive XRP Purchase on Upbit Coincides with a Significant Price Rally

A substantial amount of XRP was recently purchased on the exchange platform Upbit. Blockchain transaction monitoring system Whale Alert brought this major movement of XRP tokens to light. In parallel with this event, unidentified wallets have transferred a combined total of nearly 40 million XRP to two predominant exchanges, worth about $14.6 million. These considerable […]

NFT Marketplace Sees Surge as Yuga Labs Co-Founder Goes on $1.5M Buying Binge

The NFT ecosystem experienced a jolt of excitement as Wylie Aronow, better known as Gordon Goner and co-founder of Yuga Labs, embarked on a multi-million dollar NFT acquisition spree, scooping up pieces from acclaimed collections like CryptoPunks and Doodles, as well as works by the illustrious digital creator, Beeple. This shopping binge has been a […]

Senators Rally for Crypto Self-Custody Rights

In a decisive move to bolster the rights of cryptocurrency users, Senator Ted Budd (R-NC) has introduced the Keep Your Coins Act in the Senate. This bill is a staunch defense of the individual’s right to self-custody digital assets, a timely response to the heightened scrutiny on cryptocurrency custody following the FTX exchange debacle in […]

HSBC Ventures into Tokenized Securities Custody

HSBC, the banking behemoth, has announced its foray into the digital asset custody arena, with a focus on tokenized securities such as blockchain-based bonds. Slated for a 2024 launch, this service is tailored for institutional clients, marking a significant expansion of HSBC’s digital asset initiatives. This development trails the bank’s recent introduction of a blockchain […]

NEAR and Polygon Unite for zkWASM Innovation

The NEAR Foundation has partnered with Polygon Labs to develop zkWASM, a novel zero-knowledge proof solution designed to boost interoperability and security across WASM-based blockchains. This alliance was announced amidst the buzz of NEARCON, the annual NEAR community event in Lisbon, setting a new precedent for blockchain technology collaborations. The partnership is a strategic fusion […]