Author Archive for: GRYZUoDLu7t8z22
Entries by GRYZUoDLu7t8z22
KPMG Survey Finds 39% of Canada’s Institutional Investors Had Exposure To Crypto Assets in 2023
Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.Source
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.Source
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
One of the issuers waived management fees for the first six months, undercutting rival offerings.Source
Why Base Chain Has Potential to Lock the Next Generation of Crypto Users
The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.Source
Why Asset Tokenization Is Inevitable
On-chain real-world assets and the integration of wallet infrastructure will replace intermediaries and become standard in the modern asset management lifecycle, says Mehdi Brahimi, head of institutional business at L1.Source
Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.Source
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.Source
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.Source
The Ever-Dwindling Chances for a Stablecoin Law
Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It’s the latest effort to try and get something done in the U.S. legislative front – but is it enough?Source