Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.Source
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Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Cryptocurrency exchange Binance has released its web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.Source
OpenSea Investor Coatue Cuts NFT Marketplace’s Valuation by 90%: Report
Coatue also marked down its stake in MoonPay by 90%Source
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.Source
Crypto’s Bromance With U.S. CFTC May Be One-Sided
Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency’s annual enforcement snapshot released on Tuesday.Source
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will start in “coming weeks.”Source
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.Source
Crypto Tax Platform Blockpit Buys Rival Accointing From Glassnode
The “multi-million dollar” acquisition gives Austria-based Blockpit a footprint in the U.K.Source
Crypto Traders Are Earning 165% Yields By Staking a Token Named After Elon Musk’s Pet
Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem.Source