Singapore’s Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen
The address has already made $200 million from its ether holdings.Source
Chiliz’s CHZ Token Pre-UEFA Euro Price Surge Revives FIFA Memories
CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value.Source
BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June
A ‘Seed Capital Investor’ has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.Source
U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year
Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won’t have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.Source
U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says
FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.Source
NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024
NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets.Source
Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
Gravity’s first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.Source
U.S. Treasury Describes NFTs as ‘Highly Susceptible to Use in Fraud and Scams’
“The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes,” the Treasury said.Source
TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.Source
The Protocol: Behind the Scenes as Big-Tent Consensus Goes Up
We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk’s annual conference, which starts Wednesday in Austin.Source