The Singapore-based BSN Foundation, a global blockchain infrastructure organization, officially announced its launch with five international founding members on Nov. 16. BSN’s founding members include the institutional digital asset wallet Blockdaemon, the blockchain infrastructure automation platform Zeeve, the digital asset creation platform Toko and tech firms GFT Technologies and Red Date Technology. The newly formed BSN Foundation will serve as […]

BlackRock, the world’s largest asset manager, officially filed for a spot Ether exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Nov. 15. The Ether (ETH) ETF, dubbed the iShares Ethereum Trust, aims to “reflect generally the performance of the price of Ether,” read the S-1 filed with the SEC. The iShares brand is associated with BlackRock’s […]

The SEC has delayed its decision on Grayscale’s Ethereum Futures Trust until January 1, 2024. The cryptocurrency market is not worried about the SEC’s delay tactics. Grayscale’s CEO believes that turning ETHE into an ETF is a smart move that will help Ethereum gain regulatory approval. In recent news, the Securities and Exchange Commission (SEC) has surprised everyone by extending […]

Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin. In a Nov. 15 statement, Paxos said it received an initial nod from the Monetary Authority of Singapore (MAS) for its new entity Paxos Digital Singapore Pte. Ltd. The new firm can offer digital payment token […]

According to a recent press release from Commerzbank, the bank has become the first full-service German bank to receive a Crypto Custody Licence. This license, as stipulated under the German Banking Act (KWG), positions Commerzbank to broaden its offerings in the digital asset space with a focus on cryptocurrencies. The bank’s initial step is to establish a secure and regulatory-compliant […]

In this week’s newsletter, check out Disney’s plans to release a nonfungible token (NFT) platform by the end of 2023 and find out why NFT sales volumes will likely continue their upward trend in the coming months. Read about China’s stance on NFT theft and why the CEO of Roblox “dreams” of interoperability. In other news, find out what caused […]

In an interview with El Financiero Bloomberg TV on 14 November 2023, Jamie Dimon, Chairman and CEO of JPMorgan Chase, provided an in-depth analysis of several critical aspects of the U.S. economy, including inflation, the Federal Reserve’s interest rate policies, and the country’s credit rating. Dimon discussed the recent data indicating a slowdown in U.S. inflation in October. He expressed […]

While the crypto community is still weathering the effects of the recent $100 million Poloniex hack, another cybersecurity threat that could affect billions worth of crypto assets has been discovered by a team of blockchain security experts.  On Nov. 14, cybersecurity company Unciphered released information on a vulnerability that it called “Randstorm,” which it claims to affect millions of crypto […]

A fake BlackRock XRP ETF filing caused a brief surge in XRP’s value, only to plummet after the truth was revealed. Legal expert Jeremy Hogan warned investors about the deceptive episode. This incident serves as a reminder for investors to remain cautious and skeptical of unverified news in the crypto world. In a recent twist, the crypto world buzzed with […]