Bitcoin

Samuel Howe Departs Zodia Custody for Traditional Finance In a significant shift in the finance landscape, Samuel Howe, COO of Zodia Custody, has transitioned to traditional finance after just three months with the crypto custodian. This move highlights the ongoing movement of talent between the crypto and traditional finance sectors, according to CEO Julian Sawyer….

SEC Roundtable Crypto Regulation Insights: A Missed Opportunity While the recent SEC crypto roundtable brought a refreshing shift from past regulatory practices, it ultimately failed to address the pressing issues that could shape the future of digital asset regulations. Instead of innovative proposals, much of the discussion revolved around outdated debates, leaving the crypto industry…

PwC Italy Partners with SKChain to Develop EU Digital Identity The Italian branch of PricewaterhouseCoopers (PwC) has announced an exciting collaboration with blockchain consultancy firm SKChain Advisors to create a new EU digital identity product. This innovative solution will leverage blockchain technology to enhance secure access to digital platforms across Europe, including the emerging Web3…

World Network Partners with Visa for Innovative Wallet Integration Sam Altman’s World Network is set to integrate stablecoin payments through a new partnership with Visa, aiming to enhance crypto wallet functionalities and create seamless financial transactions for users globally. Background and Context In recent years, the integration of traditional banking with cryptocurrency has become increasingly…

Massive U.S. Ether ETF Net Outflows Reach $401 Million U.S. exchange-traded funds linked to ether have faced significant net outflows of $401 million in March, erasing the gains made in the first two months of the year. This decline accounts for nearly 6% of the $6.77 billion in total assets held by these ETFs, according…

Coinbase CLO Challenges U.S. Treasury on Tornado Cash Paul Grewal, chief legal officer at Coinbase, has expressed strong opposition to the U.S. Treasury’s claim that the recent court ruling on Tornado Cash is moot, arguing that the removal of the crypto mixer from the sanctions list may lead to renewed sanctions without a final judgment….

CoinDesk 20 Index Performance Update Revealed The latest CoinDesk 20 index performance update shows an impressive 4.9% gain as all tracked assets experience an upward trend, signaling a robust market resurgence. Background and Context The recent performance update of the CoinDesk 20 index is significant as it marks a positive trend in the cryptocurrency market,…

Tabit Insurance Secures $40M in Bitcoin for Innovative Policies Tabit Insurance, a Barbados-regulated firm founded by former Bittrex executives, has successfully raised a $40 million reserve entirely in bitcoin to offer groundbreaking insurance solutions. This marks a pivotal moment in the insurance industry as Tabit becomes the first licensed carrier to use bitcoin-only reserves to…

DYDX Token Rallies After New Buyback Program Announcement The dYdX token, integral to the decentralized derivatives exchange, experienced a notable surge of nearly 7%, climbing to $0.72, following the platform’s unveiling of a buyback program that allocates 25% of monthly protocol fees to buy tokens in the open market. This strategic initiative aims to bolster…

Strategy’s Bold Move: 6.9K Bitcoin Acquired for $584M In a strategic play to enhance its Bitcoin treasury, Strategy has acquired 6.9K Bitcoin, bringing its total stack to an impressive 506K tokens. This move, along with insights from Senior Analyst James Van Straten, sheds light on the evolving dynamics of Bitcoin in today’s financial landscape. Background…