Oxford quantum computing spinout announces $100M funding round led by Japan’s SBI

OQC is also launching what it calls “the world’s first enterprise ready quantum computing platform.” News Join us on social networks Oxford University physics spinout Oxford Quantum Circuits (OQC) recently announced the launch of Toshiko, a 32-qubit quantum computing services platform, alongside a $100-million Series B funding round led by Japan’s SBI Group’s investment arm. …

Interactive Brokers opens Hong Kong retail crypto trading with OSL

Hong Kong clients will be able to purchase Bitcoin and Ether in their personal accounts. News Join us on social networks Interactive Brokers, one of the largest brokerage firms in the world, has opened crypto trading for retail clients in Hong Kong. According to the Nov. 28 announcement, the service is offered in conjunction with …

Changpeng Zhao steps down as Binance.US chair

The former Binance CEO faces one felony count in the U.S. as part of a settlement with local officials and regulators. News Join us on social networks Changpeng “CZ” Zhao, the former CEO of major cryptocurrency exchange Binance, will also step down from his position as chair of the board of directors for the United …

Arax Holdings launches CBC20 Core Token to fuse real-world assets with crypto ecosystem

Arax Holdings announced the successful deployment of its CBC20 Core Token on the Core Blockchain on Nov. 17 as part of its expansion plan for the blockchain network ecosystem, according to a Nov. 28 statement. The Core Token has a total supply of 1 billion and is designed to streamline the integration of real-world assets …

dYdX Chain completes mainnet migration, rolls out $20 million in DYDX token rewards

The decentralized trading platform dYdX Chain has achieved a significant milestone, transitioning from its ‘Beta Stage’ to ‘Full Trading’ as of Nov. 28. The initiation on the dYdX Chain was activated following a dYdX governance vote, showcasing the platform’s focus on decentralized decision-making and community-driven development. Major markets such as BTC-USD, ETH-USD, SOL-USD, and LINK-USD …

Price fluctuations in stablecoins spotlight diverging market sentiments

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Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes

Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain’s Tax Administration Agency, Agencia Tributaria. The tax agency introduced Form 721, a declaration form specifically designed for virtual assets held abroad. The form would require legal residents …

MAS Director mislabels Bitcoin a ‘private cryptocurrency’ stating it has ‘failed the test of money’

At the recent GDEC 2023 conference, Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), critiqued Bitcoin and similar digital currencies, questioning their viability as a form of money. Menon asserted that private cryptocurrencies, including Bitcoin, have “miserably failed the test of money,” primarily due to their volatility and use as vehicles for …

ProShares ETFs exemplify ‘buy the rumor, sell the news’ in crypto markets

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

‘One of Most Bullish Charts I’ve Seen’ – Ex-Goldman Sachs Executive Details Ethereum Outlook As ETH Prints New Pattern

Real Vision CEO Raoul Pal says that key indicators are flashing bullish for the smart contract platform Ethereum (ETH) as the altcoin remains above the $2,000 level. In a new analysis, the former Goldman Sachs executive says that Ethereum’s price action continues to print bullish patterns. “The zoomed-out chart of Ethereum continues to be one …

Whales Start Shifting DEX Token Ahead of Massive $505,500,000 Unlock

Whales have started shifting a decentralized exchange altcoin ahead of a massive $505.5 million token unlock. dYdX (DYDX), a decentralized exchange (DEX), migrated from Ethereum (ETH) to Cosmos (ATOM) and launched its own dYdX Chain last month. The new chain was developed as a standalone blockchain based on the Cosmos SDK (software development kit) and Tendermint …

More foreign banks join China’s CBDC pilot trials

A total of four foreign banks have integrated China’s e-CNY CBDC thus far. News Join us on social networks More foreign banks have joined China’s digital yuan central bank digital currency (CBDC), the e-CNY, following British bank Standard Chartered’s entry on Nov. 27, bringing its total to four. According to local news reports, Hong Kong-based HSBC, …

‘Buy the rumor, sell the news’ — Bitcoin ETF may spark TradFi sell-off

Bitcoin retail investors may end up with a hot potato if the spot ETF go-ahead plays out like gold 20 years ago, analysis considers. Markets News Join us on social networks Bitcoin (BTC) may suffer when the first spot exchange-traded fund (ETF) is approved by the United States, a new warning says. In a thread …

Real AI use cases in crypto, No. 2: AIs can run DAOs

For every genuine blockchain project harnessing artificial intelligence there are 100 coins trading off the hype. Magazine spoke with Near founder Illia Polosukhin, Framework Ventures founder Vance Spencer, MakerDAO founder Rune Christensen, Richard Ma from Quantstamp, Ralf Kubli from Casper and others to explore some of the key hype-free, genuine use cases for AI in …

Bitcoin mining firm Phoenix Group delays share listing

Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023. News Join us on social networks Cryptocurrency mining firm Phoenix Group is preparing for its public trading launch after seeing a significant oversubscription during the pre-market sale on Nov. 21. Phoenix’s public …

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