A new crypto project backed by the team behind Polygon (MATIC) wants to introduce a new “proof of humanity” protocol. According to a new press release, the Humanity Institution, in partnership with Polygon Labs and Animoca Brands, is introducing a new zero-knowledge-proof, Ethereum Virtual Machine (zkEVM)-compatible blockchain that uses palm scanning technology. Using palm-scanning tech to …
Monthly archives: February 2024
Alex Mashinsky wants to continue retaining SBF’s defense lawyers for his trial
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Ripple would “welcome” an XRP ETF, CEO says
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Coinbase International Exchange hits $1 billion in daily trading volume
Coinbase’s non-US exchange saw over $1 billion in daily trading volume on Feb. 20. Coinbase International Exchange wrote: “In the last 24 hours [our] perpetual futures surpassed $1 billion in notional contract volume traded.” Coinbase CEO Brian Armstrong commented that it was the “first time” the non-US unit surpassed the $1 billion daily volume mark …
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Hong Kong issues regulatory standards for tokenized financial products
The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized financial products by authorized institutions. The initiative aims to foster innovation while ensuring robust consumer protection within the burgeoning field of tokenization, where real-world assets (RWA) are digitally represented using distributed ledger technology or similar …
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Crypto advocate John Deaton launches campaign to unseat Elizabeth Warren in US Senate
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MetaMask and Blockaid partner to develop “privacy-preserving module” to enhance web3 security
MetaMask, a leading crypto wallet, has partnered with Web3 security firm Blockaid to fortify security measures for its users across various chains, including Ethereum, Linea, BNB Chain, Polygon, Arbitrum, Optimism, and Avalanche. In a Feb. 20 statement shared with CryptoSlate, the firms explained that the collaboration would equip users with enhanced security alerts that would …
Year 18 witnessed unprecedented record flows into gold ETFs – Matt Hougan
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Pro-Crypto Lawyer John Deaton Enters Senate Race to Challenge Elizabeth Warren
Cryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” Deaton wrote on Tuesday. Deaton vs. Warren: …
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CME Group to Launch Micro Euro-Denominated Bitcoin and Ether Futures Amid Rising Demand
On Tuesday, CME Group unveiled plans to introduce micro euro-denominated bitcoin and ether futures, set to debut on March 18, contingent on regulatory green lights. These euro-based offerings will mirror their U.S. dollar-based equivalents, each representing one-tenth of the respective cryptocurrency’s value. CME Group Announces Micro Euro-Denominated Bitcoin and Ether Futures Launch Following the 2021 …
Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance
On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from 13 bitcoin exchange-traded products (ETPs), offering valuable insights. Pyth Network Launches Real-Time Feeds for Bitcoin ETFs …
Here’s a Rational Bitcoin Price Prediction for This Cycle, According to Trader Who Called May 2021 Collapse
The trader who accurately called the May 2021 crypto market crash is predicting a price pattern for Bitcoin (BTC) in the current market cycle using a model with historical reliability. Pseudonymous analyst Dave the Wave tells his 145,100 followers on the social media platform X that he expects Bitcoin to continue to trade within the …
Dormant Ethereum Whale From ICO Era Wakes Up To Deposit ETH Into Kraken: On-Chain Data
Someone who participated in the Ethereum initial coin offering (ICO) in 2014 just sent their ETH to crypto exchange Kraken after lying dormant for the better part of a decade. Blockchain tracker Lookonchain first spotted the entity depositing 1,732 Ethereum to Kraken just as ETH broke the $3,000 level. It’s not clear what the individual …
Government Prosecutors Urge Judge To Accept Plea Deal for Crypto Exchange Binance: Report
US government prosecutors are reportedly urging a federal judge to accept crypto exchange Binance’s plea deal. In November 2023, the top global crypto exchange was hit with a $4.3 billion fine by the U.S. Department of Justice (DOJ) to settle a multi-year investigation. Changpeng Zhao, Binance’s controversial chief executive, said he would plead guilty to …
Central Bank of Hong Kong Releases Guidance on Digital Asset Custody for Institutions
Hong Kong’s central bank is releasing new guidelines for institutions interested in offering crypto custodianship services. The Hong Kong Monetary Authority (HKMA) published new guidelines this morning for financial institutions seeking to sell or distribute tokenized products. According to the note, the HKMA encourages financial institutions to do their due diligence while researching potential digital …