Author: Coindesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
“I think there’s a long time between now and an election and so I wouldn’t expect them to further the details out at this point,” said Varun Paul, senior director and business lead for CBDC and financial market infrastructure at Fireblocks. “I’m pleased – I don’t think that digital assets are proving to be a political hot potato at the moment, I think we’re lucky in the U.K. that it’s not become a political battleground like it has been in the U.S.” Read the full article here
Block trades are privately negotiated futures, options, or combination trades exceeding certain volume thresholds. Participants typically use communication technologies like Paradigm to request quotes bilaterally and agree on the price, following which the trade is submitted to an exchange, in this case, Deribit, for execution and clearing. Read the full article here
“Self-custody wallet experience was completely broken and required users to go through several hurdles of the Web3 space like blockchain, self-custody, security and trust, signing transactions or gas fees,” said Khandelwal. “Okto is the first such system which provides a Web 2-like single click mobile experience in the Web3.” Read the full article here
“With the decrease in hashrate, market share of our 3 covered miners has gone up after halving by almost 20 basis points (bps),” analysts Gautam Chhugani and Mahika Sapra wrote, adding that “we expect the top 3 listed bitcoin miners to continue to consolidate market share via organic and M&A led expansion.” Read the full article here
Adding some fuel to the fire was a piece in the SCMP that said these ETFs would be available to mainland traders who have Hong Kong residency and brokerage accounts. That’s certainly true, but there’s a massive caveat: it’s like saying that mainlanders with U.S. residency can open an American brokerage account and trade New York-listed stocks (which they can’t). This doesn’t mean that they are available in mainland China, as the trading, by mainlanders with Hong Kong residency, is done in Hong Kong. Read the full article here
We can see today that LLMs like GPT-4 are already capable of understanding the intent behind a user’s message, and reason intelligently about how to respond, while at the same time having read all of the text on the internet to inform its answer. So it’s not a big leap to imagine a text-based interface to an agent that has read all relevant crypto media, ingested and understood all the data from all the blockchains, AND has the ability to execute actions on-chain. Read the full article here
Officially, the U.S. is a bicameral system, with the two legislative bodies working to craft bills that are sent to the president for signature. But the reality is the balance of power is a three-part affair, with the president able to reject what’s sent to him, or bills dying from between the House and the Senate, or being substantially modified in the process. Read the full article here
“It appears the crypto exchange Rain was likely exploited for $14.8M on April 29, 2024 after their BTC, ETH, SOL, and XRP wallets saw suspicious outflows. Funds were quickly transferred to instant exchanges and swapped for BTC and ETH,” ZachXBT wrote on Telegram. Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…