Author: Coindesk
“While we’re starting with tokenization, that’s not where we’re ending,” Milrod said in an interview. “As soon as the U.S. regulations help us out, we will be providing digital custody services as well. We know how to be a custodian. We don’t do that on our balance sheet. We do that off-balance sheet. They’re not our assets.” Read the full article here
The leading U.S. economic indicators are still pointing to a slowdown, but no longer signal a recession, data from the Conference Board, a nonpartisan and non-profit research organization, showed Tuesday. That’s a positive sign for risk assets, including cryptocurrencies. Read the full article here
“It is a potential multi-year agreement and a minimum one-year/season deal,” a Floki team member told CoinDesk in an interview. “Regarding the benefits to Floki holders, there are many such as increased brand awareness & recognition as well as the exposure to our ecosystem and community.” Read the full article here
“We have seen both NYSE and NASDAQ withdraw their applications to list BTC ETF options over the past 72 hours, adding more headwinds to wider mainstream adoption at least in the short term,” Augustine Fan, head of insights at SOFA.org, said in a Telegram message. “TradFi continues to be cautious with ETF ETH buying on the lack of clarity over staking legalities,” Fan added, referring to ether’s (ETH) underperformance compared to bitcoin in the past week. Read the full article here
The call option at the strike price of $80,000 is the most popular, boasting an open interest of over $39 million. Broadly speaking, open interest is mainly concentrated in higher strike calls, starting from $70,000 to $140,000. That’s a sign of traders positioning for new record highs around the election time. Read the full article here
A Democratic mega-donor is leaving a top crypto Super PAC over the group’s plan to defeat a Democratic Senator.Ron Conway told other donors in an email that he disagreed with Fairshake, the best-funded crypto Super PAC, spending $12 million to unseat Senator Sherrod Brown (D-Ohio) in November. The email was first reported by Politico. Conway, a venture capitalist, donated $500,000 to Fairshake in December along with a who’s who of other elite tech figures. He said going after Brown would undermine efforts by Senate Majority Leader Chuck Schumer, a Democrat, to pass crypto legislation in Congress by the end of…
TON, the digital asset associated with Telegram, outperformed the broader market, rising nearly 3% to $6.75. The gain followed HashKey announcing a partnership with TON, in which it will offer regulatory guidance and collaborate on initiatives such as popular GameFi project Catizen, a Telegram-based gaming platform with multiple cat-themed mini games. “[We’ll] focus on the TON ecosystem to offer unique Web3 gaming experiences, fostering the prosperity and development of the TON ecosystem,” Ben El-Baz, managing director of HashKey Global, said in an e-mail. “Leveraging Telegram’s advantage to attract more developers represents a significant opportunity for TON.” Read the full article…
“Indeed, if the SEC is granted permission to file a sur-reply addressing the various common enterprise tests (which were not addressed in any prior pleading), Defendants will need sur-sur-reply to state our position on this new issue,” the letter from Tron’s attorney read. “In other words, the SEC asks for three pages to respond to an issue of its own devise.” Read the full article here
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Crypto scams can take a number of formats, including those that take customers’ money on the pretense of investing in cryptocurrencies without doing so. Also included in the ASIC sweep were phishing websites, which harvest personal data, and those claiming to use artificial intelligence (AI) to generate outsize returns. Read the full article here