🧑💻 #ETH The privacy team of the Ethereum Foundation has spun off into a commercial company called EthSystems. This new entity will provide services to institutions.
🇺🇸🆕 Regulation
The governments of the United Kingdom and the United States have issued a joint statement supporting closer coordination in regulating stablecoins and their use in cross-border payments, settlements, and capital markets.
Stablecoins should be backed by high-quality liquid assets at a minimum ratio of 1:1.
Reserves should be separated from the issuer's own funds, with timely redemption and clear, protected rights for holders to receive payment in case of insolvency. #stablecoin
The governments of the United Kingdom and the United States have issued a joint statement supporting closer coordination in regulating stablecoins and their use in cross-border payments, settlements, and capital markets.
Stablecoins should be backed by high-quality liquid assets at a minimum ratio of 1:1.
Reserves should be separated from the issuer's own funds, with timely redemption and clear, protected rights for holders to receive payment in case of insolvency. #stablecoin
Forwarded from Elite Trade Signals – Crypto | Forex | Gold
After price engulfed the 1.924 level and pulled back to it, the move developed exactly as analyzed.
#NEARUSD #Crypto #SIGNAL #SignalsToday
@Signals2day
#NEARUSD #Crypto #SIGNAL #SignalsToday
@Signals2day
🐳 #HYPE Whale "0xf29" deposited $5M in $USDC into HyperLiquid and placed a TWAP order to open a $CXMT short position with 1x leverage. The position is increasing.
📈 #ETH Velocity has raised $38 million to build infrastructure for enterprise treasury stablecoins. #stablecoin
💰 Ark Invest acquired Circle shares for approximately $14 million and Block Inc. shares for about $1.5 million. The firm also sold Robinhood shares for around $3.15 million.
🇰🇷🗽 #BTC #ETH South Korea plans to include cryptocurrency under its upcoming state asset management law. #regulation
🇰🇷🗽 #BTC #ETH South Korea plans to include cryptocurrency under its upcoming state asset management law. #regulation
🔮 #MATIC Czech Republic Orders Internet Providers to Block Polymarket After It Was Added to the Blacklist of Gambling Sites - Cointelegraph.
🕵️ #BNB BNB Chain Completes 36th Quarterly Burn, Removing 1.61M BNB
According to an official announcement, BNB Chain has completed its 36th quarterly BNB token burn, destroying 1,615,827.795 BNB worth approximately $932 million at the time of the burn.
Following the burn, BNB’s total supply stands at 133,166,127.91 BNB. This quarter’s and future burns will be conducted directly on BSC, with the corresponding BNB sent to a burn address.
According to an official announcement, BNB Chain has completed its 36th quarterly BNB token burn, destroying 1,615,827.795 BNB worth approximately $932 million at the time of the burn.
Following the burn, BNB’s total supply stands at 133,166,127.91 BNB. This quarter’s and future burns will be conducted directly on BSC, with the corresponding BNB sent to a burn address.
🧐 #USDT According to arbitration documents filed in federal court in Boston, Circle suspended the issuance and redemption services for Heka Funds in December 2023. This decision followed concerns that the arbitration fund, based in Malta, may have manipulated the market in favor of Tether.
Tether invested $800 million in Heka's Elysium fund, which represents approximately 75% of its assets, and waived issuance fees for USDT for Heka. #regulation
Tether invested $800 million in Heka's Elysium fund, which represents approximately 75% of its assets, and waived issuance fees for USDT for Heka. #regulation
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💰 #BTC Jeff Walton stated, "Bitcoin can be a $10–15 trillion asset. We want to position ourselves accordingly to maximize shareholder value." He added, "We are sitting on one of the biggest capital-formation opportunities of our lifetimes.".