Leading U.S. crypto exchange Coinbase has launched a new protocol for on-chain payments. The new open-source Onchain Payment Protocol is an update to Coinbase’s Commerce product. According to a blog post, the new protocol will simplify and standardize on-chain payments for currencies available on Base, Polygon, and other Ethereum Virtual Machine networks, offering volatility-free payments...Read More
Digital asset manager CoinShares announced securing an exclusive option to acquire Valkyrie Funds – the exchange-traded fund (ETF) division of Valkyrie Investments. The strategic acquisition option represents the next phase of CoinShares’ penetration into the US market, following the launch of CoinShares Hedge Fund Solutions in September this year. The option for CoinShares to acquire...Read More
Mastercard’s blockchain and digital assets lead for Asia-Pacific, Ashok Venkateswaran, has expressed skepticism about the wide adoption of central bank digital currencies (CBDCs). This comes as countries globally explore CBDCs, with only 11 having adopted them, 53 in advanced planning stages, and 46 researching the topic as of June, according to data from the Atlantic...Read More
14 Ukrainian officials underwent specialized training in the investigation of modern financial crimes during a course held in Vienna, Austria, from November 14 to 17. The Organization for Security and Co-operation in Europe (OSEC) reported that a group of supervisory and law enforcement officials from Ukraine was exposed to advanced methods and tools essential for...Read More
Joana Cotar, a German Bundestag (federal parliament) representative, has publicly endorsed Bitcoin as a legal tender in Germany. This endorsement surfaced in a recent interview, where Cotar shared her aspirations to integrate Bitcoin into the mainstream financial landscape of Germany. Further, Cotar unveiled plans to initiate a “preliminary examination” to formulate a legal framework for...Read More
Crypto startup investment company Republic has selected Avalanche as the blockchain to launch its native token, the Republic Note, as part of its mission to democratize private market investing. According to an announcement seen by CryptoPotato, Republic chose Avalanche for the launch due to the network’s scale, speed, and customizability, with intentions to expand its...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, November 15th, 2023] Sleek, a Web3 social network, today announces they have successfully raised US$5 million in a seed round, enabling them to power the ownership economy and bring blockchain-powered social media to the masses. Officially launched in April 2023, the company aims to revolutionize human connection by...Read More
In a week filled with significant price surges in the crypto market, dYdX (DYDX), VC Spectra (SPCT), and FTX Token (FTT) stand out as the leaders. While dYdX’s beta mainnet launch boosts its value, VC Spectra impresses investors in its public presale. Additionally, FTX Token saw a surge in response to Gensler’s remarks. Which of...Read More
Bitcoin has demonstrated remarkable market strength recently, as evidenced by on-chain analysis revealing a surge in BTC whale activity for transactions over $10 million. This increase now constitutes 30% of the recent transaction volume, matching a peak observed only once in 2023. This resurgence indicates renewed market confidence, driven by Bitcoin’s price movements and anticipation...Read More
Major stablecoin issuer Tether is looking to inject $500 million into bitcoin mining operations as part of the company’s plans to become one of the largest miners in the world. With the firm currently building bitcoin mining facilities in South America and Central America, the USDT issuer also has ambitious plans to contribute one percent...Read More
[PRESS RELEASE – Please Read Disclaimer] DappRadar has launched Quests, a targeted user acquisition and product discovery tool that taps into gamification and an engaging reward system. Dapps (decentralized applications), games and other Web3 projects can sign up to deploy quests, while users can discover compelling tasks and products through the Quests hub. Already the...Read More
Avalanche (AVAX) has surged to its highest price since August 2022, topping $24 today. Furthermore, the layer-1 blockchain token is the market’s top performer at the moment with nearly every other high-cap coin taking losses. AVAX has doubled in price over the past fortnight and made a whopping 166% over the last month, but what...Read More
Traders in Asia, especially South Korea, have played a major role in driving the unexpected surge in digital asset market volume. Data from CCData reveals a significant rise in market share for South Korean-based exchanges. In November, their market share surged to 12.9%, a significant increase from the 5.2% recorded in January. This rise aligns...Read More
