After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings.

Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

Cryptocurrency intelligence firm Glassnode has said it’s dropping crypto tax-related projects to focus on new solutions targeting institutional investors and decentralized finance (DeFi).

10 months ago

DZ Bank AG launches its own digital assets custody platform, built on blockchain.

DZ Bank, third-largest German bank, to start crypto custody for institutional investors

DZ Bank, the third largest bank in Germany by asset size, has launched its own digital assets custody platform built on the blockchain. According to an announcement published on Nov. 2...

10 months ago

Monero’s community wallet was drained of all assets following a security breach described as shocking and a little sketchy.

Monero’s Security Breach Drains Entire Funds In Community Wallet: What’s Going On?

The attack on the privacy coin’s wallet took place on Sept 1 but was not revealed until Nov 2 on GitHub. According to the company, the source of the breach remains unidentified a...

10 months ago

Cathie Wood Picks Bitcoin for 10-Year Investment Over Gold and Cash

Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade

Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over traditional safe havens like gold or cash. ...

10 months ago

Elon Musk argued that NFT projects “should at least encode the JPEG in the blockchain,” to the delight of many Bitcoiners.

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

While publicly mocking nonfungible tokens (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted the case for Bitcoin Ordinals, also known as Bitc...

10 months ago

Bitcoin Social Volume Of Bearish Terms Has Surged Recently

Social Media Users Turn Bearish On Bitcoin, Rally Ahead?

Data shows the social media sentiment around Bitcoin has turned bearish, something that could be positive for the asset’s price. According to data from the on-chain analytics fir...

10 months ago

SEC To Greenlight Spot Bitcoin ETF November 2? Lawyer Spots Clue

Scott Johnsson, a notable attorney from Davis Polk, has shed light on a potential clue regarding the approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) on November...

10 months ago

Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency.

Spot Bitcoin ETF Could Attract $3B on First Day and Up To $55B Over Five Years: Analysts

While estimating the potential cash inflow for such a fund remains a subject of debate among market players, projections range from $3 billion on its first day to a staggering $55 billion over a...

10 months ago

CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist Roger Ver.

Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'

In early 2023, CoinFLEX CEO Mark Lamb was in search of a life rope. His Seychelles-based crypto exchange had just filed for restructuring, and a last-ditch attempt to save the com...

10 months ago

JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1 billion worth of daily transactions, Global Head of Payments, Takis Georgakopoulos revealed.

JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements

Georgakopoulos revealed in an interview on Bloomberg Television that JPM Coin is currently transacted daily, primarily in US dollars. He further emphasized the bank’s commitment ...

10 months ago