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Tether Dominates Stablecoin Ecosystem, CFX Labs Raising Funds for Solana-Based Stablecoin
November 15, 2023
Key Points As per recent reports, a significant divergence can be seen within the stablecoin landscape. Dominating its competitors, Tether (USDT) has crossed an impressive circulating supply of 87 billion, …
Read moreBitcoin Market Maturation Noted and Crypto Market Witnesses Capital Inflow
November 15, 2023
Bitcoin Market Shows Maturity Amid Fluctuations, Crypto Market Sees Inflow The Bitcoin market continues to show signs of maturation, as shown by the differential reaction to a recent 5% dip …
Read moreSignificant Investments in Fhenix and Arkham by Sora Ventures and Binance Labs
November 15, 2023
Fhenix, the first confidential blockchain leveraged by fully homomorphic encryption (FHE) within the Ethereum ecosystem, has received a $7 million investment led by Sora Ventures. The Fhenix Network's introduction of …
Read moreTech Giants Microsoft and Tencent Aid Decentralization of Infura Network
November 15, 2023
Web2 giants, including Microsoft and Tencent, have partnered with Consensys on its mission to decentralize the Infura network, a key gateway to Ethereum for the decentralized finance (DeFi) sector. The …
Read morePoloniex Restores Services After $100M Heist
November 15, 2023
Following a security breach involving over $100 million worth of digital assets, including Ethereum (ETH), cryptocurrency exchange Poloniex announced their almost complete restoration of deposit and withdrawal services. The breach …
Read moreIMF Chief Suggests CBDCs Could Replace Cash, Strengthen Financial Inclusion
November 15, 2023
The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has urged the public sector to continue preparations for the deployment of Central Bank Digital Currencies (CBDCs). During her speech at …
Read moreCommerzbank Authorized to Offer Crypto Custody Services
November 15, 2023
German full-service bank, Commerzbank, has received a crypto custody license from local regulators, becoming the first in the country to do so. The license allows the institution to offer crypto …
Read moreSingapore's MAS Launches Five More Industry Pilots for Project Guardian
November 15, 2023
In a concerted effort to drive institutional adoption of digital assets and broaden financial markets capabilities, Singapore's Monetary Authority (MAS) has scaled its asset tokenization projects under the umbrella of …
Read moreOKX, Komainu, and CoinShares Boost Security for Institutional Crypto Trading
November 15, 2023
OKX, a notable crypto exchange, has partnered with Komainu and CoinShares to improve security for segregated institutional crypto trading. The partnership aims to connect institutional traders with top-tier trading platforms …
Read moreHex Trust Gains Full Operating Approval in Dubai as a Crypto Custodian
November 15, 2023
Hex Trust, an institutional crypto asset custodian, has recently received full operational jurisdiction in Dubai. This addition amplifies its existing operational areas which include Hong Kong, Singapore, Vietnam, Italy, and …
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