Bitcoin Price Rebounds Above $67k as Exchanges Reserves Drop to Multi-Year Low
Bitcoin price has signaled a bullish continuation as investors accumulate more coins ahead of the upcoming halving.
Editor’s Choice
Check out breaking news stories and top headlines from business, finance and tech spheres that were hand-picked by Coinspeaker's editor team for youEthena: Innovative Synthetic Stablecoin or Alluring Fad?
By
staff writer
The journey of stablecoins in the crypto ecosystem has been both revolutionary and fraught with controversy. The recent rise of Ethena and its USDe stablecoin invites comparisons to previous endeavors, promising high yields in a market still reeling from past stablecoin failures.
ARK Bitcoin ETF Outflows Surpass Grayscale’s GBTC
By
staff writer
In an unprecedented shift in the Bitcoin ETF market, Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) experienced a record outflow of $87.5 million on April 2, surpassing Grayscale’s Bitcoin Trust (GBTC) for the first time.
TON Record-Breaking March and Telegram CEO’s Dubai Spotlight Spark TON Blockchain-Telegram Speculation
The TON Blockchain’s March milestone of over 1 million MAUs and anticipation for the April Notcoin launch signify its growing influence catalysing speculations about the future integration between TON Blockchain and Telegram.
XRP, TON Are Given Green Light by Dubai International Financial Centre (DIFC) for Legal Use
By
Darya Rudz
More than 4,300 registered companies operating within the DIFC can now integrate XRP and TON tokens into their virtual asset services.
Standard Chartered Bank to Launch Crypto Custody Service in Dubai
By
Darya Rudz
Starting from the first quarter of 2024, the crypto custody service will be operated by Zodia Custody – the leading institution-first digital asset custodian by Standard Chartered.
China Launches Its First Industrial Park for Digital Yuan CBDC Development
By
Darya Rudz
Currently, there are nine residents of the park. All of them will get access to ten government initiatives introduced to “boost the development” of the digital yuan ecosystem. The initiatives include payment solutions, smart contracts, hard wallets, and digital yuan promotion.
UBS Pilots Tokenized VCC Fund in Singapore within Project Guardian
By
Darya Rudz
The first transactions within the pilot included fund subscriptions and redemption of the tokenized fund represented as a smart contract. Notably, UBS used its own UBS Tokenize platform to conduct the transactions.
Sam Bankman-Fried Demands Weekly Release to Prepare for October Trial
The lawyers representing SBF noted that their client would require more time to prepare for the defense case in October.
OpenSea Moves to Disable Creator Fees Enforcement
The change will take effect from August 31, meaning that creators may no longer blacklist NFT marketplaces that don’t enforce royalties.
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