Boerse Stuttgart’s Seturion has partnered with Societe Generale, SG-FORGE and flatexDEGIRO to build a pan-European blockchain securities settlement system. Read More at https://cointelegraph.com/news/boerse-stuttgart-societe-generale-flatexdegiro-team-up-for-blockchain-securities-settlement-in-eu?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Fed seeks input on limited payment accounts after Trump order
The US Federal Reserve proposed a limited “skinny” payment account framework for fintech and crypto firms and called for a temporary pause on Tier 3 applications. Read More at https://cointelegraph.com/news/fed-skinny-payment-account-proposal-trump-crypto-order?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG
OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. Read More at https://cointelegraph.com/press-releases/osl-strengthens-asias-digital-asset-ecosystem-with-listing-of-state-supervised-gold-backed-stablecoin-usdkg?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Silvergate’s Fraher breaks silence on settlement with Gensler’s SEC
Former Silvergate executive Kate Fraher said the rule that prevented her from sharing her side of the story was unconstitutional. It was finally lifted by the SEC this week. Read More at https://cointelegraph.com/news/silvergates-fraher-breaks-silence-on-settlement-with-genslers-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tax evaders are trying ‘novel digital assets’ to dodge authorities: Chainalysis
Italian authorities uncovered a tax evasion scheme in which an individual allegedly used Bitcoin Ordinals and the BRC-20 token standard to generate and conceal $1.1 million. Read More at https://cointelegraph.com/news/criminals-attempt-to-use-bitcoin-ordinals-to-evade-authorities-chainalysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Syndicate Labs winds down after 5 years, citing shrinking rollup market
The Ethereum rollup market is dominated by Arbitrum and Base, which have a combined 68% market share, according to L2Beat. Read More at https://cointelegraph.com/news/ethereum-infrastructure-firm-syndicate-labs-closes-citing-shift-in-rollup-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC seeks public comment as it weighs prediction market ETFs
Bitwise, Roundhill Investments and GraniteShares had their prediction market ETF applications put on hold by the SEC earlier this month. Read More at https://cointelegraph.com/news/sec-seeks-public-comment-as-it-weighs-prediction-market-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hyperliquid ETFs surprise with 50% volume jump after slow launch
ETF analyst Eric Balchunas says crypto and traditional assets are trading down while Hyperliquid is up, leading to a boon for ETFs tied to the token. Read More at https://cointelegraph.com/news/hyperliquid-etfs-see-50-volume-jump-with-perfectly-timed-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Map Protocol token plummets 96% after a quadrillion token mint exploit
The attacker tricked the Butter Network cross-chain bridge into minting millions more tokens than the legitimate supply of MAPO. Read More at https://cointelegraph.com/news/map-protocol-loses-96-of-its-value-after-quadrillion-token-mint-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin treasury Nakamoto plans reverse stock split to save ailing share price
Shares in Nakamoto closed Wednesday at 16 cents. They are down more than 99% from May last year, when the stock traded above $25. Read More at https://cointelegraph.com/news/nakamoto-1-for-40-reverse-stock-split-nasdaq-bitcoin-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound