Layer-2 network to launch a decentralized sequencer pool
    30 Nov 2023
    71 Views

    In their quest for scalability and cost-effectiveness, many layer-2 networks adopt a centralized approach to on-chain transaction processing, introducing a single point of failure vulnerability. The Metis blockchain, however, has pioneered a distributed sequencer pool to improve security and decentralization. The Ethereum blockchain introduced smart contracts to automate certain events on the network, laying the foundation of decentralized finance (DeFi)….

    Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model
    30 Nov 2023
    73 Views

    Swiss asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin exchange-traded fund (ETF) race in the United States. On the same day, investment giant BlackRock met with the country’s securities regulator to pitch an updated ETF model based on the agency’s feedback. On Nov. 29, Pando submitted a Form S-1 to the Securities…

    Futures will be the best crypto game in town even after a Bitcoin spot ETF
    29 Nov 2023
    66 Views

    The Chicago Mercantile Exchange (CME) has long been the home of crypto for traditional finance investors, and this is unlikely to change — even with the approval of a Bitcoin spot ETF. Activity on the CME has expanded significantly over the past 12 months. The CME now sees more Bitcoin futures trading than the world’s biggest crypto exchange,…

    eToro, M2 win ADGM crypto licenses to operate in UAE financial center
    29 Nov 2023
    76 Views

    Crypto investment platforms eToro and M2 received various degrees of approval to offer their services in the United Arab Emirates from the ADGM Financial Services Regulatory Authority, which oversees the UAE’s international financial center, the Abu Dhabi Global Market (ADGM). EToro received approval for a Financial Services Permission (FSP) that allows a provider to operate as…

    Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
    28 Nov 2023
    76 Views

    Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin advocates and the former president of ERCOT, the operator of Texas’ electrical grid. The Nov. 22 paper titled “Leveraging Bitcoin Miners as Flexible Load Resources for Power System Stability and Efficiency” argued that Bitcoin mining’s…

    Standard Chartered joins China’s CBDC pilot testing
    28 Nov 2023
    70 Views

    British multinational bank Standard Chartered will partake in trials of China’s digital yuan central bank digital currency (CBDC), the e-CNY, one of the first foreign banks to do so in the country. According to the Nov. 27 announcement, Standard Chartered, through its partner City Bank Clearing Services Co, will allow its clients to purchase, exchange and…