A Bank for International Settlements (BIS) working paper tests the XRP Ledger (XRPL) as a proof-of-concept for verifying official statistics on-chain, recording cryptographic fingerprints of public datasets that publish in three to five seconds and verify in one to two. The Working Paper No 1374 essentially asks how statistical agencies can give users an independent […]
The monetary landscape in the United States changed in the past week or so, first after the hawkish stance taken by the current Federal Reserve Chairman, Kevin Warsh, and then following last Friday’s strong US jobs report. As such, the expectations have changed, with investors and experts pricing in a potential rate hike for the […]
Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service in the country. The offering runs through Standard Chartered DIFC, the bank’s arm in the Dubai International Financial Center (DIFC), […]
The largest meme coin by market cap has soared on Saturday evening to $0.094, hitting a two-week high. The move is rather unexpected given the typically calm nature of the weekends. However, there were certain signs about a potential rally, even though DOGE has slipped from its local high to $0.09 as of press time. […]
South Korea’s Financial Services Commission unveiled a phased roadmap on September 4 for converting stocks, bonds and investment funds into blockchain-based tokens, with the earliest phase due to start in February 2027 once an amendment to the Electronic Registration Act takes effect. The plan links the country’s securities market to a stablecoin payment system that […]
Coinbase said this week it filed notice registrations with the US Securities and Exchange Commission (SEC) to offer single-stock perpetual futures domestically, according to a post from the company’s official account. The move adds another regulated derivatives product to Coinbase’s US lineup and comes as regulators continue sorting out how perpetual contracts should be classified […]
The price rally initiated by the cross-border token in mid-August was halted at $1.70, and the subsequent correction drove it south hard to under $1.35. However, the asset managed to rebound swiftly and now sits above a key support level at $1.40. This has provided additional fuel to popular bullish analysts such as EGRAG CRYPTO […]
All eyes on Friday were on the US jobs report, which actually showed that the US economy had added 162,000 jobs in August, almost triple expectations of roughly 55,000-58,000. The unemployment rate remained at 4.1%, while July’s initially reported loss of 23,000 jobs was revised to a gain of 21,000. The reaction in financial markets […]
XRPL developer Denis Angell launched a live dashboard this week that scores every amendment on the XRP Ledger for how much of its functionality has actually been exercised on devnet before it reaches mainnet. The tool turns amendment readiness, previously a matter of trust in the process, into a public scorecard that shows exactly which […]
Multicoin Capital has sold another 10% of its HYPE holdings, according to blockchain analytics platform Arkham Intelligence. Still, HYPE remains its largest holding, currently worth around $90.5 million. The investment firm had accumulated the tokens between February and March this year and has held the position for more than six months. Slashing HYPE Arkham stated […]