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Bitcoin Matures Institutional Adoption & Supply
Bitcoin has come a long way from the famous purchase of two pizzas for 10,000 BTC made by Laszlo Hanyecz in May 2010 to its current consolidation as a global asset. According to the latest Binance Research report, which analyzes its evolution over its 16-year history from a functional, behavioral, and structural perspective, the cryptocurrency…
Here’s why the housing market is hurting so much this summer
Two different reads on the housing market released Thursday point to the same problem, one that appears to be getting worse. Housing is just too expensive — to own and to build. Pending home sales in June, a measure of signed contracts on existing homes, fell 5.4% from May, according to the National Association of…
Bank of England Clears HSBC for Digital Securities Operations
HSBC has received approval to operate HSBC Orion in the UK’s Digital Securities Sandbox, supporting digital bonds and the planned DIGIT issuance. HSBC has received approval to operate its digital assets platform, HSBC Orion, in the United Kingdom’s Digital Securities Sandbox (DSS). The approval enables the bank to facilitate the issuance, servicing, and settlement of…
South Korea’s Korbit to rebrand as Digital X under Mirae: Report
Mirae Asset reportedly plans to use the South Korean crypto exchange as a hub for tokenized assets, stablecoins and digital finance.
Coinbase lost touch with crypto-native users, Cobie admits
Coinbase product executive Jordan Fish, better known as Cobie, said the company has become too distant from crypto-native users as questions grow over trust in the Base ecosystem. Summary Cobie says Coinbase lost touch with crypto-native users after avoidable mistakes damaged trust across Base. Base App leadership shifted to Cobie as Coinbase refocuses product on…
US government deposits $288M in Bitcoin and Ether to Coinbase Prime
The US government just moved $288 million worth of Bitcoin and Ether to Coinbase Prime, the exchange’s institutional custody and trading arm. The deposits include crypto confiscated from three separate criminal cases: assets tied to Brian Krewson, the defunct BTC-e exchange, and Ryan Farace. Where the crypto came from BTC-e was a cryptocurrency exchange seized…