“We believe the future of finance is on-chain,” said Markus Maier, a co-founder of Mauve. “The foundation is our programmable compliance infrastructure, Violet, which we purpose-built for the needs of RWA issuers and institutional buyers,” he added, referring to real-world assets.
Read More »Three Arrows Founders Hit With 9-Year Trading Ban in Singapore
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Read More »Islamic Coin in Pact With CoinDesk Indices to Discuss Sharia-Compliant Benchmarks
Another aim of the partnership is licensing various CoinDesk Indices benchmarks for exchange-traded financial products, Also, HAQQ – a blockchain focused on creating a Shariah-compliant financial system and the home of Islamic Coin – will get access to CDI’s API for selected digital assets, including for its digital asset exchange.
Read More »3 Big Drivers Determining the Future of Crypto in the U.S.
Lastly, with a major election on the horizon, we address the known unknown of federal regulatory personnel. Depending on the outcome of the 2024 presidential election, there could be a sea change at the relevant regulatory agencies, bringing in fresh faces that may have more enlightened perspectives on the development, …
Read More »Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust
«The breach happened outside of the Fireblocks’ platform,” the company, known for using multi-party computation tools, told CoinDesk in a statement. “Due to Fireblocks’ key management system, authorization and policy engines, the size and reach of the impact on customer funds were drastically limited and customer funds were promptly restored.”
Read More »Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto
Solana’s SOL also advanced earlier today, but then swiftly dipped more than 2% following the court decision. The imploded exchange holds $1.16 billion of the token, stoking fears about dumping, but part of the stash is locked as venture investment and not available for sales. Despite the decline, SOL was …
Read More »Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
FTX submitted a filing requesting permission to engage in these activities in August, arguing that hedging its crypto assets would “allow the Debtors [FTX] to limit potential downside risk prior to the sale of such bitcoin or ether,” while “staking certain digital assets … will inure to the benefit of …
Read More »What Correlations Tell Us About the Value of Multi-Asset Crypto Portfolios
Effectively implemented relative value strategies call for both asset breadth and sufficient differentiation among those assets. Figure 2 takes returns for the top 25 crypto assets except BTC, controls for exposure to systematic risk (roughly approximated by bitcoin), and shows the correlations between each token pair’s residual returns (i.e., ETH …
Read More »U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected
Surging oil prices – WTI crude oil rose to its highest levels of 2023 in August (the move continuing into September) – were a major factor in the rise of headline inflation last month. The U.S. Federal Reserve, though, will likely take comfort in the continuing decline in core inflation …
Read More »North Korean Attackers Linked to $54M CoinEx Hack, Blockchain Data Suggests
The hackers siphoned ether (ETH), XRP, tron’s TRX, MATIC, solana’s SOL, kadena’s KDA and dagger’s XDAG tokens after exploiting a lax security measure on wallets used by the exchange. CoinEx has since released over 10 “suspicious” addresses on several networks, such as Ethereum, BNB Chain, and Arbitrum, where the tokens …
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