An update by the popular payment messaging system SWIFT to introduce blockchain into its process has brought out huge reactions from industry players. The proposed payment system was likened to failed companies like Kodak and Blockbuster by a software engineer, Vincent Van Code. Is SWIFT Capable of Competing With Faster Blockchain Rails? The controversy started …
Michael Saylor’s Strategy has maintained its Nasdaq 100 inclusion. This comes as the company faces increased scrutiny over its Bitcoin business model. At the same time, the decision about its inclusion in MSCI is still being discussed with a verdict expected in January. Strategy Retains Nasdaq 100 Listing Despite Model Concerns According to a Reuters …
Coinbase will finally launch its planned prediction markets and tokenized stocks on December 17. This comes as investor demand continues to extend across these sectors. Coinbase Plans Major Product Rollout Bloomberg reports that the U.S. exchange is set to announce the launch of prediction markets and tokenized equity trading at a showcase event on December …
Coinbase has launched Solana-based DEX trading within its application. Users can directly interact with on-chain swaps and USDC payments without the use of a legacy custodial system. Coinbase Extends Solana Integration to Include DEX Trading Support Protocol Specialist for the exchange, Andrew, confirmed that the company has flipped the switch on native support for Solana …
Standard Chartered is the latest to change its call on what the Fed committee will do next. It joins JPMorgan and Morgan Stanley in forecasting a Fed rate cut this Wednesday. Standard Chartered Joins Major Banks Predicting Fed Rate Cut According to a Reuters report, Standard Chartered revised forecasts ahead of this week’s FOMC meeting …
The U.S. Commodity Futures Trading Commission has approved using tokenized assets as collateral in the country’s derivatives markets. This approval shows that the commission is becoming more open to activities related to crypto. CFTC Launches Pilot Allowing Tokenized Assets in Derivatives Markets In a press release, the commission announced a new pilot program that will …
Robinhood is set to enter Indonesia’s fast-growing crypto market. The company announced the acquisition of two local firms in the country to tap into their market. Robinhood Taps Indonesia’s Expanding Investor Base The exchange announced plans to acquire two regulated local firms, Buana Capital Sekuritas and Pedagang Aset Kripto, according to Reuters. The purchase gives …
Coinbase is going to restart its operations in India after facing regulatory issues in 2023. The exchange has reopened registrations and plans to offer a full fiat on-ramp by 2026. Coinbase Returns to India With New Strategy and 2026 Fiat Launch Plan The exchange has reopened its app for users in the country and allowed …
A new report from Bybit’s Lazarus Security Lab reveals that 16 major blockchains can freeze or restrict user funds. The report, titled “Blockchain Freezing Exposed,” examines how networks control transactions during hacks or security breaches. Researchers examined 166 blockchains with AI and manual inspections. Fund-freezing capabilities are already present in sixteen networks currently. Another 19 could include …
The SWIFT on Monday said it has partnered with more than 30 global financial institutions and Ethereum blockchain software company Consensys to develop a shared blockchain-based ledger. The global banking system plans to primarily focus on real-time 24/7 cross-border payments. This move from the firm has sparked debates on how it could go head-to-head with …
