[ad_1] BBVA Switzerland, a Swiss branch of one of the largest Spanish banks, has announced it will use Ripple-owned tech firm Metaco’s Harmonize platform for its crypto custody operations with institutional investors. According to the press release published on Dec. 7, BBVA, which has been providing Bitcoin and Ether custody since 2021, migrated its infrastructure to Harmonize to achieve more agility and security: “In this environment, transaction validation is more agile
[ad_1] Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight.BTC/USD 1-hour chart. Source: TradingViewETH, SOL step up as Bitcoin takes liquidityData from Cointelegraph Markets Pro and TradingView showed ongoing BTC price consolidation as ETH/USD added up to 7.6% in around 24 hours.Bitcoin, having tapped new 19-month highs of $44,490 earlier in the week, now troubled market participants as both
[ad_1] Soon after Thirdweb revealed a security vulnerability that could impact a variety of common smart contracts used across the Web3 ecosystem, OpenZeppelin identified two specific standards as the root cause of the threat.On Dec. 4, Thirdweb reported a vulnerability in a commonly used open-source library, which could impact pre-built contracts, including DropERC20, ERC721, ERC1155 (all versions), and AirdropERC20. IMPORTANT On November 20th, 2023 6pm PST, we became aware of
[ad_1] A specialized exchange-traded fund (ETF) firm called YieldMax has filed to launch the first yield-bearing ETF product based on shares in Michael Saylor’s Bitcoin holding company, MicroStrategy.According to a Dec. 7 filing with the United States SEC, YieldMax has officially applied to launch its Option Income Strategy ETF based on shares in MicroStrategy, slated for release sometime in 2024. If approved by the SEC, the ETF will trade under
[ad_1] El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin (BTC) or Tether (USDT) investment in the country.The Central American country’s price tag for citizenship, however, appears far more expensive than those in neighboring Caribbean countries — which start at $100,000.El Salvador’s government and stablecoin issuer Tether announced the program on
[ad_1] Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of the Bitcoin halving, and emerging dominant crypto platforms.VanEck 15 Crypto Predictions for 2024Prediction #1.
[ad_1] Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year has already paid for itself, due in large part to a significant increase in the price of Bitcoin. In a Dec. 8 statement, Hive Digital wrote that it had been acquiring mining rigs since the collapse of FTX, a decision it believes will put it in a favorable position for the
[ad_1] Binance founder Changpeng "CZ" Zhao must stay in the United States until he is sentenced in Feburary, a federal judge has ruled.On Dec. 7, Seattle District Court Judge Richard Jones agreed with federal prosecutors that Zhao should stay in the U.S. until his Feb. 23, 2024, sentencing due to his risk of flight if he leaves the country."The defendant has enormous wealth and property abroad, and no ties to
[ad_1] Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space. Unlike futures contracts, BTC options come with predetermined expiration prices, offering valuable insights into traders’ expectations and the markets’ sentiment.At the forefront of the Bitcoin options market stands Deribit, boasting an impressive 90% market share. The exchange
[ad_1] Bitcoin life insurance innovator Meanwhile Group has come out with a private credit fund denominated in Bitcoin (BTC). The closed fund will offer investors a “conservative” yield in Bitcoin and lend funds in BTC to institutional counterparties at the managers' discretion. Meanwhile Advisors are targeting a 5% yield on the Meanwhile BTC Private Credit Fund term. By vetting loan recipients, the fund “effectively mitigates” the risk associated with retail platforms
