BNY Mellon Enters Crypto Custody! SEC Approves Broader Digital Asset Services
TL;DR The SEC approves BNY to offer digital asset custody. The structure of the Bank of New York could be applied beyond Bitcoin and Ethereum ETFs.
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR The SEC approves BNY to offer digital asset custody. The structure of the Bank of New York could be applied beyond Bitcoin and Ethereum ETFs.
TL;DR Security Breach: Hackers exploited a flaw in Bedrock Protocol’s synthetic Bitcoin token, uniBTC, resulting in a $2 million loss. The breach mainly impacted decentralized exchange
TL;DR Bitcoin surpassed $65,000, reaching around $65,540.40, driven by interest rate cuts in the US and stimulus measures in China. Ethereum also showed significant growth, reaching
TL;DR Hut 8 Corp., a Bitcoin mining company, has launched its new GPU-as-a-Service offering, starting to generate revenue with a GPU cluster. This cluster, which utilizes
TL;DR Boosts Liquidity: Options trading for Bitcoin ETFs enhances market liquidity by allowing investors to hedge positions and manage risk more effectively, leading to increased trading
TL;DR Fiamma has successfully integrated Babylon’s devnet, Euphrates, which represents a significant advancement in leveraging the full potential of the 21 million available Bitcoins. Through the
TL;DR BitSNARK Launched: BitcoinOS Introduces Zero-Knowledge Verification Protocol to Improve Privacy in Bitcoin DeFi Innovations: BitSNARK works alongside Grail Bridge and Merkle Mesh to expand Bitcoin
TL;DR Bitcoin has regained its short-term cost basis ($61.9k) and is approaching the 200-day moving average ($63.9k) following the 0.50% rate cut by the Federal Reserve.
TL;DR Sky is reconsidering its decision to remove Wrapped Bitcoin (WBTC) after a recommendation from BA Labs and clarifications from BitGo. BitGo commits to providing 60
TL;DR Michael Saylor supports Robbie Mitchnick’s (BlackRock) optimistic statements about Bitcoin. Mitchnick describes BTC as a decentralized global asset, attractive amid the devaluation of fiat currencies.
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