Germany’s largest financial institution Deutsche Bank AG is seeking regulatory permission to operate a custodial platform to offer cryptocurrencies. Deutsche Bank has filed for regulatory permission with German’s Federal Financial Supervisory Authority (BaFin) to offer crypto custodial services. The German bank currently holds assets worth $1.34 trillion and is the ninth-largest European bank. … Read More:…
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After the Ethereum block explorer Etherscan introduced an advanced filter for blockchain exploration, the team announced a new tool called Code Reader, powered by artificial intelligence (AI). Essentially, the service leverages AI to enable users to retrieve and interpret the source code of a specific contract address. Etherscan Introduces an AI-Powered Code Reader for Smart…
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International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently adopted crypto law may be needed to deal with the issue. Regulation in Single Jurisdiction Insufficient…
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As of June 18, the latest figures reveal over 12.49 million Ordinal inscriptions have been recorded on the Bitcoin blockchain. The inscription trend has yielded substantial gains for bitcoin miners, who have accumulated 1,732 BTC equivalent to $46 million using today’s exchange rates. However, the BRC20 economy, experiencing a significant decline in value, has suffered…
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Solana climbed for a third consecutive session, as crypto markets rebounded to start the weekend. At the time of writing, the global market cap rose by 3.3%, as bullish sentiment returned. Polygon was another notable gainer, surging by over 5% on Saturday. Solana (SOL) Solana (SOL) raced to a one-week high on Saturday, as crypto…
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Bitcoin bounced back strongly to start the weekend, as prices moved closer to the $27,000 mark in today’s session. After a recent spell of consolidation, bulls returned to action, buying the recent dip in the process. Ethereum was also higher, closing in on $1,800 on Saturday. Bitcoin Bitcoin (BTC) surged on Saturday, as bulls of…
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The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s register of digital asset service providers. Binance Leaves the Netherlands and Cyprus to Focus on…
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Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes these alternative instruments could increase efficiency in foreign trade while such settlements will not be permitted inside Russia. Russian Government Backs Initiative to Test Digital Assets in Payments Abroad The…
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A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and Exchange Commission (SEC) alleging that they defrauded investors whom they sold unregistered securities. Judge…
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Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also paused its rate hike policy, with traders…
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