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South Korean crypto exchange Bithumb hasn’t confirmed the planned IPO but told local media it recently selected an underwriter. Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local news outlet Edailyreportedon Nov. 12 that Bithumb is getting ready for an initial public offering (IPO) on the Kosdaq —...
The world's largest asset manager has already made waves by seeking to list a bitcoin ETF BlackRock CEO Larry Fink has emerged as a big fan of crypto (Michael M. Santiago/Getty Images) BlackRock wants to create an ETF that holds Ethereum's ether(ETH), a plan that deepens the world's largest asset manager's commitment to cryptocurrencies. Following the news, ETH's price surged...
The crypto trading platform for EU will open in "coming weeks," said the company. ROBINHOOD app on a smartphone (Shutterstock) 10 Years of Decentralizing the Future Robinhood (HOOD), the popular trading platform, plans to start EU crypto trading and U.K. brokerage operations in the coming weeks. "With an experienced team in place, we will soon launch brokerage operations in the...
Long-time watchers of the crypto space are mostly positive on what SBF’s conviction means for the future. But long-time critics in Congress are readying to crack down further on the industry. Prosecutors outside the courthouse where Sam Bankman-Fried was convicted on Nov. 2, 2023. (Nik De/CoinDesk) With Sam Bankman-Fried’s conviction yesterday on seven counts of fraud in federal court, the...
Critics of President Biden's action wonder if innovation could be stifled. President Joe Biden yesterday delivered the long-awaitedExecutive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligenceaimed at potential threats posed by artificial intelligence (AI). "Artificial intelligence holds extraordinary potential for both promise and peril," read the order. "Responsible AI use has the potential to help...
The token is up more than four-fold in 2023 after starting the year at around $10. Solana price on Nov. 2 (CoinDesk) 10 Years of Decentralizing the Future Solana almost doubled in price over the past weeks, but gave up some of its gains Thursday. BitMex co-founder Arthur Hayes said he's been a buyer during the rush. Institutional inflows to...
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange. 10 Years of Decentralizing the Future The Swiss National Bank (SNB) is working on a wholesale central bank digital currency (CBDC) pilot alongside the SIX Digital Exchange (SDX) and six commercial banks. The pilot,...
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