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Ethereum has been the leader in the smart contract and decentralized application (DApp) network since its inception. The analysis of Ether’s price (ETH) and market capitalization provides indisputable evidence that the blockchain has been gaining market share. Over the past couple of years, Ether’s dominance in market capitalization terms has grown from an average of
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A report by the Bank for International Settlements (BIS) has proposed a unified electronic ledger that combines central bank digital currencies (CBDCs) and other tokenized assets, which has the potential to enhance the global financial system. It would leverage automated smart contracts on blockchains like Ethereum to facilitate seamless transactions. The report highlights the current
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Binance, a cryptocurrency exchange, is currently facing legal challenges in several jurisdictions around the world. Now, a Brazilian lawmaker, Alfredo Gaspar, has requested that the General Manager of Binance Brazil, Guilherme Haddad Nazar, appear before the National Congress to answer questions regarding the company’s operations in cryptocurrency management and possible partnerships with national companies involved
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CACEIS Bank, the asset servicing arm of Crédit Agricole and Santander, has obtained a crypto custody license from France’s Financial Markets Authority (AMF). With the new license, CACEIS Bank is now authorized to provide digital asset custody services. The AMF conducts various checks on companies before granting licenses, including checks on the competence of managers
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Tennessee-based asset manager, Valkyrie Funds, has filed for approval of a Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Valkyrie Investments, which already has a Bitcoin futures ETF product listed on Nasdaq, filed the application for a spot Bitcoin ETF recently. It joins a growing list of companies seeking approval for