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Coinbase Announces Spot Crypto Trading for Non-US Investors


Coinbase announced the launch of spot trading for non-US investors on its international exchange on Wednesday, marking the latest phase of the company’s global expansion. The start of something new Beginning on Thursday, December 14th, non-US institutional clients will be able to trade Bitcoin...

Messaging App LINE Secures $140 Million for Expansion of NFT Platform


Source: Pixabay The NFT arm of messaging app LINE has raised $140 million in investment to “popularize the Web3 ecosystem.” In a statement released on Wednesday, LINE NEXT, LINE’s South Korea-based NFT unit, claimed the investment was “the largest in the Asian blockchain and Web3 industry this...

Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks


Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...

Versatus Labs Raises $2.3 Million To Launch Stateless Rollup


Versatus Labs raises $2.3 million in seed round funding, bringing its valuation to $50 million. The funding aims to develop the Verastus LASR, a Stateless Rollup.  Image: Versatus Labs In an announcement this Wednesday, Verastus Labs, a peer-to-peer web service protocol aiming to enhance...

Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares


Source: Ark Invest Cathie Wood’s Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth...

Lugano Switzerland Now Accepts Bitcoin, USDT for Tax Payments


Source: Pixabay / Michael Wuensch The city of Lugano, Switzerland announced on Wednesday that it is ready to start accepting tax payments in cryptocurrency – including Tether (USDT) and Bitcoin (BTC). That includes payments for any invoice issued by Lugano, such as municipal services and all other...

Binance Rolls Out Third-Party Banking Agreement to Reduce Counterparty Risk


Binance has announced the world’s first cryptocurrency triparty arrangement with a third-party banking partner, according to a press release put out by the crypto exchange Wednesday. Off-exchange collateral The agreement gives customers the option of keeping their collateral off-exchange with...

SEC Chair Gary Gensler Remains Tight-Lipped on Future of Spot Bitcoin ETFs


Source: Pixabay Securities and Exchange Commission Chair Gary Gensler said he would not “pre-judge” the future of spot Bitcoin ETFs when asked if the SEC would take any action soon regarding the matter. Speaking at a conference hosted by the Healthy Markets Association on Wednesday, Gensler...

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