South Korea’s Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report
The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.
Financial
Financial
‘Cryptocurrencies Have Failed the Test of Digital Money,’ MAS’ Managing Director Says
Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.
Financial
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
Financial
NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings
The new approval process for token listing and delistings forms part of NYSDFS’ plans to “protect consumers and minimize market disruption.”
Financial
Protocol Village: Nocturne, Protocol for On-Chain Private Accounts, Deploys v1 to Ethereum
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.
Financial
Sora’s First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They’ve Got Their Eyes on Taipei.
Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain.
Financial
Bitcoin Bounces 6%, Threatens $38K; ‘Good Times Are Here,’ Analyst Says
Solana’s SOL continued to pace gains for altcoins.
Financial
SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing
Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.
Financial
Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas’ Digital Asset Fundraising
Lawmakers want to know to what extent Hamas may actually be raising crypto funds to finance terrorism, and what role the U.S. has had in seizing those funds.
Financial
Celestia’s TIA Token Rises 200% Since Debut Despite Muted On-Chain Activity
Just 160,000 transactions have been facilitated on Celestia in the past 13 days.