Google Cloud Joins Polygon Network as Validator
On September 29, 2023, Polygon Labs announced that Google Cloud had become a validator on the Polygon Proof of Stake (PoS) network. The Polygon PoS Network, which was once known as the Matic Network and functions as a side-chain to the Ethereum blockchain, is now secured by more than 100 validators, according to a statement […]
Bitwise to Launch Bitcoin Ethereum Strategy ETF
Bitwise has stated that trading for two of its Ethereum-themed Exchange-Traded Funds (ETFs) would start on October 2, 2023. Investors will be able to access CME Ether futures using the widely used and regulated ETF format “for the first time,” according to Bitwise. CIO Matt Hougan of the business said in a statement,” “The portfolio […]
U.S. Representative Introduce Crypto Oversight Bill
U.S. Representative Don Beyer introduced the Off-Chain Digital Commodity Transaction Reporting Act. This legislation protects investors from market manipulation, conflicts, and fraud. According to the new plan, every trading platform must record all transactions in a repository registered with the Commodity Futures Trading Commission (CFTC). Senator Beyer said: “As consumers increasingly turn to large digital […]
Gemini to Cease Offering Crypto Services in Netherlands
Cryptocurrency exchange Gemini will stop offering services to customers in the Netherlands from November 17, citing regulatory pressures. Reddit sources claim that the exchange informed its customers in the nation of its decision to go into effect on November 17, 2023. Gemini attributed the decision to the DNB’s rules regarding cryptocurrency exchanges. It hasn’t, however, […]
Fireblocks Acquires Australian Defi Startup BlockFold
BlockFold, a decentralized finance firm based in Melbourne, has been purchased by Sequoia Capital-backed blockchain company Fireblocks for an estimated $10 million. With this acquisition, Fireblocks will be able to offer more services than just custody services. Neither Fireblocks nor BlockFold have released any announcements in the media about the agreement. For projects involving defi […]