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Citi Makes History as First Digital Custodian for BondbloX Blockchain Bond Exchange

Citi Securities Services recently hit a groundbreaking milestone by becoming the first digital custodian participant of the BondbloX Bond Exchange network. The partnership, announced via a press statement on Sept. 14, will enable Citi to make bond trading more accessible to a larger part of the investor community. Citi’s Love Affair with Bondblox Launched in 2020, Bondblox Bond Exchange is a platform leveraging distributed ledger technology to make bond investments accessible...

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BitGo Partners with Swan Bitcoin to Float First-Ever Bitcoin-Only Trust Company

The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the crypto market. According to an official press release, the new firm will be the first Bitcoin-only trust company. It will combine regulatory compliance...

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ANZ Takes Lead in Australia’s Banking Sector with A$DC Stablecoin

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) might provide a lasting solution to the challenge posed by blockchain fragmentation. In a recent development, the Australia and New Zealand Banking Group (ANZ), one of Australia’s major banks, is taking significant steps toward the launch of its bank-issued stablecoin A$DC. This move follows a successful test transaction conducted using Chainlink’s Cross-Chain Interoperability Protocol, and it aims to facilitate the simulation of...

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Bitcoin Miners’ Clean Energy Usage Reportedly Surges Past 50%, Here’s What It Means for BTC Price

If not for anything else, the latest report about clean energy usage could mean a greater move toward the adoption of BTC. A Bloomberg analyst has just reported on the present situation with Bitcoin (BTC) miners as it concerns clean energy usage. In a recent thread on X (formerly Twitter), the analyst, Jamie Coutts said that the percentage of clean energy used for Bitcoin mining has gone past 50%. That is more than 50% of Bitcoin mining now comes from renewable sources. According to...

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Bybit Pledges Commitment to Stay in UK amid Changing FCA Rules

Bybit’s approach is grounded in cooperation and compliance, seeking to create a harmonious relationship with UK regulators and authorities. Bybit, a prominent crypto exchange remains steadfast in its commitment to stay in the United Kingdom with CEO Ben Zhou reiterating that “leaving the UK is not part of our current strategy”. The New Regulatory Landscape in the UK Crypto has been the subject of intense scrutiny by regulatory authorities around the world. The UK is no exception, and its...

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Telegram’s New Wallet Launch on TON Blockchain Sparks Controversy

Telegram recently released its self-custodial wallet on The Open Network (TON) blockchain. However, this development has sparked controversy. Following the launch, CertiK, a reputable blockchain security firm, issued a warning about the use of Telegram bot tokens. Certik’s Cautionary Message On Sept. 13, Certik released a cautionary message on social media, advising cryptocurrency enthusiasts to exercise caution when dealing with Telegram bot tokens. Certik’s report...

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How Can Blockchain and Real Estate Help Each Other?

Rob Nelson – the anchor of Roundtable – recently hosted a discussion with Julio Caceres, the CEO of BRiX Fractional Real Estate, to figure out how real estate can be aided by the growth of blockchain. Real Estate and Blockchain: Future Companions? In the discussion, Caceres discussed what he finds most difficult in trying to implement blockchain into his business and into real estate in general, and what kind of regulatory issues he’s had to deal with. The idea of...

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New Bitcoin Ordinals Non-Profit is Underway

The team behind Bitcoin Ordinals (a new string of non-fungible tokens or NFTs) said in a recent interview they have created a new non-profit organization designed to support further inscriptions and NFT developments on the bitcoin blockchain. Thus far, the team has created roughly 21 million inscriptions. Bitcoin Ordinals Non-Profit Group is Coming While NFTs may not be anything new at this stage, the idea of NFTs being on the bitcoin blockchain is. Up to this...

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Movement Labs Completes Pre-Seed Fundraise, Launches SDK Tool on Avalanche

Movement Labs, a community-driven technology company, has completed its pre-seed fundraising round and the launch of a tool from the Movement software development kit (SDK) on the Avalanche blockchain. According to a press release sent to CryptoPotato, Movement Labs raised $3.4 million through the pre-seed round to enable the advancement and adoption of Move, a smart contract development language with safeguards that protect against attack vectors like reentrancy and DoS....

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OKX Eyes 10-Year Deals with McLaren and Man City, Unveils ‘Stealth Mode’ Race Car

A large chunk of OKX’s $25-$50 million annual advertising budget goes towards its sports deals. Crypto exchange OKX wants its deals with Formula 1 team McLaren and UEFA Champions League-winning team Manchester City to last a decade. The company reportedly spends $25-$50 million per year in its sponsorship deals with the two sports teams. OKX’s Global Chief Marketing Officer Haider Rafique told The Block in an interview that the company has a five-year deal with McLaren and hopes to extend...

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