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Crypto News

Opera Releases Web 3 Browser Ahead of Cross-Chain Wallet Launch

“We actually believe that browsers will be more important in Web 3 than they were in Web 2,” Jorgen Arnesen, vice president of Web 3 at Opera, told CoinDesk in an interview. “We’ve been around the block for 25 years, and around Web 3 since 2018. A multi-chain token strategy will be essential to a […]

Crypto News

SoFi Can Launch Bank Provided It Doesn’t Touch Crypto

Student loan and financial service provider Social Finance Inc. (SoFi) has received conditional approval from the Office of the Comptroller of the Currency (OCC) to create a full service national bank, provided the new entity does “not engage in any crypto-asset activities or services,” the OCC announced on Tuesday.

Crypto News

Coinbase Buys FairX to Launch Crypto Derivatives

FairX is a relatively young futures platform that launched its exchange in May 2021 after receiving regulatory approvals in late 2020. However, FairX has relationships with major brokerages including TD Ameritrade, E*Trade, ABN AMRO, Wedbush, Virtu Financial and a handful of others, which offered FairX’s futures products or provided clearing services, according to the company’s […]

Crypto News

Solana Ventures Looks to Boost Web 3 Gaming With Launch of $150M Fund

“Gaming and interactive media would not be a cornerstone of blockchain today if it weren’t for the many technical developments the community has accomplished in the past decade,” Pierre Planche, partner at Griffin Gaming Partners, said in a press release. “Solana is a premier example, having helped pave the way with scalability and [user experience] […]

Crypto News

DeFi Index Project to Launch With Vampire Attack on Index Coop, Others

A new decentralized finance (DeFi) investment and index fund platform is celebrating its mainnet launch in macabre fashion. Enso Finance, a platform for building, sharing and trading index fund–style cryptocurrency portfolios, announced in a blog post plans for a vampire attack on six leading DeFi index platforms. Vampire attacks in DeFi occur when a competitor […]

Crypto News

Binance Hires in UK, Plans to Seek FCA Approval for Launch: Report

Just months after the U.K.’s Financial Conduct Authority (FCA) said Binance should not be operating in the country, the world’s largest crypto exchange said it has hired staff and plans for file for regulatory approval. CEO Changpeng “CZ” Zhao told the Sunday Telegraph that relations have improved since its ban in June.

Crypto News

Ritholtz, WisdomTree Launch Crypto Index for Investment Advisors

Ritholtz’s chief investment officer, Barry Ritholtz, told CoinDesk that clients have become increasingly intrigued by bitcoin and other cryptocurrencies. Beyond ETFs and mutual funds, he said that “this is going to be the next best thing for RIA [registered investment advisor] clients and RIAs who want to get exposure to the space.”

Crypto News

VanEck Files to Launch Digital Asset Mining ETF

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk […]

Crypto News

Tanzania Plans to Launch CBDC After eNaira Launch: Report

Tanzania is preparing to launch a digital form of its local currency, the Tanzanian shilling, the governor of the Bank of Tanzania said, according to a Bloomberg report. The country will follow in Nigeria’s footsteps and launch its own digital currency, Florens Luoga, announced last Thursday. Nigeria launched its eNaira in October this year, making […]

Crypto News

Brazil’s Central Bank Plans to Launch a CBDC Pilot in 2022: Report

The Central Bank of Brazil (BCB) plans to launch a pilot of a digital currency (CBDC) by 2022, BCB President Roberto Campos Neto said on Friday, local media outlet Estadao reported. In September, the BCB told the Brazilian Senate that it planned to launch the final version of a digital real in 2024, according to […]