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“# Goldman Sachs to utilize JPM Coin for repo trades ” Goldman Sachs is reportedly one of several financial institutions to sign on to JPMorgan’s custom blockchain service — a sign that more broker-dealers were looking to take advantage of digital currencies for their repo operations. In an interview with Bloomberg, Scott Lucas, head of…
“# Eosfinex set to list 18 DeFi tokens from Ethereum ” Eosfinex, the Bitfinex-backed non-custodial exchange running on the Eos (EOS) network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major DeFi protocols on Ethereum. The listing is made possible by a collaboration with pNetwork, a crypto asset…
“# Singapore’s largest bank DBS sets up crypto exchange platform ” After anticipating its plans in October, DBS, Singapore’s largest bank, is establishing a new cryptocurrency exchange division called DBS Digital Exchange. Announced on Thursday, the venture is also backed by SGX, Singapore’s largest derivatives and asset exchange, which owns a 10% stake in the…
“# FTC sues Facebook in antitrust lawsuit as regulators mount offensive ” The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices ever since acquiring a dominant global position at the turn of the 2010s. According to public case files…
“# Israel’s Bank Hapoalim joins blockchain bank guarantee platform ” One of Israel’s largest banks, Bank Hapoalim, has joined a blockchain-based platform recently released by IT firm Tata Consultancy Services, or TCS. TCS’ platform, dubbed Digital Bank Guarantee, is based on the Quartz blockchain and targets the digital banking industry in Israel. The new tool will…
“# PowerPool launches ‘meta-governance token’ for Yearn ecosystem ” PowerPool, a project exploring the utility of Ethereum-based governance tokens, has launched YETI — an index and “meta-governance” token for the Yearn.finance ecosystem. YETI was conceived by Messari’s Ryan Watkins, who published the proposal for a Yearn Finance ecosystem index token to PowerPool’s governance forums on…
“# Euro stablecoin launched on Stellar by one of Europe’s oldest banks ” Germany’s Bankhaus von der Heydt, or BVDH, has launched a Euro stablecoin on the Stellar network. The bank claims the token is the first of its kind to be issued by a banking institute.The EURB stablecoin, which went live today, was developed…
“# ‘Low income’ Oyster Protocol founder allegedly has $10M yacht full of gold bars ” Amir Burno Elmaani, the founder of the now defunct cryptocurrency scheme Oyster Protocol, has been arrested and charged for what the Department of Justice describes as a “multimillion-dollar tax evasion scheme.” On Dec. 9, the DoJ announced it had unsealed…
“# Mexican exchange Bitso raises $62M to help fund international expansion ” Bitso, the biggest crypto exchange in Latin America, has raised $62 million dollars in a series B funding round. Bitso plans to use the funding to consolidate its expansion in the region — including a focus on Brazil’s emerging market. The fundraising round…
“# Movie based on darknet market Silk Road premiering in February ” Silk Road founder Ross Ulbricht’s story is coming to the silver screen in 2021 following an announcement from major entertainment company Lionsgate. According to Deadline, Lionsgate has acquired the rights to the Silk Road movie and plans to release the feature in theaters…