Coinbold Crypto News

Tottenham Hotspur , the renowned English Premier League club, is gearing up to launch its very own Spurs Fan Token ($SPURS) on the dynamic Chiliz Chain . This groundbreaking initiative is set to revolutionize how fans interact with their beloved North London team, offering unprecedented opportunities for engagement and a plethora of exclusive incentives and experiences. The Spurs Fan Token is set to operate on Chiliz Chain , the cutting-edge Layer 1 SportFi network that recently celebrated a milestone by crossing over two million members. Accessible via Socios.com , a leading fan interaction and incentives platform, this Fan Token opens the doors to a realm of unique fan experiences. Remarkably, this move marks Tottenham Hotspur as the first Premier League club to venture into this territory in the past two years, setting new standards for fan engagement in the footballing world. https://www.youtube.com/watch?v=b-Ir9xbnW8Y&ab_channel=Sociosdotcom This strategi

In a bold stride toward the future of finance, the Bank for International Settlements (BIS) , in collaboration with the central banks of France , Singapore , and Switzerland , embarked on a groundbreaking experiment. This experiment, aptly named Project Mariana , tested a revolutionary system for cross-border trading of wholesale Central Bank Digital Currencies (CBDCs) . https://www.youtube.com/watch?v=4F_cT6JEIA4 The innovative approach taken by the Banque de France involved the development of a DeFi platform on a public blockchain . This platform operated based on a predefined set of rules within a decentralized database. This technological feat empowered banks to seamlessly engage in the buying and selling of virtual currencies, including the euro, Singapore dollar, and Swiss franc. https://twitter.com/BIS_org/status/1707290671541792948?ref_src=twsrc%5Etfw However, it's crucial to emphasize that Project Mariana was an experimental endeavor . The success of

In the ever-evolving landscape of cryptocurrencies, a groundbreaking collaboration is set to reshape the way we understand stability and innovation on the Cardano blockchain . Cardano Spot , a trailblazing web3 media network, has joined forces with Minswap Labs to illuminate the path toward a robust and user-friendly stablecoin ecosystem . https://twitter.com/CardanoSpot/status/1707420867444248918?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet%7Ctwtr%5Etrue At the heart of this collaboration lies the mission to educate and empower. Minswap Labs , the driving force behind the leading decentralized finance (DeFi) protocol on the Cardano network, received a Catalyst grant, a testament to its groundbreaking StableSwap proposal. This proposal aims to create an automated market maker (AMM) tailored for seamless stablecoin trading. Now, armed with support and a vision, Minswap Labs is teaming up with Cardano Spot to champion the cause of stablecoins and decentralized exch

In the bustling realm of cryptocurrencies, Taiwan's Financial Supervisory Commission ( FSC ) has emerged as a beacon of regulation, steering the ship of the cryptocurrency industry toward safer shores. On September 26 , this regulatory body released a comprehensive set of guidelines, aimed squarely at Virtual Asset Service Providers (VASPs) . The mission? To create an environment where cryptocurrency transactions are not just secure, but also transparent. This proactive move isn't a spur-of-the-moment decision. The FSC's journey into the world of cryptocurrency oversight began in March , signaling its intent to closely monitor the cryptocurrency exchange sector. Since then, the FSC has been diligently enforcing anti-money laundering regulations on every cryptocurrency exchange operating within Taiwan. So, what do these groundbreaking guidelines entail? Asset Separation: Cryptocurrency exchanges under the FSC's purview are mandated to segregate and

Fireblocks , the unicorn of the blockchain world, has made a monumental move by completing the acquisition of Australian tokenization startup BlockFold . The price tag? A staggering $10 million . But this isn't just any acquisition; it's a strategic chess move aimed at reshaping the future of financial institutions. Fireblocks has been riding the wave of increasing demand for tokenization services, marking a 350 per cent surge in tokenization projects between the years 2022 and 2023. Notably, approximately 75 per cent of tier-1 financial institutions have been exploring tokenization through Fireblocks' cutting-edge platform. BlockFold , hailing from the vibrant streets of Melbourne, specializes in crafting tailor-made solutions for financial institutions, particularly those in the banking sector. This acquisition isn't just about adding another name to Fireblocks' roster; it's about opening doors to an expansive service spectrum. This spectr

In the ever-evolving realm of cryptocurrencies, Valkyrie , the trailblazing asset management company, is making waves once again. Buckle up as they embark on a groundbreaking venture, purchasing contracts for Ethereum (ETH) futures . What sets this move apart? Valkyrie has received the green light to transform their existing Bitcoin futures exchange-traded fund (ETF) into a unique investment product that encompasses both Bitcoin and Ethereum, essentially offering a two-for-one deal for savvy investors. Come October 3 , the fund undergoes a significant transformation, reborn as the Valkyrie Bitcoin and Ether Strategy ETF . This shift marks a pivotal moment, uniting two of the most prominent cryptocurrencies under one investment umbrella. While the regulatory landscape regarding new Ether futures ETFs listing on the Nasdaq Stock Exchange remains in flux, Valkyrie has taken a bold step. They've started including investments in Ether futures contracts within their existi

In a groundbreaking move set to redefine the landscape of digital investments, global investment manager VanEck has unveiled its much-anticipated project: the Ethereum futures exchange-traded fund (ETF) . The buzz in the financial sphere is undeniable, and the whispers of this revolutionary venture are growing louder. https://twitter.com/vaneck_us/status/1707419473337033075?ref_src=twsrc%5Etfw On September 28, VanEck took the world by storm with two captivating advertisements titled “Enter the Ether.” These ads, heralding the arrival of the VanEck Ethereum Strategy ETF (EFUT) , offer a tantalizing glimpse into the future of financial investments. The EFUT fund is slated to invest in standardized, cash-settled ETH futures contracts traded on commodity exchanges registered with the CFTC. Bloomberg analysts , including notable figures like Eric Balchunas and James Seyffart , have been quick to decode the signs. They suggest that the TV advertisements are more than jus

In a significant stride toward enhanced efficiency and stability, Polygon PoS , the renowned layer 2 scaling solution for Ethereum, is poised for a revolutionary change. On October 10th, it will debut its native USDC by Circle , marking a pivotal moment in the world of blockchain transactions. But what does this shift entail for users and the broader crypto community? This transition holds a promise of reduced reliance on bridged USDC. Circle’s decision to introduce native USDC comes with a multitude of advantages. For one, it ensures that USDC issued by Circle will be entirely reserved and, most importantly, always redeemable on a 1:1 basis for US dollars. This move not only guarantees stability but also opens doors to institutional on/off-ramps, simplifying transactions through Circle Account and its APIs. To facilitate this transition seamlessly, Ethereum’s bridged USDC will undergo a significant transformation. It will be rebranded as USDC.e before the official laun

In a bold move towards technological innovation, PayPal has set its sights on the world of blockchain. Their recent patent application unveils a revolutionary method for buying and selling nonfungible tokens ( NFTs ), promising a seamless experience for digital collectors and enthusiasts alike. What sets this system apart is its versatility; transactions involving NFTs can occur both within and outside the blockchain, opening doors to endless possibilities in the digital collectibles market. The patent application, submitted in March and published on September 21, outlines a user-friendly approach to trading NFTs using a third-party service. Although the specific service remains undisclosed, PayPal has hinted at the integration with Ethereum , one of the pioneering platforms in the cryptocurrency world. This collaboration could potentially reshape how digital collectibles are bought, sold, and traded. One of the system's standout features is its adaptability. Users ca

In a whirlwind of groundbreaking developments, the 171st Ethereum ACDE has left an indelible mark on the Ethereum network. Hosted by the prestigious Ethereum Foundation, the ACDE (All Core Developers Execution) 171 event was live-streamed on September 28, attracting core Ethereum developers and other key community members. https://www.youtube.com/watch?v=CPt3f3ughFM This immersive event delved deep into the heart of Ethereum's future. The community call commenced with a buzz of anticipation, discussing the impending launch of Dencun Devnet 9 , slated for September 29. This launch holds the key to Ethereum's evolution, with specifications for the Dencun upgrade meticulously tested and finalized for its imminent launch on the mainnet. https://twitter.com/TimBeiko/status/1707464366629781768?ref_src=twsrc%5Etfw Tim Beiko , the core developer and the event's host, shared invaluable insights. He highlighted the Ethereum clients' current focus on blob tr

Things are about to get spookier with the collaboration between Aptos Labs and Universal Pictures as they join forces to craft immersive digital experiences for the much-anticipated release of "The Exorcist: Believer”. https://twitter.com/AptosLabs/status/1707402273876517032?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1707402273876517032%7Ctwgr%5E24d3ab086a3020488d1589058f436335e8341fb0%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.coinlive.com%2Fnews-detail%2F181395 Scheduled to premiere on 6 October, this film promises more than just spine-tingling scares; it offers horror enthusiasts the chance to dive headfirst into a cutting-edge digital fan experience, uniquely powered by the Aptos blockchain. At the heart of this cinematic journey lies the story of Victor Fielding, portrayed by Leslie Odom Jr, Victor finds himself ensnared in a supernatural enigma after his daughter Angela, portrayed by Lydia Jewett, and her friend Katherine, portrayed by Olivia

On 27 September, Meta's CEO, Mark Zuckerberg, made an announcement on their blog introducing two cutting-edge smart eyewear devices that have reignited the fierce competition between tech giants Apple and Amazon. Is it a major contender capable of reshaping the landscape of intelligent eyewear? What Can The Ray-Ban Meta Smart Glasses Do? One of the spotlight offerings from Meta is the revamped Ray-Ban Meta glasses, set to go head-to-head with Amazon's Echo Frames and Snapchat's Spectacles. https://twitter.com/ray_ban/status/1707470227930305021?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1707470227930305021%7Ctwgr%5E9da8e4a6ef186f19ce7231267b8fd304772a80f1%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.coinlive.com%2Fnews-detail%2F181401 These spectacles come equipped with an embedded AI assistant, aptly named "Meta AI." This feature responds seamlessly to voice commands, going beyond the ordinary to provide personalised

In a swift turn of events, Ripple, has decided to withdraw from its proposed acquisition of Fortress Trust, a move originally aimed at expanding its array of licenses in the United States (US). The announcement was delivered by Ripple's CEO, Brad Garlinghouse, via X (formerly known as Twitter) . The Fortress team is incredibly talented, and has built products solving real customer problems. While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future! — Brad Garlinghouse (@bgarlinghouse) September 28, 2023 He revealed that Ripple had opted not to proceed with the intended outright acquisition. However, Ripple will maintain its status as a shareholder in Fortress Trust's parent entity, Fortress Blockchain Technologies. The initial revelation of this acquisition plan, which took place on 8 September, took many by surprise, even within the ranks of Ripple itself. Today, we are

You cannot say former FTX CEO Sam Bankman-Fried (SBF) is a quitter because he never backs down. That is true at least in the case of him repeatedly appealing for bail and temporary release from his prison confines , even though the judge has denied his request as many times as he has appealed. Persistently stubborn or admirably tenacious? Pick your side. In a hearing held on 28 September at the United States (US) District Court for the Southern District of New York, Judge Lewis Kaplan dismissed a motion put forth by SBF's legal team, which sought his temporary release to prepare for the impending trial. https://twitter.com/innercitypress/status/1707408732135768367?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1707408732135768367%7Ctwgr%5Ec05e016a829862019e70acba3e4c1bc7d144a686%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.coinlive.com%2Fnews-detail%2F181402 This denial marks yet another legal setback for SBF , as his legal representatives had persi

Epic Games , renowned for its creation of the immensely popular Fortnite and the Unreal Engine development platform, is navigating a significant restructuring, as confirmed by CEO Tim Sweeney in an email that has been subsequently published as a blog post . This move entails a reduction of approximately 16% of its workforce, affecting roughly 830 employees. https://twitter.com/jasonschreier/status/1707412086651842669?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1707412086651842669%7Ctwgr%5E43ca5e025c49dfae254b8658ec04742f9bd69438%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.coinlive.com%2Fnews-detail%2F181405 Notably, two-thirds of those impacted occupy roles beyond the core development teams at Epic. Tim shed light on the company's rationale behind this decision, revealing that Epic had been channelling resources into fostering Fortnite's growth within the creator economy sphere. However, the revenue-sharing model associated with creator conte

In the realm of blockchain oracles, Chronicle has carved a niche as the exclusive provider for MakerDAO. Safeguarding assets exceeding $5 billion within the MakerDAO ecosystem, Chronicle is now poised to expand its services across new protocols and diverse blockchain networks. A Beacon of Reliability Since its inception in 2017, Chronicle has played a pivotal role in the development of MakerDAO and the birth of DAI. Its commitment to maintaining data integrity and providing dependable oracles has made it a cornerstone of the decentralized finance (DeFi) landscape. Embracing Multi-Protocol Integration Chronicle's latest ambition is to broaden its horizons by integrating with a new protocol. This strategic move will enable its services to span multiple blockchain networks, thereby enhancing accessibility and usability. Polygon zkEVM: The Next Frontier Among the exciting developments on the horizon is Chronicle's anticipated launch on Polygon zkEVM. Thi

In a pioneering move, Swyftx , the Australian cryptocurrency exchange, is set to introduce the "Earn and Learn" crypto education platform on September 6. This unique initiative aims to empower users by providing valuable insights into the world of cryptocurrencies, with a particular focus on identifying and avoiding crypto scams. Addressing a Misconception Tom Mathews, Head of Corporate Affairs at Swyftx, emphasized the need to clarify the terminology. He stated, "Cryptocurrency scams exist, but there’s frustration within the industry around how often this term is bandied about when what people are actually talking about are traditional scams, which happen to involve digital assets." Swyftx aims to bridge this gap by educating users about both crypto-specific and traditional scams involving digital assets. Knowledge as a Shield The overarching goal of Swyftx's initiative is to equip the public with the necessary knowledge to navigate the crypt

In a groundbreaking announcement, Fabio Panetta , a prominent member of the Executive Board of the European Central Bank ( ECB ), has declared that the Digital Euro is poised to transform the way Europeans engage with their currency. In a recent speech before the Committee on Economic and Monetary Affairs of the European Parliament, Panetta underscored the significance of the European Union's legislative proposal for the Digital Euro, emphasizing that it will usher in a new era of accessibility and acceptance of payments within the Eurozone's increasingly digital landscape. european central bank ecb Panetta's Vision: A Digital Euro for All With unwavering confidence, Panetta addressed the monumental step taken by the European Commission when it published the Digital Euro proposal on June 28. This pivotal move aimed at making the Euro more accessible and widely accepted marks a significant stride for Europe, positioning it at the forefront of advanced econo

Visa , the payment giant that needs no introduction, is once again making headlines with its ambitious plans to reshape the future of payments. In an era where digital currencies and blockchain technologies are gaining unprecedented traction, Visa has laid down its cards, revealing a strategy that involves the utilization of digital stablecoins, alongside cutting-edge Solana and Ethereum technologies. This seismic shift is set to propel global payments into the next frontier, and it's creating quite the buzz in the financial world. https://twitter.com/solana/status/1699032831643533556?ref_src=twsrc%5Etfw Visa's Game-Changing Move Visa's bold move centers around the adoption of digital stablecoins for payment settlements, and their choice of collaborators speaks volumes. Worldpay and Nuvei, renowned players in the world of payment solutions, have joined forces with Visa in this game-changing endeavor. Together, they aim to empower businesses with the freedom

In a financial feat that has sent ripples through the cryptocurrency world, Tether, the guardian of stability in the volatile realm of digital assets, has notched up an astounding $72.5 billion in US Treasury bonds. Paolo Ardoino , the Chief Technology Officer ( CTO ) of Tether , proudly shared this milestone on Twitter. This move positions Tether as a force to be reckoned with, surpassing countries like the United Arab Emirates, Mexico, Australia, and Spain in T-bill holdings. https://twitter.com/paoloardoino/status/1698943028541419795?ref_src=twsrc%5Etfw Tether: A Dominant Force Tether (USDT), often hailed as the anchor in the turbulent sea of cryptocurrencies, has solidified its position as the most widely used stablecoin worldwide. With a commanding market cap of $82.8 billion, according to CoinMarketCap , it's evident that Tether holds sway over the digital financial landscape. This monumental achievement comes hot on the heels of Tether's 2023 second-