Thirty companies were granted virtual asset service provider licenses in the country during the year. The number of crypto companies officially registered to operate in Spain grew roughly 56% in 2023. According to the official registry, published as an xls document on the website of Spain’s Central Bank, 30 companies were granted a virtual asset service...Continue Reading
According to the survey, less than 40% of surveyed employees received equity, while about 50% received tokens. In the crypto sector, recent hires are more inclined to get equity instead of tokens, as per a survey by Variant and Union Square Ventures. The two crypto companies surveyed businesses in their investment portfolios to grasp emerging...Continue Reading
Founders behind Manifold Trading and Rug Radio have confirmed they were among those recently targeted in SIM-swap attacks. SIM-swapping attacks have ramped up in the week leading to Christmas, with the founders of Manifold Trading, Rug Radio, and other crypto influencers being hit with attacks in the last 48 hours — some of whom lost...Continue Reading
Only a day after flipping XRP, SOL has beat BNB in market cap following an 18% surge over the past 24 hours. A strong 18% surge in the price of Solana (SOL) over the past 24 hours has boosted the cryptocurrency to the fourth spot in market capitalization — the first time it’s done so...Continue Reading
Cryptocurrency analyst Will Clemente believes COIN will be the viable option for many TradFi investors to choose after Bitcoin. Correction: This article was corrected on Dec. 22 to reflect that it was Will Clemente who suggested Coinbase (COIN) shares will likely serve as an “index play” for traditional finance firms, not Blockware’s Mitchell Askew. Coinbase...Continue Reading
While some worried the recommendations contained in the IOSCO report could “kill” DeFi, Apollo Crypto’s Matthew Harcourt says it poses no “existential risk” to the world of decentralized finance. A series of privacy-busting policy recommendations from the International Organization of Securities Commissions (IOSCO) shouldn’t be seen as a death knell for decentralized finance, argues Apollo...Continue Reading
The United Nations has already been using cryptocurrency wallets to get financial aid to refugees, and now it sees ZK-proof tech as the next critical tool. Decentralized identity, through zero-knowledge proofs (ZK-proofs), is critical to ensuring the safety of refugees forced to cross borders, says the treasurer of a United Nations agency. It is currently...Continue Reading
Elon Musk, the owner of X, expects to launch X payments as early as the middle of next year. Elon Musk’s ‘everything app’ X is expected to launch in-app payment services on its social media platform around mid-2024, though crypto integration now seems only a remote possibility. Speaking to ARK Invest’s Cathie Wood in a...Continue Reading
Hong Kong attracts 210 crypto companies despite its very annoying new travel rule, $1.1B of 3AC’s assets frozen, and more in Asia Express. Our weekly roundup of news from East Asia curates the industrys most important developments. A new set of rules governing inter-exchange deposits and withdrawals will take effect in Hong Kong on New...Continue Reading
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