According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations. A recent paper from the Bitcoin Policy Institute titled The Case for Bitcoin as a Reserve Asset argued that central banks should adopt Bitcoin (BTC) as a reserve asset to hedge against...Continue Reading

Lamine Brahimi discusses how blockchain-based government bonds could revolutionize debt markets, with benefits including lower borrowing costs and efficient settlements. The rise of government-issued blockchain-based digital gilts, or bonds, could impact global debt markets by potentially reducing borrowing costs and opening up new trading strategies. In an exclusive interview with Cointelegraph, Lamine Brahimi, co-founder and...Continue Reading

Vitalik Buterin’s “The Purge” aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical debt for better efficiency. Vitalik Buterin, co-founder of Ethereum, has released the fifth part of his blog series “The Purge,” aimed at reducing data bloat and simplifying Ethereum’s protocol. The Purge focuses on trimming unnecessary data storage...Continue Reading

Learn the fate of seized cryptocurrency, including how it’s stored, auctioned and redistributed after being confiscated by law enforcement. Seizure of cryptocurrency refers to the confiscation of crypto assets by authorities, usually as part of legal investigations. It may occur in cases of fraud, money laundering or other unlawful activities.  If law enforcement agencies suspect...Continue Reading

Bitcoin rapidly rids itself of record open interest but concerns remain over the short-term BTC price trend. Bitcoin (BTC) circled $67,000 on Oct. 26 after news events sent BTC price tumbling nearly 5%.  BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView tracked local lows of $65,530 on Bitstamp into the Oct....Continue Reading

A fake Curve Finance app has infiltrated Apple’s app store, gaining popularity despite warnings from the community. A counterfeit application posing as the decentralized finance (DeFi) platform Curve Finance has gained traction in the Apple app store, ranking among the top 100 finance apps on Oct. 26. Despite being flagged by multiple users as a...Continue Reading

The founder of Polymarket claims that the platform “is not about politics” as it takes “center stage” in the lead up to the United States presidential election. Despite crypto prediction markets platform Polymarket being on the “center stage” as the United States presidential election approaches, its founder claims that it has no intention of being...Continue Reading

Bitcoin solidifying its position “above all key moving averages” suggests that bulls are “firmly in control” as long as the price holds above $66,500. Bitcoin bulls will keep the upper hand over bears as long as the price holds above $66,500, after the asset has positioned itself above “all key moving averages,’ according to crypto...Continue Reading

The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse. The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse.  Along with a breakdown of the current state of metaverse activity in...Continue Reading

Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC. On Oct. 24, a filing by Microsoft Corp. (MSFT) with the United States Securities and Exchange Commission (SEC) revealed an unexpected item on the agenda for its upcoming annual shareholder...Continue Reading