21Shares files Form S-1 with SEC for spot XRP ETF
The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise.
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DeFi Be Warned: The Short, Unhappy Life of Yam Finance
There are some decentralized finance projects that make flash loans; Yam Finance (YAM) was a DeFi project that made a flash appearance.YAM, which initially described itself as a “minimally viable monetary experiment,” launched on August 11 amid some fanfare, and in less than two days, its market value soared from zero to $57 million. But…

Global Retail Giant Auchan Expands Blockchain Tracking Solution to Five More Countries
Global retail giant Auchan is expanding TE-FOOD’s blockchain solution to improve the transparency of products’ history, U.S.-based news agency Cision PRWeb reports today, Dec. 4.The French retail group, which is reportedly the 13th largest food retailer globally with operations in 17 countries, has extended TE-FOOD’s FoodChain solution to five more countries.FoodChain is the international traceability…

3 Technical Factors Point to a Bitcoin Price Correction After Halving
The Bitcoin (BTC) price has seen a strong recovery to $9,887 since mid-March, rising by more than $6,000 within a span of two months. The rapid upsurge was caused in anticipation of the block reward halving that is set to occur on May 12.The halving will continue to be the main narrative around the Bitcoin…

Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market
Despite the ongoing cryptocurrency market decline and associated forced layoffs in major crypto firms, a career in crypto doesn’t turn less attractive to many traditional finance executives.European crypto exchange-traded fund (ETF) provider 21Shares announced three major hires on Wednesday to expand its presence in countries like France, Germany and the United Arab Emirates.Marina Baudéan, 21Shares’ newly…

Bank of Thailand Announces “Milestone” Digital Currency Project Using R3 Corda Platform
The Bank of Thailand (BoT) has revealed plans to develop a wholesale Central Bank Digital Currency (CBDC) that will use R3’s Corda platform, in a press release published August 21. A CBDC is a digital currency issued by a central bank whose legal tender status depends on government regulation or law. The “wholesale” variant of…

Researcher suggests miners are manipulating Ethereum blocks to exploit DeFi
Some Ether (ETH) miners appear to be re-engineering blocks to take advantage of DeFi opportunities in an instance of what is termed “miner extractable value,” or MEV.Miner extractable value was long anticipated by researchers as a potential exploit pattern for DeFi that leverages the miners’ unique protocol influence. Since miners have free reign over what…

Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.

Hong Kong-Based Holding Company Appoints Huobi Exchange Founder as CEO
Huobi Group founder Leon Li has been appointed CEO, chairman of the board and executive director of the board of Pantronics Holdings Ltd.Changes at PantronicsA press release shared with Cointelegraph on Sept. 10 announced Li’s new roles at Hong Kong -listed holding company Pantronics Holdings Ltd.The 37-year-old Leon Li, who founded the global digital asset…