Blockchain Bites: Paul Tudor Jones, Open Options and Why Bitcoin Looks Strong Heading to the Halving

news Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, estimates it will spend more than $20 million this year in building Bakkt, its bitcoin futures trading and custody platform. In an earnings call for Q4, 2018, on Feb. 7, Scott Hill, ICE’s chief financial officer, said the firm’s investment in Bakkt…

Sep 23, 2020 at 12:00 UTCDetail of Robert Alice, Block 22 (The Robert Alice project)Part of an art project that combines 40 paintings carrying a transcription of the code behind the Bitcoin blockchain is set to go under the hammer at Christie’s New York.  According to a press statement, the sale for 20 such paintings…

Jul 24, 2020 at 11:42 UTCUpdated Jul 24, 2020 at 12:05 UTCImage: NASA; Data: Siblis Research, CoinMarketCapFirst Mover: Crypto’s $35T Moment Could Come From Analog-World Stock ListingsThe stock market isn’t usually considered an ally of cryptocurrencies, but with the big U.S. exchange Coinbase now rumored to be considering a share listing, some digital-asset industry insiders say a move…

The weekend of March 10, 2023, was a profound test of how well stablecoins hold up under pressure. Now that everything has settled, some odd lessons have been passed on, namely: Transparency doesn't seem to be a good thing. And forget about prudent management of reserves – it's just not worth it.Opacity and sloppy reserve…

Canadian regulators on Wednesday unveiled capital plans for banks and insurers who hold crypto assets, in a consultation open until Sept. 20.The Office of the Superintendent of Financial Institutions said it was basing its proposals on those put forward by the Basel Committee on Banking Supervision in December, which could determine the extent to which…

news Canada has updated its anti-money laundering rules, making changes that will affect cryptocurrency exchange operations in the country. The Canadian government published the amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act in the Canada Gazette on Wednesday. While the changes to the financial rules – finalized late last month – cover a number of…

Life insurance company Meanwhile Insurance Bitcoin (Bermuda) said it raised $19 million to develop an artificial-intelligence (AI) aided bitcoin (BTC)-denominated policy as it eyes an economy developing around the largest cryptocurrency.The Bermuda Monetary Authority-licensed company said it raised the funds across two seed rounds. The first was co-led by Sam Altman, CEO of ChatGPT developer…

CFTC Chairman Heath Tarbert. (Joe Jenkins/CoinDesk archives) The Commodity Futures Trading Commission (CFTC), which regulates the U.S. bitcoin and ether derivatives markets, plans to develop a digital asset innovation blueprint by 2024. “We will develop a holistic framework to promote responsible innovation in digital assets,” the swaps regulator teased in its 2020-2024 Strategic Plan, released…

Nov 4, 2020 at 08:40 UTCUpdated Nov 4, 2020 at 08:44 UTCU.S. President Donald Trump(Shutterstock)Bitcoin fell Wednesday alongside traditional markets after President Trump alleged “fraud” in the presidential election and pledged to stop vote counting.Bitcoin was trading at $13,580 at time of writing, representing a 3.3% decline on the day. The fall reversed a rally…