Coinbase introduces spot crypto trading for international institutions

Coinbase is introducing spot crypto trading on its international exchange.

The launch, which starts Thursday, allows institutional international investors to trade both bitcoin and ether against the USDC stablecoin. The exchange, which started in May, previously offered derivatives.

“In the coming months, we plan to expand the product to include retail users, additional assets and features that enable new trading strategies and enhance capital efficiency,” Coinbase said in a press release.

The move is also meant to relieve some hesitation from those who are worried about engaging with US exchanges due to the uncertain regulatory environment.

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Terrorism & Israel-Gaza war weaponized to destroy crypto – Cointelegraph Magazine

The Israel-Gaza war has once again thrown the spotlight on crypto, with anti-crypto politicians seizing on exaggerated reports of crypto being used to finance terrorism to introduce harsh new legislation with the potential to crush the industry.

Three days after Hamas carried out its brutal Oct. 7 attack, The Wall Street Journal published an inflammatory article stating that in the past three years, U.S.-designated terrorist organizations such as Hamas, Palestinian Islamic Jihad and Hezbollah had raised $134 million in crypto.

The article — later corrected following an online backlash — became ammunition for the anti-crypto army in Washington, which cited it to push…

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JUST IN: Worldcoin Joins Forces with Reddit, Telegram, Shopify, and More

Worldcoin Expands Reach with Key Integrations and Enhanced Security Features

Worldcoin has introduced groundbreaking integrations for its World ID technology with major platforms including Minecraft, Reddit, Telegram, Shopify, and Mercado Libre. This expansion follows earlier successes with Discord and others. The World ID 2.0 update enhances user authentication, aiding developers and users alike in distinguishing between bots and verified humans. This move not only bolsters online security but also opens avenues for innovative applications and fraud prevention across various digital environments.

Blockstream Announces BASIC Note Series 2 Launch After Successful $5 Million Series 1 Raise

Blockstream, a global leader in Bitcoin infrastructure, has announced the Series 2 launch for its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note, according to a press release sent to Bitcoin Magazine. This follows the success of Series 1, which witnessed investor demand exceeding expectations.

The Series 1 phase, initiated in September 2023, saw Blockstream allocate a total of $4.876 million towards procuring Antminer S19k Pro ASIC miners, substantially surpassing the anticipated $5 million target. The choice of these miners, renowned for their efficiency boasting a hashrate of 120 Th/s (23 J/T), aligns with Blockstream’s commitment to acquiring the most…

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Building the future of Web3 in physical-digital with DAOs

ATHDAOx, an event in the tradition of the Solana Hacker House, took place on Dec. 9 and 10 in Athens, Greece, to discuss all things decentralized autonomous organization (DAO).

From governance and legalities to community building and security, the event brought together the local DAO-focused community in Greece and abroad.

Cointelegraph was on the ground for the event and spoke with one of the event’s founders, Dimitris, aka Takisoul, about his experience building a physical space to discuss digital communities.

Main stage at ATHDAOx 2023. Source: Savannah Fortis, Cointelegraph

Athens DAO was first held in 2022, during which Takisoul said it hosted around 150 attendees, many of whom were…

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40% of crypto game devs are banking on trad gaming in 2024

Nearly 40% of blockchain game developers believe that traditional gaming studios will be one of the biggest positive driving forces for the Web3 gaming sector in 2024. 

In its “2023 State of the Industry Report,” released on Dec. 12, the Blockchain Gaming Alliance (BGA) found that 37.8% of respondents believed Web2 studios launching new games in Web3 or applying blockchain elements to existing titles would help push the industry forward in 2024.

When asked to identify the biggest positive driver in 2023, 19.8% of respondents cited traditional game studios launching nonfungible token games, while 15.2% pointed to the same studios transitioning into Web3.

Overall, 35% of all…

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Microsoft in pact with U.S. labor organization to foster worker-focused AI development

Tech giant Microsoft and the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) have announced a new partnership to discuss how artificial intelligence (AI) can anticipate the needs of workers and include their voices in its development and implementation. 

According to the AFL-CIO, the agreement’s goals include information sharing among labor leaders and workers on AI trends, incorporating worker perspectives and expertise in the development of AI, and helping shape public policy that supports the technology skills and needs of frontline workers.

Microsoft president Brad Smith said the agreement involves a collaborative effort with labor leaders to ensure…

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KuCoin Settles Lawsuit with New York, Exits State in $22M Deal

KuCoin, a major player in the digital asset world, has wrapped up a legal tussle with New York state authorities, agreeing to a hefty $22 million settlement.

KuCoin New York Lawsuit and Settlement

In the KuCoin New York case, the digital asset exchange faced a lawsuit from New York Attorney General Letitia James. KuCoin was accused of operating a digital asset trading platform without proper registration as a broker-dealer in commodities and securities. This meant New York residents could trade digital assets on their platform without the necessary regulatory clearance.

The platform previously boasted a privacy-centric approach, allowing users to transact without KYC or AML…

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Volcano Bonds Get Regulatory Approval in El Salvador

El Salvador, the first country to adopt Bitcoin as legal tender in September 2021, has officially approved the highly anticipated Bitcoin bonds known as ‘volcano bonds.’ The regulators have given the nod for an early 2024 launch of the bonds.

The Central American country’s Digital Assets Commission granted approval for issuing Bitcoin bonds, and the launch can be expected in early 2024, as stated by the National Bitcoin Office (ONBTC).

BREAKING NEWS The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD).We anticipate the bond will be issued during the first quarter of 2024.This is just the beginning for new capital markets on…

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Jack Mallers | Bitcoin Innovator And Visionary

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