Transaction URL: https://blockchain.com/btc/tx/c1c5d6a143116bbabfeeee7f73ec160a1b842909a5f7a31a1eab00d66427e399
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The U.S. Marshals Service (USMS) has chosen Coinbase Prime to provide custody and advanced trading services for its “Class 1” large-cap digital assets. After a competitive evaluation process, Coinbase was selected for its strong track record and ability to deliver secure, institutional-grade crypto services.
Coinbase has a longstanding history of collaboration with law enforcement, supporting federal, state, and local agencies across the U.S. and internationally since 2014. These partnerships are crucial to promoting safe and efficient markets, aligning with Coinbase’s mission to grow the cryptoeconomy.
Coinbase Prime has become the preferred platform for institutions and large holders of digital assets, managing $330 billion in assets and recording $256 billion in institutional trading volume in Q1 2024. With leaders like Brett Tejpaul and Greg Tusar driving institutional growth, Coinbase continues to expand its services and educate the institutional community about crypto.
Circle, a leading cryptocurrency firm known for its USDC stablecoin, announced on Monday that it has secured an e-money license from France’s banking regulator, ACPR. This milestone makes Circle the first global stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations.
With this license, Circle can now issue its USDC and EURC stablecoins throughout the EU, ensuring compliance with MiCA’s stringent stablecoin provisions. Circle’s CEO, Jeremy Allaire, emphasized the significance of this achievement, highlighting it as a critical step towards mainstream acceptance and regulation of digital currencies.
The MiCA framework, passed last year, is the world’s first comprehensive crypto law, setting rigorous standards for investor protection and market integrity. Circle’s approval under these regulations marks a significant advancement for the cryptocurrency industry, paving the way for broader adoption and integration of stablecoins in global financial systems.
When they descended into coal mines, miners would take a caged canary with them. The toxic gasses, notably carbon monoxide, that accumulate in these places and pose a deadly risk to miners, would kill the canaries before the miners. This information made them aware of the danger, enabling them to evacuate before it was too late.
On May 14, 2024, Alexey Pertsev, a software developer who built an open-source tool to preserve online privacy, was found guilty of money laundering and sentenced to more than 5 years in prison by a Dutch court.
In the court’s decision, the following can be read: “The tool developed by the suspect and his co-authors combines maximum anonymity and optimal…
Read more on BitcoinMagazine
Investor Sunny Po resurfaced with a seven-month update on his fearless strategy of maxing out credit cards to invest in Bitcoin BTC/USD.
What Happened: In April, Po shared his last update on maxing out eight credit cards to purchase Bitcoin, which sparked widespread interest and debate.
His current total amount of Bitcoin purchased remains unchanged at 1.4488, bought at an average price of $37,443. His total credit card debt stands at $54,251, with a minimum monthly payment of $542. The unrealized profits currently sit at $35,332, an 18.5% increase since May 31.
His strategy also involves rolling over the debt into new credit cards with 0% APR until May 2025, effectively “kicking the can”…
Read more on Benzinga
Lnfi, a Bitcoin payments development company, integrates web3 capabilities and tokenization into the Lightning Network.
By leveraging Taproot Assets, the company aims to unlock new use cases and enhance Bitcoin adoption by building new tools on top of the Lightning Network, which has traditionally focused on payment transactions within Bitcoin.
Lnfi, which is short for LightningFi, aims to broaden this scope by:
Enabling diverse use cases beyond payments, enhancing composability and interoperability across applications.
Boosting capital efficiency and Total Value Locked (TVL) while maintaining settlement on the Lightning Network.
Introducing tokenomics initiatives… Read more on bitcoinnews
Sony Group, the renowned Japanese conglomerate, has officially ventured into the crypto exchange market by acquiring Amber Japan, as reported by Wu Blockchain. Formerly known as DeCurret, Amber Japan is a regulated digital asset trading platform and a subsidiary of the global Amber Group. This move signifies Sony’s strategic diversification into the rapidly evolving crypto industry.
Amber Japan, now rebranded as S.BLOX, announced plans for a comprehensive update to its WhaleFin trading service. The upcoming enhancements include a redesigned user interface, a more intuitive mobile app, and expanded support for various cryptocurrencies. These changes aim to make digital asset trading more accessible and user-friendly for consumers.
Sony’s entry into the crypto market aligns with its broader interest in blockchain technology. The company has been exploring non-fungible tokens (NFTs) and blockchain applications in gaming, highlighted by a patent filed in March 2023 for an NFT framework. This system aims to facilitate the transfer and use of digital assets across gaming platforms, enhancing the gaming experience with blockchain innovation.
