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BlackRock CEO Larry Fink: Bitcoin is "Digitizing Gold"
Coinbase director uncovers a crypto windfall, Binance braces for a surge in trading and Chainlink's questionable proof-of-reserves service.
Welcome to Daily Digest, where we surface trending news in crypto-based on conversations we found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Here are the trending news items over the last 24 hours. If you’d like to see even more updated news and trending news updated in real-time on our website
BlackRock CEO Larry Fink Says Bitcoin Is An International Asset
BlackRock CEO Larry Fink has stated that he sees Bitcoin as an international asset. He also mentioned that bitcoin and crypto are "digitizing gold" and that it can potentially serve as a hedge against inflation.
Coinbase Director Finds Lost Crypto Worth $320,000 for Stranger
Coinbase director Conor Grogan discovered over $320,000 worth of lost cryptocurrency for someone who was unaware of its existence. Grogan explained that during the Ethereum blockchain fork in 2016, those with onchain funds would have received an equal amount of ETH for their ETC. However, many people were not aware of this.
Binance CEO Expects Heavy Trading Volume, Readies Platform for Action
Binance CEO Changpeng Zhao is preparing the platform for increased trading volume over the next six to 18 months. He expects a surge in trading based on historical patterns and upcoming events such as the Bitcoin halving.
Chainlink 'Proof of Reserve' Proves Little Beyond Data Going In, Coming Out
Chainlink's proof-of-reserves service, designed to verify the backing of exchanges and asset managers, may provide a false sense of security and add a veneer of legitimacy to inadequate accounting practices.
Less Than 10% of All Bitcoin Trading Volume Happens in the US
Less than 10% of bitcoin trading volume occurs on registered US crypto exchanges, according to a report from CCData. The majority of bitcoin trading volume, as well as volume for other tokens, is found on Binance.
Valkyrie Resubmits Its Application for a Bitcoin Spot ETF to the SEC
Valkyrie has resubmitted its application for a Bitcoin spot ETF to the SEC, with Coinbase as its partner in the Surveillance Sharing Agreement (SSA). Valkyrie aims to meet SEC standards and address concerns about market manipulation.
Binance partners with Coursera to tap into demand for blockchain developers
Binance Academy has partnered with Coursera to offer crypto education programs to over 124 million registered learners. The courses will cover blockchain, web3, and cryptocurrency technologies, catering to beginners and professionals in the space. The demand for blockchain developers has risen by 552% in 2022, according to a DevSkiller report.
Stay tuned for more updates tomorrow!