IBM's New Cold Storage Crypto Tech
Coinbase Launches Money Transfers On TikTok, IG, WhatsApp, SEC Delays Ether ETF, Ordinals Could Be Stopped With Bug Patch
Welcome to Coinfeeds Daily Digest! Welcome to Coinfeeds Daily Digest! Coinbase is rolling out USDC-based money transfers on key social media and messaging platforms TikTok, Instagram, Telegram, and WhatsApp. At the same time, IBM is unveiling its novel security-driven storage for digital assets. The ETF story continues with the SEC delaying its decision on Grayscale's Spot Ethereum ETF into next year, and BlackRock and Bitwise filing their updated applications for Spot Bitcoin ETF proposals. In less mainstream market developments, Solana's BONK became the 3rd largest dog token, the ORDI token hit a $1B market cap, and Bitcoin developers discussed how a bug patch could end Ordinals & BRC-20.
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IBM Launches New Cold Storage Crypto Tech
IBM, a leading technology company, has recently unveiled a cutting-edge solution designed to enhance the security of digital assets. This new technology, known as IBM Hyper Protect Offline Signing Orchestrator (OSO), is set to revolutionize the way cryptocurrencies are stored in cold storage. | Read More
Coinbase Unveils Money Transfers On TikTok, Telegram, WhatsApp Based On Links
Coinbase has launched a new feature that integrates with popular messaging and social media platforms. This service allows users to transfer funds through links sent on WhatsApp, TikTok, Instagram, and other platforms like Facebook, Snapchat, and Telegram. | Read More
SEC Delays Grayscale's Ethereum ETF Decision
The SEC has once again postponed its decision on a significant cryptocurrency-related financial product. Grayscale Investments, known for its Ethereum Trust, has been eagerly awaiting the SEC's approval for its proposed spot exchange-traded fund (ETF). | Read More
Bitcoin Devs: Bitcoin Ordinals & BRC-20 Could Be Stopped If Bug Is Patched
At the heart of the issue is a bug in the Bitcoin Core code that reportedly allows Ordinals and BRC-20 tokens to bypass the usual data size limits for transactions. This has led to what some developers describe as "spamming the blockchain," as these inscriptions and tokens take up more space than standard transactions. | Read More
Stablecoin Market Expands After 1.5 Years Downtrend
The cryptocurrency market is witnessing a significant shift as fresh capital starts to flow into the ecosystem, marking a notable end to an 18-month downtrend. This influx of new money is primarily evident in the expansion of the stablecoin market, with Tether's USDT reaching a record high supply. | Read More
BlackRock and Bitwise Update Bitcoin ETF Filing
BlackRock and Bitwise have taken significant steps towards the potential launch of a spot Bitcoin ETF. Both companies have submitted updated applications to the U.S. SEC, refining their proposals in hopes of gaining approval. | Read More
Swiss City Lugano Accepts Bitcoin and Tether For Tax, Service Payments
The Swiss city of Lugano has made headlines by announcing its decision to accept Bitcoin and Tether for the payment of municipal taxes and services. This initiative is part of a broader strategy, known as "Plan B," which aims to integrate blockchain tech into the city's infrastructure. | Read More
Solana-based BONK Becomes 3rd Largest Dog Token After 1,000% Gain
Bonk, a Shiba Inu-themed token on the Solana blockchain, has rapidly climbed the ranks to become the third-largest dog-themed token, trailing only behind the well-known Dogecoin (DOGE) and Shiba Inu (SHIB). | Read More