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The Daily: DBS introduces tokenized banking services, BlackRock's Bitcoin ETF attracts $1 billion in less than a week and more

DBS, Singapore’s largest bank, has launched “DBS Token Services,” a new suite of blockchain-based products designed to enhance liquidity management and streamline operations for institutional clients. BlackRock’s spot Bitcoin ETF added another $309 million in net inflows on Thursday, contributing to more than $1 billion worth of positive inflows for its IBIT product this week alone. The SEC filed a “Civil Appeal Pre-Argument Statement” late Thursday, seeking to challenge the U.S. District Court for the Southern District of New York’s prior judgment in its ongoing case against Ripple. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/10/2024 - 18:16 PM

Bitfinex-backed Plasma raises $3.5 million to expand access to USDT stablecoins on Bitcoin

The team behind the Bitcoin-focused, EVM-compatible Plasma chain has raised $3.5 million from friends and family. Plasma, focused on expanding access to the USDT stablecoin, is backed by Bitfinex CTO and Tether CEO Paolo Ardoino.

theblock.co • 18/10/2024 - 14:04 PM

The Daily: FBI arrests SEC hacker behind fake Bitcoin ETFs approval post, Kraken enters the wrapped bitcoin game and more

Kraken launches kBTC; FBI arrests Eric Council for SEC hack; Nishad Singh seeks no jail time; Vitalik Buterin targets 100k TPS for Ethereum; Hamster Kombat plans expansion.

theblock.co • 17/10/2024 - 17:50 PM

Bitcoin miner MARA warns AI mirrors 2000s internet boom, firms risk overbuilding infrastructure: Bernstein

Fred Thiel of MARA discussed bitcoin mining's future, integration with AI, and strategies for cost reduction and diversification, emphasizing collaboration with Auradine for enhanced efficiency.

theblock.co • 17/10/2024 - 13:33 PM

Kraken rolls out wrapped bitcoin alternative kBTC on Ethereum and OP Mainnet

Kraken has launched kBTC, a new wrapped Bitcoin on Ethereum and OP Mainnet, competing with existing alternatives like Coinbase's cbBTC and WBTC.

theblock.co • 17/10/2024 - 12:41 PM

Robinhood confirms plan to support bitcoin, ether futures trading amid desktop rollout

Robinhood announces bitcoin and ether futures trading, along with a new desktop trading app, expanding its offerings despite regulatory challenges.

theblock.co • 17/10/2024 - 09:50 AM

The Daily: Cosmos co-founder blames Iqlusion over North Korea-linked security risks, Italy plans 42% capital gains tax on bitcoin and more

Jae Kwon criticizes Iqlusion over security issues; Italy raises bitcoin tax to 42%; US seeks shorter sentence for Bitfinex hacker; TON blockchain partners with Axelar; Trump promotes crypto.

theblock.co • 16/10/2024 - 17:35 PM

The Daily: DBS introduces tokenized banking services, BlackRock's Bitcoin ETF attracts $1 billion in less than a week and more

Bitfinex-backed Plasma raises $3.5 million to expand access to USDT stablecoins on Bitcoin

The Daily: FBI arrests SEC hacker behind fake Bitcoin ETFs approval post, Kraken enters the wrapped bitcoin game and more

Bitcoin miner MARA warns AI mirrors 2000s internet boom, firms risk overbuilding infrastructure: Bernstein

Kraken rolls out wrapped bitcoin alternative kBTC on Ethereum and OP Mainnet

Robinhood confirms plan to support bitcoin, ether futures trading amid desktop rollout

The Daily: Cosmos co-founder blames Iqlusion over North Korea-linked security risks, Italy plans 42% capital gains tax on bitcoin and more

Binance Labs invests in Bitcoin liquid staking platform Lombard

Japan’s Metaplanet rolls up bitcoin put options for additional revenue

Tesla moves its remaining estimated $770 million bitcoin stockpile to multiple new addresses

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