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Monthly Archives: November, 2023

Layer 2 networks hit $13 billion TVL but challenges still remain

Ethereum Layer 2 networks reached a new milestone on November 10, reaching $13 billion of total value locked (TVL) within their contracts, according to...

Navigating the Next Wave of Crypto Institutionalization: A Due Diligence Primer

As FTX showed, operators in digital asset markets need to improve corporate governance standards. Here are the key components as the industry readies for...

New SEC Custody Rule Could Change How Financial Advisers Interact with Crypto Clients

In choosing a qualified custodian, bankruptcy protections are key. Bankruptcy-remote custody solutions — like Anchorage Digital Bank, a federally chartered bank — would still...

IMF Prepares Central Bank Digital Currency Handbook

"If appropriately designed, CBDC has the potential to improve payment systems and support a role for central bank money even as other digital payment...

Wall Street Gains on Cooling Inflation, Strong Corporate Earnings

Market Performance Wall Street had recently experienced a strong session, with the S&P 500 and Nasdaq Composite posting their best day since April. Investors celebrated...

Gold Prices Gain On More Signs Global Inflation Rolling Over

Gold (XAU/USD) Price, Analysis, and ChartsUK CPI came in at a two-year low for OctoberThe Core measure also ticked lowerGold prices are closing back...

The Global Movement to Promote Crypto Tax Transparency — What You Need to Know

In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions...

CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat

U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much...

Thanksgiving dinner, turkey are cheaper this year

A shopper walks past turkeys displayed for sale in a grocery store ahead of the Thanksgiving holiday on November 11, 2021 in Los Angeles,...

FOREX-Dollar gains after U.S. retail sales fall less than expected

(Adds byline, dateline, recasts paragraph 1 to reflect U.S. retail sales, comment in paragraphs 5-7, updates prices at 9:53 a.m. ET)By Herbert Lash and...

Blockchain ‘Intents’ Growing in Popularity as Crypto Ecosystem Gets Harder to Navigate

Simply defined, an intent is a specific goal a blockchain user wants to accomplish. While no two "intent-centric" systems are the same, they all...

Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain

The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S....

Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally

Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail. www.coindesk.com

El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing

It's been a bit more than two years since the country made bitcoin legal tender there. www.coindesk.com

Rishi Sunak defends asylum plans as Tory MPs vent anger

The PM rejects calls to drop the Rwanda scheme, which is branded a failed "gimmick" by Labour. www.bbc.co.uk

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