Author: Cointelegraph By Ezra Reguerra

Stablecoin company Zerohash has secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), making it one of the first infrastructure providers authorized to offer stablecoin services across the EU.  Zerohash Europe announced Sunday that it acquired a license from the Dutch Authority for the Financial Markets (AFM). This allows the company to…
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United Kingdom-based crypto trade association CryptoUK welcomed reports that the Bank of England (BoE) plans to launch a consultation on stablecoin regulation in November, saying alignment with United States policy would strengthen confidence in the country’s digital asset industry.  In comments sent to Cointelegraph, a CryptoUK spokesperson said that matching the US’s approach to stablecoin…
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BlackRock launched a Bitcoin-linked exchange-traded product (ETP) in the United Kingdom following the Financial Conduct Authority’s (FCA) decision to ease restrictions on crypto investment vehicles. On Monday, the asset manager’s website showed that the iShares Bitcoin ETP had been listed on the London Stock Exchange. According to the Sunday Times, the product, which is structured…
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Bitcoin infrastructure company Babylon Labs claimed to have developed a system that enables native Bitcoin to be used as collateral for borrowing assets on Ethereum. Babylon Labs co-founder and Stanford University professor David Tse said on Wednesday that the company built a proof-of-concept that allows native Bitcoin to be used “trustlessly” as collateral for loans…
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The crypto market’s Fear & Greed Index flipped sharply to “fear” this week, falling to levels last seen in April, as a market sell-off erased over $230 billion in a single day.  On Friday, CoinMarketCap’s Crypto Fear & Greed Index, which tracks volatility, market momentum, social media trends and dominance metrics, fell to a low…
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The memecoin sector’s market capitalization fell to levels last seen in July, as meme-based tokens struggled to recover from losses incurred during the crypto market’s sharp crash on Friday.  CoinMarketCap data showed that on Saturday, the memecoin sector dropped to a low of $44 billion, an almost 40% plunge from $72 billion the previous day.…
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A wallet linked to the Chinese Bitcoin mining operation LuBian transferred almost $1.3 billion in Bitcoin a day after the United States Department of Justice (DOJ) moved to seize $15 billion in Bitcoin allegedly stolen from the mining pool in 2020.  On Wednesday, blockchain analytics firm Lookonchain flagged the movement, noting that a wallet linked…
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The non-fungible token (NFT) market showed early signs of recovery after a steep sell-off wiped out about $1.2 billion in market capitalization during the crypto market crash on Friday.  According to CoinGecko data, the sector’s overall valuation fell from $6.2 billion on Friday to $5 billion on Saturday. This erased almost 20%, or about $1.2…
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Crypto fundraising reached an all-time high last week, with a record $3.5 billion raised across 28 funding rounds.  Cryptorank data showed on Monday that weekly fundraising reached its highest point from Oct. 6 to Sunday, surpassing all previous peaks, including the nearly $3 billion raised July 28 to Aug. 3. The surge came after seven…
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