Swiss city accepts Bitcoin 🇨🇭, Coinbase offers crypto transfers on Telegram 💸, France’s 3rd-largest bank launches euro-pegged stablecoin 🇫🇷
📌 Daily Crypto, Blockchain & Web3 Update 2023-12-06
CRYPTOCURRENCY
Swiss city Lugano accepts Bitcoin and Tether for municipal taxes (2 min read)
The Swiss city of Lugano officially announced that it has started accepting BTC and USDT as payment for taxes and all other community fees.
Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO (2 min read)
Crypto mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange, with the stock opening at $0.6.
Bitcoin futures open interest on CME nears 2021 all-time high (3 min read)
The futures positioning on CME shows Bitcoin could still move higher from its current price, says IG Australia analyst Tony Sycamore.
Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram (2 min read)
Recipients need to download a Coinbase Wallet to receive the funds, but the crypto exchange says they’ve simplified the process for less tech-savvy users.
QUICK LINKS
Michael Jackson’s first-ever studio demo to be released on blockchain (2 min read)
Over five decades after Michael Jackson recorded a demo version of the song “Big Boy,” it’s set to be released globally on the blockchain as digital vinyl through the blockchain music platform Anotherblock.
France’s 3rd-largest bank, Société Générale, launches euro-pegged stablecoin (2 min read)
The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s customer base for trading use.
IBM unveils new air-gapped cold storage solution for digital assets (2 min read)
The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications.
Bitcoin Ordinals could be stopped if blockchain bug is patched, claims dev (3 min read)
A Bitcoin Core developer claimed Bitcoin Ordinals exploit a vulnerability allowing inscribers to bypass data size limits, which could soon be fixed.
Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain (2 min read)
Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization.
HashKey Exchange to onboard market makers to boost liquidity (2 min read)
“To incentivize more users to provide liquidity, we will officially launch the market maker project starting from 2023/12/28,” the exchange wrote.
BlackRock received $100K seed funds for Bitcoin ETF — SEC filing (2 min read)
BlackRock and other financial giants have entered the race to launch the first spot Bitcoin ETF in the United States.
SEC pushes deadline to decide on Grayscale spot Ether ETF (1 min read)
The commission said it will have until January 2024 to reach a decision on the spot Ether investment vehicle or institute proceedings to extend the deadline again.
Italy and South Korea central banks agree on CBDC cooperation (2 min read)
The central banks of Italy and South Korea announced a memorandum of understanding for the development and deployment of CBDCs.
Elon Musk’s xAI files with SEC for private sale of $1B in unregistered securities (2 min read)
“Spicy” AI chatbot Grok hasn’t been seen by the public yet, but it’ll be worth plenty after this securities issue.
Kenyan crypto tax bill makes it through parliamentary committee (2 min read)
The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament.
ChatGPT tops Wikipedia’s most-viewed articles of 2023 list (2 min read)
ChatGPT achieved 49.5 million views, surpassing and outperforming notable topics like “Deaths in 2023” and sports content.