Hong Kong’s e-HKD project expands into tokenization, programmability
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective. Go to Source
Blockchain
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Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities … Read more
Digital Asset, DTCC complete collateral tokenization pilot
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset. Go to Source
1.71 Million BTC From 2009-2012 Block Rewards Still Dormant, Worth Over $100B
This past week, a batch of five block rewards from 2009 were moved for the first time in almost two years. Interestingly, since 2015, only 48 block rewards from Bitcoin’s creation year have been spent. With the reawakening of these so-called ‘sleeping’ bitcoins from Bitcoin’s early days, it’s a good time to reflect on just … Read more
Diamond hands Ethereum holder makes $131.72M in 2 years
An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy. Go to Source
Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows
The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023,” the crypto intelligence firm explained. Bhutan Revealed as a Major … Read more
The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles
Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during … Read more
NFT Sales Climb 7.33%, Mythos, Blast, and Solana Lead the Charge
Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable lift. NFT Gains: Digital Collectible Buyers Increase by 137% as Sales Hit $77.13M After several weeks … Read more
Computer Scientist: China’s Crypto Crackdown Spurred Decentralization of Asia’s Web3 Infrastructure
Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market outside of China has further solidified the region’s position as … Read more
‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. … Read more