Page 2107 – Stay sly and hodl

OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’

Report shows reserves are largely spread between bitcoin, ether, and USDT.

Fireblocks Enlists Crypto Insurance Firm Coincover for Third-Party Key Recovery Service

Coincover said Fireblocks customers can rely on fixed processes and a standard service level agreement.

Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate

The startup, formerly known as FQX, lets companies raise money through debt securities.

National Australia Bank Becomes Second Australian Bank to Build Stablecoin

The National Australia Bank (NAB), one of the four biggest Australian banks, has created a stablecoin called AUDN.

Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says

Lawyers, accountants and other financial professionals should have stepped in to halt the fatal mistakes going on inside crypto firms such as FTX long before they imploded, said Christy Goldsmith

MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting

MakerDAO voters so far favor keeping the $500 million Gemini USD stablecoin ceiling in Maker’s PSM reserve over decreasing its role or phasing it out.

Davos Day 3 Shows Conflicting Visions for the Metaverse, CBDCs

Whether it’s trading state-backed virtual currencies or jumping between virtual worlds, common standards for digital economies are still hotly contested in global forums.

Crypto Technology’s Impact Goes Beyond Crypto Technology

Token-based fundraising can help more than underserved markets, projects and entrepreneurs, says CoinDesk columnist Noelle Acheson. It can also help other new technologies evolve.

Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested

Bitcoin fell 2% to trade at the $20,700 level, while ether was trading down 3% to the $1,530 level. Equities closed down.

World Leaders Warmed to Blockchain at Davos This Year, Despite Crypto Winter

Crypto advertising has dropped at Davos in 2023, but discussions and panels from industry leaders are in full swing.