Friday, September 1, 2023

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ETF Decision Delayed

The U.S. Securities and Exchange Commission (SEC) has extended its decision timeline on the spot bitcoin exchange-traded fund (ETF) applications.

This delay pushes the decision for all applicants, including BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets, to October.

In today's news, we have a successful blockchain interoperability test conducted by Swift, you can now inscribe your Ordinals on Binance and Adidas launches its residency program for digital artists.

Read on!

46% of MicroStrategy's BTC from 2020 Investments

MicroStrategy executed its largest-ever quarterly purchase of 38,250 BTC in Q3 2020, when it became the first publicly-traded company to do so.

This was also their lowest entry price to date, at an average of $11,151.

Read more here

24h Hot Searches Worldwide 🔥

CyberConnect (+15.8%)
Hourglass (-3.4%)
Bitcoin (-4.4%)
Sei (-4.5%)
JOE (+13.3%)
Polygon (-5.4%)
Arbitrum (-2.8%)

Coinbase's newly-launched layer 2 network, Base, has been gaining a lot of traction, with a majority of activity owed to viral social app friend.tech. Find out if it's different from other L2s in this video.

Find out now!

Linking the Chains

Swift revealed that it has accomplished successful blockchain interoperability tests with more than ten financial institutions, including Citi, BNP Paribas, and BNY Mellon.

The interbank messaging service tapped oracle provider Chainlink to establish a connection with Sepolia, a popular Ethereum testnet.

Decrypt

Inscribing on Binance

Binance Pool has launched its own Ordinals Inscription Service, allowing users to easily create their own brand of Ordinals through their exchange.

This tool allows information to be directly inscribed onto individual satoshis, the smallest bitcoin unit, resulting in distinct digital artifacts that are securely stored within the network.

The Block

Empowering Emerging Creators

Adidas /// Studio, also recognized as Three Stripes Studio, has introduced its 'Residency by Adidas' program, a residency initiative for digital artists.

This esteemed streetwear brand intends to showcase artists on a worldwide platform, with the program's launch set for September during Korea Blockchain Week in Seoul.

The program will encompass a range of limited edition and open edition Ethereum NFT artwork mints.