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Latest headlines from Coindesk.

Vitalik Buterin Takes a Dig at the Metaverse, Calls it a Branding Ploy

Metaverse tokens have a $18 billion market cap, but we're not quite at Ready Player One yet.

https://www.coindesk.com/tech/2024/03/27/vitalik-buterin-takes-a-dig-at-the-metaverse-calls-it-a-branding-ploy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong

The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.

https://www.coindesk.com/policy/2024/03/27/hsbcs-gold-token-goes-live-for-retail-investors-in-hong-kong/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Munchables Exploited for $62M Ether, Linked to Rogue North Korean Team Member

The broader crypto community is calling for a controversial chain rollback in a bid to recover funds.

https://www.coindesk.com/tech/2024/03/27/munchables-exploited-for-62m-ether-linked-to-rogue-north-korean-team-member/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NEAR Launches Multichain Transaction From One Account Feature

Chain signatures allow users to transact on any network from one account.

https://www.coindesk.com/business/2024/03/27/near-launches-multichain-transaction-from-one-account-feature/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Is Having an Odd Time

Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly esc...

https://www.coindesk.com/policy/2024/03/27/binance-is-having-an-odd-time/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum

As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are...

https://www.coindesk.com/policy/2024/03/26/house-republicans-demand-sec-explain-whats-up-with-crypto-platform-prometheum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

'We've Seen Breakdowns of Trust': Nathan Schneider on How to Democratize the Web

The activist's new book "Governable Spaces" explores ways blockchains can help people experiment with self-governance online.

https://www.coindesk.com/consensus-magazine/2024/03/26/weve-seen-breakdowns-of-trust-nathan-schneider-on-how-to-democratize-the-web/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says

Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, the report said.

https://www.coindesk.com/business/2024/03/26/galaxy-digitals-strong-earnings-will-carry-into-current-quarter-analyst-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Insurance Broker Marsh Introduces $825M Crypto Custody Coverage

The new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC).

https://www.coindesk.com/business/2024/03/26/insurance-broker-marsh-introduces-825m-crypto-custody-cover/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg

Hong Kong’s financial regulator, the Hong Kong's Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year,...

https://www.coindesk.com/business/2024/03/26/hong-kong-likely-to-allow-in-kind-creations-for-spot-bitcoin-etfs-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Layer-1 Blockchain WAX Signs Deal With Amazon Web Services

Layer-1 blockchain Worldwide Asset Exchange (WAX) signed a deal to use Amazon Web Services (AWS) and integrate the WAX network into the Amazon Managed Blockchain (AMB) service.

https://www.coindesk.com/business/2024/03/26/layer-1-blockchain-wax-signs-deal-with-amazon-web-services/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi

Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins.

https://www.coindesk.com/business/2024/03/26/a16z-backed-protocol-unveils-us-dollar-stablecoin-passing-yield-from-rwa-and-defi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges

U.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of ...

https://www.coindesk.com/business/2024/03/26/crypto-exchange-kucoin-violated-anti-money-laundering-laws-us-charges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether to Establish AI Unit, Starts Recruitment Drive

The unit will focus on the development of open-source AI models and collaborate with other firms to integrate the models into products that could address real-world challenges.

https://www.coindesk.com/business/2024/03/26/tether-to-establish-ai-unit-starts-recruitment-drive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

New Hampshire Has a Better Approach to DAOs

The state's proposed law would grant legal personhood and limited liability for participants of decentralized autonomous organizations (DAOs).

https://www.coindesk.com/consensus-magazine/2024/03/26/new-hampshire-has-a-better-approach-to-daos/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nayib Bukele Update on El Salvador Bitcoin Holdings Shows Growing Stack

At the current price just above $70,000, the nation now holds about $400 million worth of bitcoin.

https://www.coindesk.com/business/2024/03/26/nayib-bukele-update-on-el-salvador-bitcoin-holdings-shows-growing-stack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines