According to Foresight News, CoinDesk reports that Societe Generale's digital asset subsidiary, SG-Forge, in collaboration with the Banque de France, has successfully completed the first blockchain-based repurchase agreement transaction in the Eurozone. In this groundbreaking transaction, SG-Forge used bonds issued on the Ethereum blockchain in 2020 as collateral to obtain central bank digital currency (CBDC) issued by the Banque de France on its DL3S blockchain. This transaction marks a significant milestone in the exploration of blockchain technology for interbank refinancing operations. Under the framework of the European Union's Markets in Crypto-Assets (MiCA) regulation, SG-Forge is actively investigating potential use cases for its euro stablecoin, EUR CoinVertible (EURCV). The successful completion of this transaction demonstrates the technical feasibility of using blockchain for such financial operations and highlights the potential of CBDCs to enhance the liquidity of digital financial securities. Societe Generale emphasized that this transaction showcases the potential of blockchain technology in the banking sector, particularly in improving the efficiency and liquidity of financial securities through the use of CBDCs. This development is a step forward in the integration of digital assets into traditional financial systems, paving the way for further innovations in the digital finance landscape.

In a recent report, the financial giant recommended that investors put up to 2% of their multi-asset portfolios into Bitcoin.  With $11.5 trillion in assets under management, BlackRock carries a lot of weight in the financial world. Recently, they’ve also become the issuer of the largest spot Bitcoin ETF. This exchange-traded fund, called IBIT, manages […] The post BlackRock Recommends 2%... source: https://www.altcoinbuzz.io/cryptocurrency-news/blackrock-recommends-2-bitcoin-allocation/

Sui ($SUI) has made new ATHs 4 times just in the last month. Is Sui the Solana of this bull run? Sui has already made a good 16x off its all-time low of 36 cents. That was in October 2023. So, can it beat Solana’s 170x potential from 2021? Where is all this growth coming from? […] The post If You Hold SUI I Got News for You!!! (Act Now) appeared first on Altcoin Buzz. source: https://www.altcoinbuzz.io/reviews/if-you-hold-sui-i-got-news-for-you-act-now/

The post Ledger Security in Question After $2.5 Million Stolen from Nano S Wallet appeared first on Coinpedia Fintech News Ledger’s reputation is in question as a Reddit user @anchor_drops claimed to have lost $2.5 million worth of digital assets; including 10 Bitcoins and $1.5 million in NFTs- stolen from their Ledger Nano S hardware wallet.  Although they had their seed phrase stored... source: https://coinpedia.org/crypto-live-news/ledger-security-in-question-after-2-5-million-stolen-from-nano-s-wallet/

Bitcoin supply profitability should form a focus for those seeking to avoid the return of the BTC bear market, says CryptoQuant. source: https://cointelegraph.com/news/bitcoin-analysis-start-selling-btc-when-metric-hits-4?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

CryptoSlate’s SlateCast recently welcomed Brandon Kumar, co-founder of Layer3, to discuss the platform’s mission to revolutionize crypto engagement through user-owned value. Joined by CryptoSlate’s Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill, Kumar shared insights into Layer3’s business model, future goals, and the broader trends shaping the crypto industry. Redefining... source: https://cryptoslate.com/podcasts/layer3-co-founder-brandon-kumar-on-building-a-user-centric-crypto-engagement-platform/

The post Ethena Labs Hints at USDe Stablecoin Launch Pegged to USD on Dec. 16 appeared first on Coinpedia Fintech News Ethena Labs is set to launch its synthetic stablecoin, USDe, on December 16, 2024, with its market cap already reaching $5.73 billion. Unlike traditional stablecoins like USDT or USDC, USDe is designed as a yield-generating asset rather than just a transaction tool. USDe has... source: https://coinpedia.org/news/ethena-labs-hints-at-usde-stablecoin-launch-pegged-to-usd-on-dec-16/

The post MicroStrategy’s Bitcoin Strategy: Inspiring MARA and RIOT, But at What Cost? appeared first on Coinpedia Fintech News MicoStrategy, with 423,650 BTC, is the company that holds the highest number of Bitcoins. Its debt-financed bitcoin purchase strategy was tremendously successful. Now, the total value of its BTC holdings stands at $42,450,183,305. Reports indicate that MicroStrategy... source: https://coinpedia.org/news/microstrategys-bitcoin-strategy-inspiring-mara-and-riot-but-at-what-cost/

According to the official announcement, CoinW will launch VIRTUAL in the AI ​​and BASE zones at 22:00 (UTC+8) on 2024/12/13, and open the VIRTUAL/USDT trading pair. Specifically: Deposit start time: 2024/12/13 21:00 (UTC+8) Trading start time: 2024/12/13 22:00 (UTC+8) Withdrawal start time: 2024/12/14 21:00 (UTC+8) At the same time, the "Join the VIRTUAL bounty program and share 5,000 USDT rewards" event will be launched.

According to official news, Bybit launched the URO/USDT perpetual contract.

Binance Launchpool has launched the 62nd project - Vana (VANA), a native EVM-compatible L1 blockchain for user-held data.

Alexandr Wang and his company is facing a class suit, with allegations of emotional stress for contractors who worked on a self-harm prevention project for meta

This initiative, funded by OpenAI and Microsoft, leverages nearly one million digitised books from Google Books to expand resources for AI training, advancing the use of public-domain literature in AI development.

“Compared to crypto-native narratives like DeFi and NFT or transformative narratives like GameFi, AI is an alien narrative.”

As the funding rates of a large number of altcoins soared to the highest level in nearly three years, this round of sentiment-driven altcoin market finally ushered in a violent shock after the climax.

The ten latest developments and innovations in the DeFi field cover technology upgrades, protocol innovations, ecological development, and integration with AI.

Australia is tightening its grip on cryptocurrency regulation with new proposals aimed at preventing financial crimes such as money laundering and terrorist financing.

He embraces a strongman vision that proposes deporting millions of immigrants, dismantling parts of the federal government, retaliating against political opponents, and dismantling institutions that millions of people view as censorious and corrupt.

SEC Chair Gary Gensler has intensified scrutiny of Elon Musk, targeting Neuralink with a 48-hour settlement ultimatum. Musk responded with satire, portraying Gensler as a snail in a suit. Is this Gensler’s last move before his expected resignation?

Against the backdrop of the somewhat “outdated” NFT narrative, it remains to be seen whether Pudgy Penguins can revive the industry’s tone and achieve sustainable development.