Benito Cormi

Grayscale’s GBTC Sells $527M in Bitcoin amid Decreased Trading Volumes for Spot ETFs; Other Funds Still Accumulate BTC

Benito CormiJan 25, 20242 min read

Spot Bitcoin ETFs Experience Lowest Volume Since Jan. 11 According to the latest data, spot bitcoin exchange-traded funds (ETFs) had their lowest trading volume day since…

Identifying Bias in AI Model Data: Blockchain’s Potential “Killer Use Case” – Expert Insights from WEF Panelists

Benito CormiJan 25, 20242 min read

Blockchain Can Combat AI Bias, Say Experts Top executives at the World Economic Forum have highlighted the potential of using blockchain technology to address bias and…

Leading Wallets and Payment Solutions Call on FinCEN to Reconsider Proposed Regulations Associated with Cryptocurrency Mixing

Benito CormiJan 25, 20242 min read

Cryptocurrency Companies Call for Withdrawal of FinCEN’s Mixing Transaction Rules A letter has been sent to the Financial Crimes Enforcement Network (FinCEN) by a group of…

Revolutionizing Defi Profit Distribution: Uma’s Cutting-Edge Innovation Ensures Equity

Benito CormiJan 25, 20243 min read

Oval Launches to Revolutionize Oracle Data Usage in DeFi Protocols UMA, an Ethereum-based oracle protocol, has announced the launch of its latest product, Oval. This innovative…

Polymer Labs Raises $23M Funding for Development of Ethereum’s Cross-Chain Integration Center

Benito CormiJan 25, 20242 min read

Polymer Labs Raises $23 Million in Series A Funding Round Polymer Labs, a modular Inter-Blockchain Communication (IBC)-based networking layer two (L2), has recently completed a Series…

Majority of Crypto Asset Communications Found in Violation by FINRA

Benito CormiJan 25, 20243 min read

FINRA Report Uncovers Disinformation in Marketing of Crypto Assets A report released by the Financial Industry Regulatory Authority (FINRA) on Jan. 23 reveals that around 70%…

The IRS Updates Tax Forms with Revised Query on Digital Assets

Benito CormiJan 24, 20242 min read

IRS Expands Digital Asset Question on Tax Forms The Internal Revenue Service (IRS) has made changes to the digital asset question on income tax forms and…

Leading the Path: First US Bitcoin ETF by Bitwise Publicly Reveals Wallet Address

Benito CormiJan 24, 20242 min read

Bitwise Revolutionizes Spot Bitcoin ETF with Onchain Authentication Bitwise, a prominent digital asset manager, has made a groundbreaking move by becoming the first U.S. spot bitcoin…

OKX Exchange Reveals Plans for User Compensation Following OKB Token Flash Crash

Benito CormiJan 24, 20242 min read

Okx Exchange Develops Compensation Plan After OKB Token Flash Crash Okx exchange recently experienced a sudden and significant drop in the value of its native token,…

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