Coindesk
Crypto News Source: coindesk.com
Crypto Regulatory Clarity Top Catalyst For Industry Growth: Coinbase & EYP Survey
Crypto market regulatory clarity was cited as the top catalyst for growth in the digital asset industry, according to a survey by crypto exchange Coinbase (COIN) and consulting firm EY-Parthenon (EYP). Coinbase and EY Parthenon surveyed 352 institutional investors between Jan. 13 and Jan. 24 this year. 86% of those surveyed said they had exposure to digital assets or planned to make allocations in 2025, and 84% said they had increased allocations to crypto and crypto-related products in 2024.59% of respondents said they planned to allocate more than 5% of their assets under management (AUM) to cryptocurrencies in 2025.An improving regulatory backdrop under Donald Trump's new administration is viewed as a large tailwind for the digital asset industry. The President...
21Shares Polkadot ETF Plan Progresses With Nasdaq Filing for Listing Approval
Nasdaq officially asked the U.S. Securities and Exchange Commission (SEC) to allow Swiss asset manager 21Shares list and trade shares of a polkadot (DOT) exchange-traded fund (ETF).The exchange submitted a 19b-4 filing to the SEC, asking for permission to list the ETF if it is approved by the regulator.The proposed fund would track the spot price of DOT, the native cryptocurrency of the Polkadot network. The filing follows an amended S-1 form submitted by 21Shares earlier this year, marking another step in the firm’s push to bring more crypto investment products to the market.21Shares is also seeking regulatory approval for funds linked to XRP and solana's SOL. The company recently announced it’s set to liquidate two actively managed crypto ETFs...
Microsoft Raises Alarm of Malware Targeting Coinbase, MetaMask Wallets
Tech giant Microsoft shared a new report warning of malware that targets 20 of the most popular cryptocurrency wallets used with the Google Chrome extension.Microsoft’s Incident Response researchers raised alarms of a new remote access trojan (RAT), dubbed StilachiRAT, which could deploy “sophisticated techniques to evade detection, persist in the target environment, and exfiltrate sensitive data,” the team shared in a blog post.According to the team, the malware was discovered in November 2024, and it could steal users' wallet information, and any credentials, including usernames and passwords, stored in their Google Chrome browser. StilachiRAT targets 20 crypto wallets including some of the most widely-used ones like MetaMask, Coinbase Wallet, Phantom, OKX Wallet, and BNB Chain Wallet.While the malware has not...
Michael Saylor’s Strategy Funding More Bitcoin Purchases With New Preferred Stock
Strategy (MSTR) Tuesday morning unveiled its latest twist at raising funds from capital markets to fund additional bitcoin (BTC) purchases, but there are indications the Wall Street spigot is slowing.The company's Perpetual Strife Preferred Stock (STRF) offers a fixed 10% annual cash dividend, paid quarterly, according to an SEC filing If dividends are unpaid, they compound at an additional 1% per year (quarterly), up to a maximum of 18%. The first dividend payment is scheduled for June 30, 2025.Strategy's initial preferred series (STRK) initially offered only an 8% interest rate. And Strategy's series of convertible debt offerings came with negligible or even 0% interest rates (different product than preferred, of course).Unlike common stock, STRF holders do not have voting rights...
Industrial Tech Giant Siemens Adopts IoT Blockchains From Minima
Siemens, Europe’s largest industrial technology company, is working with distributor ledgers for the internet of things (IoT) builder Minima, to embed blockchains into the German giant’s devices across the automotive, robotics and energy sectors.Minima is working with Siemens Cre8Ventures division, an initiative to accelerate industrial transformation by collaborating with startups in the fields of AI, digital twins, cybersecurity, and more, the companies said in a press release on Tuesday.A gradual evolution of computing capabilities towards the edges of networks has seen a greater need for security and data integrity to be embedded within these edge devices at scale, which is where IoT-level blockchains are usefulIt’s an interesting shift since blockchain technology might have originally been thought of as the antithesis...