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Daily Summary on June 23, 2024 $JASMY $PEPE $KAS $ZRO $TON #ZRO $ETH $NOT #TURBO $PEOPLE #dailysummary #DeFi #Crypto
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Standard chartered to launch Bitcoin and Ether trading desk #StandardChartered , a British multinational bank, is preparing to launch a trading desk dedicated to #Bitcoin and #Ether , according to sources familiar with the matter. This move positions the bank among the early adopters within the global banking sector to engage in spot cryptocurrency trading. The new desk, which will operate under the bank’s FX trading unit in London, is reportedly nearing operational readiness, although specifics on its launch timeline remain undisclosed. While several major banks like Goldman Sachs Group Inc. have been active in cryptocurrency derivatives, regulatory constraints have historically hindered direct involvement in the underlying assets.
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Osmosis DAO approves fee-free Bitcoin bridge for Cosmos ecosystem #Osmosis has approved the adoption of a fee-free #Bitcoin bridge to facilitate seamless integration of $BTC into the #Cosmos ecosystem. This move follows a successful vote where 95% of the Osmosis DAO community favored the proposal. The implementation will be made possible through a revenue-sharing agreement with Nomic, the provider of the Bitcoin bridge. Bridges like this enhance blockchain interoperability, allowing users to transfer crypto assets between different systems without friction. The agreement aims to align Nomic's protocol revenue with the usage of its bridged #BTC , addressing previous challenges related to revenue generation from deposits and withdrawals.
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COIN OF THE DAY #KAS #Kaspa
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Fantom Foundation partners with Sonic Labs to launch the Sonic Labs Innovator Fund #FantomFoundation partners with #SonicLabs to launch the Sonic Labs Innovator Fund with up to 200 million $FTM . This fund aims to accelerate the adoption of decentralized applications on the Sonic network. Managed efficiently by Andre Cronje, the fund will support infrastructure partners and #dApps across various sectors like compliance and bridge integration.
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