Decided to release this weeks updates a day earlier given the significance of the day and the excitement!😅
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Its been a wild two days for the SEC and the Bitcoin ETF approval, but we finally have it! 11 ETF’s have been approved and the issuers are:
BlackRock’s iShares Bitcoin Trust,
Grayscale Bitcoin Trust,
ARK 21Shares Bitcoin ETF,
Bitwise Bitcoin ETP Trust,
WisdomTree Bitcoin Fund,
Fidelity Wise Origin Bitcoin Trust,
VanEck Bitcoin Trust,
Invesco Galaxy Bitcoin ETF,
Valkyrie Bitcoin Fund,
Hashdex Bitcoin ETF and
Franklin Bitcoin ETF.
Six of the ETFs will be listed on Chicago Board Options Exchange (CBOE), three will be on the New York Stock Exchange (NYSE) and two will trade on Nasdaq
A detailed view of the custodians and the fees.
BITWISE is the low-water mark on fees no fees for the first six months, then charging 0.20%, while Grayscale goes at 1.5%.
COIN VIEW
Chainlink
Chainlink Labs is the leading provider of secure and reliable Web3 services that have enabled trillions of dollars in transaction value across DeFi, insurance, gaming, NFTs, and other major industries. Chainlink Web3 services enhance smart contracts by connecting them to real-world data sources and off-chain computation across any blockchain and provide global enterprises with a universal gateway to all blockchains.
Swift, the standard messaging network for 11K banks, collaborated with Chainlink and some of the world’s largest banks and infrastructures—including Euroclear, Clearstream, BNP Paribas, BNY Mellon, and Citi—to demonstrate a secure and scalable way to connect multiple blockchains. Read More
ANZ Institutional, a leading Australian bank with $1T+ in AUM, issued two stablecoins, A$DC and NZ$DC, backed by the Australian dollar and the New Zealand dollar. ANZ Bank used CCIP to demonstrate a cross-currency, cross-chain purchase of tokenized assets. Read More
Vodafone is relied upon by over 350M customers, 160M+ IoT devices, and 7M organizations across the globe. Vodafone demonstrated how Chainlink CCIP can connect data and smart contracts across its Economy of Things-enabled global trade platform. Read More
DID YOU KNOW ?
Visa allows banks and payment companies to pay each other with Stablecoins. Gamechanger 👇👇
Visa is making USDC Stablecoin settlement available on the fast and cheap Solana Blockchain and partnering with Worldpay and Nuvei.
So why is this such a gamechanger?
Acquirers are like the internet service providers (ISPs) of payments. They help merchants, shops, and e-commerce stores accept card payments globally. With this service, the acquirer can receive funds in the form of USDC instantly from Visa. In turn, the acquirer (e.g., Worldpay) can immediately send the USDC to the merchant 24/7 and anywhere in the world.
This instant settlement is very different than the type offered today. Today, companies like Square might offer instant payouts to merchants. But what they're doing is they're essentially delivering payment now while they wait for funds to clear. They're taking that risk. Another way to do this is to hold a pool of dollars in multiple jurisdictions to give "instant dollars." But both options involve risk and cost. With USDC, the settlement is instant, and the money has actually moved.
https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.19881.html
LINKS THAT DONT SUCK
🤝 SAP to pay more than $230 million to settle bribery charges, U.S. authorities say
⛄ Snow is disappearing as the planet warms. A new study shows who’s losing the most
🤖At CES 2024, tech companies are transforming the kitchen with AI and robots that do the cooking
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