The London Stock Exchange has announced today a big step towards the adoption of cryptocurrencies. Starting in the second quarter of this year, the exchange will begin accepting applications for the admission of Bitcoin and Ethereum exchange-traded notes (ETNs).
In the official statement, the LSE mentioned that it will follow a detailed process, which has already been outlined in a previously published fact sheet. Although the exact release date has not yet been confirmed, it is expected to be announced in the near future.
Importantly, the Exchange is encouraging potential issuers interested in supporting Crypto ETNs to participate early in the process. This is intended to mitigate any risk of delays in the admission schedule. However, it is relevant to note that crypto ETNs will only be available to professional investors, as specified in the admission information sheet.
Donald Trump is open to cryptocurrencies, especially Bitcoin, if he returns to the presidency
During a interview Recently, Donald Trump surprised by revealing an open stance towards cryptocurrencies, such as Bitcoin, if he were re-elected as president. In contrast to his previous preference for traditional currency, Trump expressed that his administration would not use his regulatory powers to suppress Bitcoin and other digital currencies.
The former president, a favorite for the Republican presidential nomination, shared how his perspective on currencies has evolved. Despite his historic defense of the dollar, Trump acknowledged the growth and adoption of the digital currency, especially after the success of cryptocurrency transactions made during the launch of Trump-branded luxury sneakers.
Although Trump admitted to not having personally purchased Bitcoin, he highlighted the utility and growing acceptance of cryptocurrency payments.
Ethereum Dencun Update Arrives in Two Days
Ethereum’s upcoming Dencun upgrade, scheduled to launch on March 13, is generating great anticipation in the crypto community. This hard fork is expected to be one of the most significant since the Merge.
Ethereum’s Dencun upgrade promises to be a milestone in Layer 2 scaling solutions. It is anticipated to significantly reduce transaction fees on Layer 2 networks and improve the overall scalability of Ethereum. The Dencun hard fork incorporates a total of nine Ethereum Improvement Proposals (EIP). The name of the update is a combination of the Cancun update in the Ethereum execution layer and the Deneb update in the consensus layer.
While Cancun focuses on improving transaction handling and processing at the execution layer, Deneb aims to improve the consensus layer, which is crucial to how network participants reach agreement on the state of the blockchain. .
Elon Musk will release the source code of Grok, his AI model
Elon Musk has announced his decision to release the source code of his artificial intelligence (AI) model, Grok, as a lawsuit moves forward against ChatGPT’s rival developer OpenAI. According to Musk, this week the Grok model will be open source.
Although he did not provide specific details about his plans to make Grok open source, reactions to his announcement have been mostly positive. Users on the X platform praised Musk’s decision, highlighting his commitment to transparency and open access to technology.
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2024-03-12 00:57:55
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