Author: American Coins & Gold

The Protocol: CZ's out, Altman's in, and Kraken's Sued
In this week’s edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain.

Why On-Chain Transaction Is the Key Blockchain Indicator
The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices.

Tokenization and Real-World Assets Take Center Stage
Blue-chip institutions including Goldman Sachs and J.P. Morgan are trialing digital asset offerings, seeking cost savings and efficiencies.

1 Way to Revive Dead NFT Wallets
Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits.

First Mover Americas: Binance, Binance, Binance
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Justin Sun Confirms HTX, Heco Chain Exploited After 0M in Suspicious Transfers
HTX withdrawals and deposits have been temporarily suspended, and all losses will be covered by the exchange, Sun said.

Crypto Banking Firm BCB Group CEO Quits 5 Months After His Deputy
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.

KPMG Canada Teams Up With Chainalysis to Fight Crypto Frauds and Exploits
The duo will help companies adhere to crypto regulations and advance anti-money laundering compliance programs.

Trading Crypto on Binance Becomes Challenging as Order Book Liquidity Tanks 25%
Order book liquidity refers to the capacity to trade quickly at quoted prices.

Digital Euro Isn't Pressing, but Work Should Continue: Spanish Central Bank Governor
Europe’s “highly efficient” payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.