Infura, from the Ethereum developer ConsenSys, is so dominant that it’s been cast as a potential single point of failure. Now it’s creating a “decentralized infrastructure network” to help …

It’s the first German full-service bank to be granted the custody license, according to a statement. Source: https://www.coindesk.com/policy/2023/11/15/germanys-commerzbank-wins-crypto-custody-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Kinto network, built with the Optimism’s OP Stack, features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions. Source: https://www.coindesk.com/business/2023/11/15/blockchain-startup-kinto-plans-first-kycd-ethereum-layer-2-blockchain-after-raising-5m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said. Source: https://www.coindesk.com/policy/2023/11/15/central-bank-digital-currencies-can-replace-cash-offer-resilience-imf-chief/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DYDX, the native token of the newly released eponymous chain and decentralized exchange, has risen by more than 20% in the past 24 hours, just 16 days before more …

The notional open interest in the global BTC options market stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion. Source: https://www.coindesk.com/markets/2023/11/15/bitcoins-options-market-has-overtaken-its-futures-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices. Source: https://www.coindesk.com/markets/2023/11/15/crypto-futures-funding-rates-normalize-after-bitcoin-drops-to-356k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Asset manager CoinShares along with crypto custody joint venture Komainu are aiming for TradFi standards in derivatives settlement with much reduced counterparty risk. Source: https://www.coindesk.com/business/2023/11/15/crypto-giant-okx-goes-live-with-off-exchange-derivatives-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market. Source: https://www.coindesk.com/markets/2023/11/15/crypto-market-sees-net-capital-inflow-for-first-time-in-17-months/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exchange’s valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report. Source: https://www.coindesk.com/business/2023/11/15/blockchaincom-closes-110m-raise-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines