PANews reported on October 30 that, according to Bloomberg, Nordea Bank Abp, one of the largest banks in the Nordic region, announced it is abandoning its previous reserved stance on cryptocurrencies and, for the first time, allowing customers to trade Bitcoin-linked exchange-traded products (ETPs) through its platform. In its statement, Nordea said that it had previously maintained a "cautious approach" due to the lack of regulation and investor protection in the crypto market, but now that the market has "matured," it has decided to open trading in the relevant products. However, the bank emphasized that it only provides trading access and will not offer investment advice on the products.PANews reported on October 30 that, according to Bloomberg, Nordea Bank Abp, one of the largest banks in the Nordic region, announced it is abandoning its previous reserved stance on cryptocurrencies and, for the first time, allowing customers to trade Bitcoin-linked exchange-traded products (ETPs) through its platform. In its statement, Nordea said that it had previously maintained a "cautious approach" due to the lack of regulation and investor protection in the crypto market, but now that the market has "matured," it has decided to open trading in the relevant products. However, the bank emphasized that it only provides trading access and will not offer investment advice on the products.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more