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Crypto for Advisors: Tokenization of Real World Assets
12.9.2024
Real World Assets could help stabilize crypto volatility impacts on performance while streamlining portfolio management
Microsoft Promises No games Cancelled Amid 650 More Xbox Jobs Cut
12.9.2024
Microsoft is laying off another 650 employees from its Xbox gaming division, the company announced in an overnight companywide memo. Microsoft Gaming CEO Phil Spencer stressed that no new games were being cancelled or studio closed as a result of the latest round of cuts. Read more
Coinbase’s Wrapped Bitcoin cbBTC Goes Live
12.9.2024
The token will initially be offered on Ethereum and Coinbase’s Base networks, with plans to expand to more blockchains in the coming months
Uniswap CEO denies bribe allegations for protocol deployment
12.9.2024
The reaction comes after users took to X to complain about Uniswap asking for as much as $20 million for protocol deployment.
Open Oracle Network DIA Launches Lumina to Bolster Web3 Data Infrastructure
12.9.2024
DIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement...
The Middleman’s Shadow in the Tokenization Complex
11.9.2024
In the world of crypto, digital assets, and the dream of decentralization, the middleman is a figure of scorn. We speak of peer-to-peer networks with no need for gatekeepers. Yet, whether we like it or not, intermediaries haunt every corner of this landscape, says Fadi Aboualfa, head of research...
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
11.9.2024
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz...
Binance.US Chooses Fireblocks to Bolster Crypto Custody, Staking Services
11.9.2024
The exchange will use Fireblocks to power hot and cold custody, customer deposits and withdrawals, and further expand staking services
Ripple Renews NYU Abu Dhabi Partnership for Blockchain Research
11.9.2024
Ripple has renewed its partnership with NYU Abu Dhabi to support blockchain research and innovation. This partnership aims to foster talent development, advance digital asset adoption, and integrate blockchain technology into startups and established institutions in the UAE. Ripple has funded...
Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban
11.9.2024
Huma's payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement
US lawmakers divided in first Congressional hearing on DeFi
11.9.2024
Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
11.9.2024
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first...
North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto
11.9.2024
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve...
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
11.9.2024
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies...
Ramp Network Expands Crypto Services to All 50 US States
10.9.2024
Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell...
Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert
10.9.2024
The recent plunge in the price of bitcoin was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it's more likely a sign of healthy growth
Spot Bitcoin ETFs Snap Outflow Trend With $28.72M Inflows; Ether ETFs Falter
10.9.2024
According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outflows of $5.2 million during the trading session....
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
10.9.2024
A solo bitcoin {{BTC}} miner beat a swathe of powerful mining pools to receive a $181,000 reward after mining block 860749 on Tuesday
Tron, Tether and TRM Labs Start Financial Crime Fighting Force
10.9.2024
The T3 Financial Crime Unit (T3 FCU) is looking to clean up USDT issued on Tron, a blockchain favored by bad actors