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Crypto Billionaire Arthur Hayes and Dragonfly Lead $6 Million Funding Round for Ethena's Stablecoin and Bond Token Platform
18.7.2023
Crypto startup Ethena has successfully raised $6 million in a seed funding round led by crypto venture capital firm Dragonfly and billionaire Arthur Hayes.
The Portugal-based company intends to use the funds to launch its stablecoin and bond asset, scheduled for the third quarter of this...
Bankman-Fried Requests Court’s Approval for a Mystery List of Visitors to Drop by Without Security
15.7.2023
In a legal document lodged on July 13, 2023, Sam Bankman-Fried, the former chief executive officer and founder of FTX, expressed his desire for his “close friends” to drop by his parents’ residence “without the need for a security guard to be present.” The plea from Bankman-Fried...
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...
FTX Executive Investigated for Potential Campaign Finance Violations in Congressional Bid
12.7.2023
Former FTX executive Ryan Salame and his girlfriend Michelle Bond, a former congressional candidate, are under investigation for potential violations of campaign-finance law.
Federal prosecutors in Manhattan are probing whether the couple unlawfully evaded federal limits on campaign contributions...
World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
9.7.2023
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central banks are “nearing the end of their...
BOND Token Slumps 10% as BarnBridge Faces SEC Investigation
7.7.2023
“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk
BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe
7.7.2023
Some DAO members joked about the situation while others believed there may be an ulterior motive at play
Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say
3.7.2023
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said
Compound Founder Forms 'Superstate' to Create Bond Fund With Ethereum for Record-Keeping
28.6.2023
Robert Leshner, CEO of the decentralized lender Compound, has registered a plan with the U.S. Securities and Exchange Commission to sell short-term government bonds that would use the Ethereum blockchain as a secondary record-keeper
Sony Won’t Share PS6 Info With Call Of Duty Devs If Owned By Microsoft
22.6.2023
If the sale of Activision Blizzard to Microsoft for $69 billion goes through, it could have big consequences for the future of Call of Duty on PlayStation. At least that’s what Sony Interactive Entertainment CEO Jim Ryan keeps saying. In a new deposition for the current lawsuit by the Federal Trade...
Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US
21.6.2023
This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a 27-year deal, outlining China’s commitment to procure liquefied natural gas (LNG) from Qatar on an annual basis. Under...
European Investment Bank taps blockchain for Climate Awareness Bond
20.6.2023
The Swedish krona-based Climate Awareness Bond will be issued on a blockchain that incentivizes node operators to improve environmental footprint of infrastructure
10 Highlights From Classic Mega Man’s Newly Released Design Doc
14.6.2023
At the recent Summer Game Fest Capcom announced the launch of Capcom Town, its new…website…online community…thing? That will act as a hub of sorts for, er, Capcom stuff of some sort. (Capcom just turned 40, so maybe it’s a midlife crisis sort of thing.)Read more
This Cel-Shaded Action-RPG Could Become An Xbox Crown Jewel
13.6.2023
Dungeons of Hinterberg is an upcoming action-adventure RPG featuring cel-shaded visuals and dungeon-crawling gameplay, made by a team of just 10 people at developer Microbird Studios. A gorgeous trailer featuring Moebius-inspired visuals and a dreamy Alpine town debuted at the 2023 Xbox Games...
MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase
1.6.2023
The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds
Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform
1.6.2023
The debt sale was the first of its kind for the French sustainable agriculture business
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
31.5.2023
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Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead
24.5.2023
Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, according to data provided by EPFR Global, a fund flow and allocation data insights company. These markets have outperformed dollar-denominated debt due to...
Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield
19.5.2023
The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital
BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds
22.4.2023
The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year...