Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain
The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.
Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally
Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.
From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires
Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mortgages in the early 2000s, has recently offloaded several substantial bearish positions following unsuccessful outcomes. As the founder of Scion Asset…
Documentary Shows How Bitcoin Helped Verify Guatemala's Elections
A new documentary is showcasing how Bitcoin, beyond its role as a digital money, played a crucial role in verifying Guatemala's most recent presidential elections.The documentary, entitled "Immutable Democracy," delves into the innovative use of…
Lido DAO (LDO) New All-Time High? One Analyst’s Perfect Setup To $37
Lido DAO has grown over the years to become the leading liquid staking protocol on the Ethereum network and its native LDO token has enjoyed tremendous success on the back of this. The protocol’s continuous growth has been purported to be what will…
Ethereum Platform Infura's Step Toward Decentralization Includes Microsoft, Tencent
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 protect against outages – enlisting a "federated" group of…
Web3 advocate and author Alex Tapscott on the future of blockchain mass adoption
Alex Tapscott says Web3 offers “a set of tools” that can be used to “build new business models, to create new kinds of organizations [and] to transform existing industries.”
Bitcoin Price Up 400% Since CashApp First Began Letting Users Buy
It's now been six years that one of the largest financial players in payments has been supporting Bitcoin.Indeed, November 14, 2017, marks the date that Jack Dorsey's Square, now rebranded as Block, began letting customers buy and sell Bitcoin. The…
First Mover Americas: Singapore Central Bank Tests Tokenization Alongside JPMorgan, BNY Mellon
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Red Hot Ethereum: Breach Of $2,000 Draws Major Players Into the Fray
The price of Ethereum (ETH) exhibited superior performance compared to Bitcoin (BTC) in the previous week, mostly because of the registration of Blackrock’s Spot ETF, which instilled optimism that ETH will surpass its previous peak in 2023…
National Hockey League Comes Around to Digital Collectibles, Using Sweet Platform
NHL Breakaway launches with Sweet, a platform for brands to create NFT collectibles under the Ethereum ERC-721 standard on Polygon and the Ethereum mainnet, as well as the Tezos NFT standard.
Solana’s SOL Jumps 20% as Investors Turn Bullish, Fears of FTX Sales Wane
The tokens crossed $63, reaching a level previously seen in May 2022. Trading volumes spiked to over $3.5 billion, up more than 70% from average levels of $2 billion each day at the start of November.
Bitcoin Technical Analysis: BTC Enters a Steady Range-Bound Consolidation Phase
As bitcoin hovers around $36,209, the cryptocurrency market braces for potential shifts. The day prior, BTC slid to a low of $35,109 per coin but has since managed to rebound back above the $36K range. Bitcoin’s market volatility intensified…
XRP Will Not Become A Stablecoin For Banks After AMM Launch: Expert
In the wake of Ripple’s announcement regarding the integration of an Automated Market Maker (AMM) into the XRP Ledger (XRPL), the community has been abuzz with speculation and debate. Central to this discourse is the potential transformation…
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.
Poloniex crypto exchange resumes withdrawals after $100M hack
Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10.
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