CoinDesk 20 Performance Update: SUI up 25% over weekend
Cronos (CRO), up 9.7% from Friday, joined Sui (SUI) as a top performer.
CoinDesk 20 Performance Update: SUI up 25% over weekend Read More »
Wall Street giants unleash massive fee war that could crush crypto exchange margins
Immediately after Morgan Stanley announced it was rolling out E*Trade, which charges just 50 basis points, undercutting established rivals Coinbase, Robinhood and Schwab, Bloomberg analyst Eric Balchunas said “crypto exchanges should be scared.” Others were less blunt, saying the Wall Street giant “isn’t getting into crypto to complement Coinbase — it’s getting into replacing it…”
Wall Street giants unleash massive fee war that could crush crypto exchange margins Read More »
First-time home buyers are being sidelined as costs rise
Tired of renting in Raleigh, NC, last year Lillian Rouse and her fiance started the hunt to buy their first home together. But after months of searching, they decided to hold out until they were on more solid financial footing. Ms Rouse, a 28-year-old data analyst, and Mark Debney, 29, who works for a technology
First-time home buyers are being sidelined as costs rise Read More »
Anchorage is stepping down from Robinhood and Kraken-backed stablecoin group
Anchorage Digital, the first federally chartered crypto bank in the US, says it will take a backseat to the Global Dollar stablecoin (USDG) consortium, which includes Robinhood and Kraken. The USDG, which has a circulating supply of about $3 billion, is issued by Paxos Digital Singapore and overseen by the Monetary Authority of Singapore. Other
Anchorage is stepping down from Robinhood and Kraken-backed stablecoin group Read More »
Corpay taps BVNK to bring stablecoin wallets to business payments
Payments company Corpay (CPAY) is adding stablecoin wallets and settlement options to its global business customers along with BVNK to give businesses another way to move money across borders outside of traditional banking hours. Partnering with BVNK will allow Corpay customers to view stablecoin balances alongside fiat balances inside its platform, while allowing them to
Corpay taps BVNK to bring stablecoin wallets to business payments Read More »
Banking groups escalate battle over stablecoin dividend ahead of Senate vote
The American Bankers Association (ABA) is aggressively lobbying against parts of the Senate Digital Asset Market Clarity Act ahead of a planned banking committee markup on Thursday, warning lawmakers that stablecoin provisions in the updated bill could still undermine bank deposits and weaken financial stability. In a call to bank CEOs across the country, the
Banking groups escalate battle over stablecoin dividend ahead of Senate vote Read More »
Largest consensus overhaul in blockchain history is live for testing
Solana developer Anza said Monday that Alpenglow, the network’s largest proposed consensus overhaul to date, is live on a community test cluster, marking a major step toward a potential mainnet rollout. The update means that validator operators can now test software designed to move Solana from its current consensus system, which combines Proof-of-Stake with TowerBFT
Largest consensus overhaul in blockchain history is live for testing Read More »
Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform
Ripple’s prime-brokerage unit announced Monday that it closed a $200 million financing deal with global investment firm Neuberger Berman to expand the margin it gives investors to trade in traditional and digital asset markets. In its announcement, Ripple also said the funding will help support the ongoing growth of its multi-asset prime brokerage platform, Ripple
Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform Read More »
Strategy sells 231,324 shares for $43 million, buys 535 bitcoin
Strategy sells 231,324 shares for $43 million, buys 535 bitcoin
Strategy sells 231,324 shares for $43 million, buys 535 bitcoin Read More »
Bitmine Buys 26K Ether (ETH) After Tom Lee Says He Will Slow Accumulation
Bitmine Immersion Technologies (BMNR) has sharply lowered its ether (ETH) buying rate, Chairman Tom Lee signaled, after months of aggressive buying that made it the world’s largest Ethereum treasury company. The firm bought 26,659 ether last week, worth about $63 million based on ether’s current price. That’s about a quarter of the average weekly haul
Bitmine Buys 26K Ether (ETH) After Tom Lee Says He Will Slow Accumulation Read More »