America’s biggest banks are preparing a direct response to one of crypto’s fastest-growing products: stablecoins. JPMorgan Chase, Bank of America, Citigroup and other major lenders said Friday that they plan to launch a common tokenized deposit network through The Clearing House in the first half of 2027. The project will allow bank deposits to move […]
The battle for digital dollars is moving on the chain Read More »
James Wo, founder and CEO of crypto investment firm DFG, says bitcoin remains the dominant institutional asset in crypto — and ether is unlikely to reach the same status anytime soon. Speaking to CoinDesk at the Proof of Talk conference in Paris, Wo rejected Bitmine Immersion Technologies chairman Tom Lee’s big prediction that ether would
Billion-dollar crypto investor doubles down on bitcoin, questions Ethereum’s upside Read More »
Chicago-based trading giant DRW has spent decades profiting from mismatches between different asset classes and is now building a dedicated prediction market desk targeting platforms such as Polymarket and Kalshi. The move is one of the clearest signs yet that sophisticated “quantitative traders” – traders who use complex math and analysis to set strategies –
A Bitcoin address that had held 35.55 bitcoin worth $2.54 million untouched since March 2011 moved its coins earlier this month, becoming one of the first publicly visible responses from a named defendant in a New York state lawsuit claiming legal ownership of 39,069 dormant bitcoin wallets. The wallet, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, sent 15 BTC to a
Satoshi-era BTC at center of $285 billion bitcoin lawsuit moves after 14 years Read More »
Following bitcoin’s worst week in two years, Strategy(MSTR) Executive Chairman Michael Saylor published a framework on X, arguing that the Bitcoin community is evolving into four distinct ideological camps. Rather than seeing these groups as competitors, he presents them as complementary forces that will collectively shape bitcoin’s future. The first group, the Bitcoin Maximalists, see
Michael Saylor Unveils Bitcoin’s Four Tribes As Market Tumbles Read More »
Some online chatter seems to speculate that retail investors may be selling crypto in pursuit of the biggest IPO ever. Elon Musk-owned rocket, satellite and artificial intelligence company SpaceX is selling up to 30% of its record $75 billion offering directly to retail investors through Robinhood, Fidelity and Charles Schwab, more than three times the
Are Retailers Selling Bitcoin to Buy Elon Musk’s SpaceX IPO? Read More »
Taylor Hornby, the security engineer who used Anthropic’s Opus 4.8 AI model to find a critical flaw in Zcash, says privacy coin Monero is among the tokens he plans to audit next. Asked on X if he could look for flaws in Monero and other private cryptocurrencies, Hornby replied: “Absolutely! I’ll add Monero to my
Researcher who found Zcash’s flaw with AI adds Monero to his audit queue Read More »
The discovery of the New World screwworm fly in the United States this week threatens to further disrupt an already strained cattle business at a time when many ranchers are also struggling with a severe drought. The U.S. herd is at its lowest level in 75 years, even as consumer demand for beef continues to
Screwworm flies add to cattle farmers’ misery Read More »
Nothing really prepares you for the day you sit across from your aging parents and try to piece together a financial picture that they’ve probably spent a lifetime trying to keep private. For many adult children, that conversation often comes too late, triggered by a diagnosis that changes everything. Mine came when we were told
5 tips to start managing your aging parent’s money Read More »
Opinions about crypto investments change in less than 24 hours these days. Arthur Hayes, co-founder of crypto exchange BitMEX and chief investment officer of family office Maelstrom, said on Friday that the firm had sold its entire stake in Worldcoin, the digital token linked to Sam Altman’s eye-scanning identity project, a day after he said
WLD Plunges 20% As Hayes Dumps Token One Day After Saying He Would Continue To Hold It Read More »
