David Ellison, the chief executive of Paramount, promised to respect the editorial independence of “60 Minutes” in a call with Lesley Stahl, one of the show’s correspondents, she told The New York Times on Tuesday. The call to Ms. Stahl, which was carried out on Sunday, was one of the first signs that Mr. Ellison […]
Paramount CEO David Ellison pledges editorial independence for ’60 Minutes’ Read More »
Bitcoin continues to flash warning signs, according to Quinn Thompson, CIO at Lekker Capital, as his fund remains heavily bearish on crypto heading into summer. Thompson argues that the market faces a combination of structural challenges, including ongoing concerns about the digital asset treasury (DAT), unresolved questions about Strategy’s preferred stock STRC and lingering fears
Come back after the summer, says one crypto markets analyst Read More »
Continuing to deepen its ties to traditional finance, Athena announces a deal with asset manager Janus Henderson that includes a strategic investment in the protocol’s governance token. Under the agreement, Athena will allocate and help distribute Janus Henderson’s collateralized loan obligation (CLO) tokenized funds, Protocol said in a Tuesday X post. Meanwhile, Janus Henderson, with
Athena (ENA) lands Janus Henderson’s investment in token, USDe distribution Read More »
The Digital Asset Market Clarity Act, which cleared the Senate Banking Committee on May 14, will set the rules of the road for an industry that has grown faster than the laws meant to govern it. Almost everyone agrees that crypto regulation is overdue. But as the bill moves toward a Senate vote, it contains
5 corruption loopholes Congress must close in the Clarity Act Read More »
The UK financial regulator, the Financial Conduct Authority (FCA), proposed allowing certain retail investment funds to hold up to 10% of their assets in cryptocurrency exchange-traded notes (ETNs). The financial regulator made the proposal for UCITS (“undertakings for collective investment in transferable securities”) and some non-UCITS retail schemes (NURS) to invest in crypto-ETNs in its
UK’s FCA moves to allow mutual funds 10% exposure to crypto ETNs Read More »
Trad.Fi, which lends money to companies buying heavy equipment, said it is partnering with W3, a developer of AI agents for businesses, to deploy $650 million in private credit on the chain over the next 48 months. The program targets the heavily paper-based US equipment distribution sector, focusing on manufacturing systems, industrial electrical infrastructure and
Trad.Fi, W3 Aim for $650M in On-Chain Private Credit Using AI Evaluation Read More »
Blockchain-based lending protocol Morpho said it raised $175 million in a funding round led by Paradigm, a16z crypto and Ribbit Capital as investors bet credit markets will increasingly move on-chain. The round also included Apollo Funds, Circle Ventures, VanEck and Ledger Cathay, according to a post on the Morpho blog. Morpho operates an open credit
A16z, Paradigm led a $175 million investment to move global credit markets onchain Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1708.48, down 1.4% (-23.82) since 4 PM ET Monday. None of the 20 assets are trading higher. Leaders: ETH (-0.6%) and SUI (-0.6%). Lagging behind: UNI (-2.9%) and AAVE
AAVE falls 2.6% as all CoinDesk 20 constituents trade lower Read More »
Bitcoins BTC$63,271.85 The recent weakness is driven by softer capital flows rather than concerns over quantum computers or other risks, according to Wall Street brokerage Bernstein. Growing concerns that future quantum computers could eventually break the cryptography that underpins Bitcoin has become a recurring theme in the crypto markets, especially after recent research from Google
Bernstein sees AI trading, not quantum fear, behind bitcoin’s (BTC) weakness Read More »
The line between traditional finance (TradFi) and crypto is blurring, with tokenization consistently a dominant narrative of the digital asset industry for a number of years. Edwin Mata, CEO and founder of tokenization platform Brickken, predicts Wall Street will run entirely on blockchain technology by 2030. Mata told CoinDesk that tech industry buzzwords like “Web3”
Wall Street will run entirely on blockchain in 2030, says Bricken’s CEO Read More »
