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Finance
Fortress Trust Sale to Ripple is Canceled
"The Fortress team is incredibly talented, and has built products solving real customer problems. While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future,"…
Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF
"Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures contracts, making it the first US ETF to provide exposure to Ether and Bitcoin futures contracts under one wrapper," a spokesperson told…
JPMorgan, Citi Among Banking Giants Abuzz About Tokenization of Real-World Assets (RWA) as DeFi…
Edging towards the public Ethereum mainnet has always been a delicate business, given that banks have traditionally viewed public blockchains as more or less radioactive, both a reputational and compliance risk. JPMorgan’s head of Onyx…
The Importance of Authenticity for Trust in an AI-Driven World
As AI systems become more advanced at emulating human behaviors and media, they erode authenticity, a key pillar of trust and the bedrock of all successful financial advisor practices. When chatbots, deepfakes, and AI-written text…
Matrixport Believes Listed Crypto Miners Could be the Ultimate Bet for 2024
If bitcoin were to climb to a new all-time high of $70,000 an investor would realize a return of only 167%, the report said. Investors could see larger gains by buying a diversified portfolio of publicly listed bitcoin mining companies…
Crypto Exchange Kraken to Explore Stock Trading: Bloomberg
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A Few Reasons Why Ethereum’s Staking Rate Is Vital for the Future
This shift, which made it so validators are rewarded with both protocol emissions and priority transaction fees, also unlocked something perhaps less obvious but absolutely groundbreaking for Ethereum: the introduction of a native…
Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave
Curve founder Michael Egorov has deposited 68 million CRV tokens ($35 million) to settle his entire debt position on DeFi lending platform Aave, according to blockchain analytics firm Lookonchain.
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Binance Hails Turkey as a Crypto Hub
Speaking to Serdar Turan, the Editor-in-Chief of CoinDesk Türkiye, in the lead up to Binance Blockchain Week in early November, Conlan said: "I think we have an enormous potential and opportunity in Web3, and it's one of the reasons I've…
Ethereum Wallet Tied to Mexico’s Sinaloa Cartel Sanctioned by US Treasury
A U.S. Treasury press release states that Jimenez Castro "operates money laundering organization that uses virtual currency and wire transfers, among other methods, to transfer proceeds from illicit fentanyl sales in the United States to…