Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX

Old habits do indeed die hard, it seems. I used to work as an equity analyst, conducting research and initiating coverage of different companies within the small-cap, oil-and-gas industry.The process was relatively straightforward:select a firm to coverresearch the firmbuild a financial model and investment thesispublish a report for the publicThe fifth step may or may…

May 12, 2020 at 23:52 UTCPhoto by Stephen Wheeler on UnsplashBlockchain Bites: Will Crypto See Any of the CBDC Action?Top ShelfThe world is growing more comfortable with the idea of digital assets, with several nations stepping forward today to discuss the designs of central bank digital currency (CBDC) programs. Speaking at Consensus: Distributed's Future of Fiat…

A U.K. initiative to digitize trade documents could make use of technologies that underlie crypto, the government has said.The Electronic Trade Documents Act 2023, which officially became law on July 20, stands to reverse centuries-old merchant laws to allow trade documents to be stored and distributed digitally. The laws are set to take effect this…

Singapore's central bank is proposing ways to design open, interoperable networks for tokenized digital assets.The Monetary Authority of Singapore (MAS) presented the framework in a Monday report, which was produced in collaboration with the Bank for International Settlements’ (BIS) and other financial institutions.The initiative, Project Guardian, has enlisted 11 institutions to test asset tokenization across…

Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region. It's the second piece of good news for Ripple in the past eight hours.“Singapore has developed into one of the leading

Franklin Templeton, a $1.5 trillion asset manager, has made its OnChain U.S. Government Money Market Fund (FOBXX) available on Ethereum via layer-2 blockchain Arbitrum, the company said Thursday. This is the third blockchain where the fund's shares can be traded. Previously, the fund was tokenized on Stellar and Polygon, another layer-2 network of Ethereum. "The

feature Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now two blockchain startups, Summa and Keep, are launching the Cross-Chain Working Group to bridge that divide with a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40 participants, including curious…

Dec 6, 2019 at 23:50 UTCUpdated Dec 7, 2019 at 00:20 UTCPavel Durov, image via TechCrunch/Wikimedia Commons under Creative Commons 2.0 licenseSEC Reveals Telegram’s Communications With Investors, Seeks to Question AdvisorThe U.S. Securities and Exchange Commission (SEC) wants Telegram’s former chief investment advisor to testify and hand over documents related to the company's $1.7 billion…

Nasdaq (NDAQ) is dropping its plans for a crypto custody service, which was slated to go live in the second quarter of this year, CEO Adena Friedman said in an earnings call on Wednesday.In March, the operator of the Nasdaq stock exchange had said that it was putting together the infrastructure and regulatory approval needed…