Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
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Bitcoin may behave more like US Treasury bonds: Bloomberg Intelligence
Bitcoin markets will behave more like that of Treasury bonds and gold during market recovery, said the analysts. 165 Total views 17 Total shares The latest crypto market research from Bloomberg Intelligence suggests that Bitcoin may start to behave more like United States (U.S.) Treasury bonds and gold, rather than stocks.In its August Crypto Outlook…

Microsoft Japan Partners With Startup to Increase Domestic Blockchain Uptake
The Japanese arm of computer giant Microsoft has partnered with nascent blockchain startup LayerX to “accelerate” uptake of the technology, Cointelegraph Japan reported Nov. 30.LayerX, which formed in August as a joint venture from news curation app Gunosy and advisory service AnyPay, oversees blockchain integration for enterprise, including areas such as smart contracts and general…

Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO
Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.” 573 Total views 1 Total shares While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that…
Big week for crypto — Here’s everything you need to know
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses all the important events scheduled for this week in the crypto space and how they could impact the market. 444 Total views 2 Total shares In the latest episode of The Market Report, analyst and writer Marcel Pechman explains that United States inflation…

Blockchain Gaming Startup Announces Global Licensing Agreement With Formula One
Blockchain startup Animoca Brands announced it had signed a global licensing agreement with Formula 1® to publish a blockchain game based on the world-renowned racing series. The news was revealed in a press release from Animoca published on March 26.Formula 1® — which reportedly draws ~1.6 billion television viewers across over 180 territories and engages…

European Bank Official Discusses Potential Benefits of Central Bank Digital Currency
A European Central Bank (ECB) official highlighted the benefits of central bank digital currencies (CBDC) while stressing caution in a speech published by the Bank of International Settlements on May 27.Vitas Vasiliauskas — Chairman of the Board of the Bank of Lithuania and a member of the Governing Council of the ECB — delivered his…

Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors
While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the depositors’ bailout. 451 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank —…

Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’
Tokemak plans to become the director for decentralized exchange liquidity. 677 Total views 9 Total shares Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as a “decentralized liquidity reactor” for DeFi.The company announced on Tuesday a $4 million investment round…