Amid tokenization race, Tradable brings $1.7B private credit onchain

Magic Eden accounts for over 90% of NFT trading volume on Solana. 178 Total views 2 Total shares On Tuesday, Magic Eden, a popular nonfungible tokens (NFTs) platform on the Solana (SOL) blockchain with 112,927 SOL ($4 million) in 24-hour trading volume, announced that it had closed a Series B round for $130 million. The…

Gone are the days when decentralized finance (DeFi) was a niche for crypto frontrunners, while centralized finance (CeFi) was the absolute owner of users’ trust. Following the collapse of major centralized organizations within the industry, such as FTX, Prime Trust, and Celsius, among others, the user base — from traders to asset managers — realized…

The exponential growth of the decentralized finance sector increased activity on the Ethereum blockchain, and this has resulted in slow transaction times and incredibly high fees. In the last month, Ether (ETH) price has also rallied more than 100%, and gas fees are on the rise again as demand for ETH and a resurgence in the…

Ditto Music will launch Bluebox, a blockchain recording technology that could be a boon to musicians and distributors alike. What it’s all aboutThe problem, says Ditto Music CEO Lee Parsons, is that misplaced metadata can end up eating away at the bottom line. Recently Ditto made a royalty payment of 60,000 pounds sterling ($80,000) to the wrong…

Liechtenstein-based Bank Frick has issued an active Bitcoin (BTC) and Ethereum (ETH)-based tracker along with digital finance firm Bitcoin Suisse, the firm announced on April 9.Starting today, Bank Frick will offer institutional and qualified investors access to its BTC-ETH tracker, the certificates of which will take the form of both a classic security and a…

The company continues to buy Bitcoin amid the recent economic downturn that has negatively impacted markets and left investors uncertain. Strategy co-founder Michael Saylor has signaled that the company plans to acquire more Bitcoin (BTC) following a nearly two-week pause in purchases. The company's most recent acquisition of 22,048 Bitcoin on March 31 brought its

Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media.Malta is renowned for its crypto-friendly politics, whose efforts in the field have earned it the moniker of “blockchain island.” However, its…

Founder of the capital management firm Morgan Creek Antony Pompliano said on CNBC’s Squawk Box that over half of his net worth is in Bitcoin (BTC). In a video published on Twitter on Aug. 6, channel’s another guest, Canadian businessman and TV personality Kevin O'Leary, called this “a shame”:“That’s crazy. I forbid that, that’s insane,…

The past few years have been challenging for PR professionals. First came the pandemic, later followed by an excruciatingly bad year for crypto and the stock market. All these factors have influenced how tech companies will handle public relations in 2023. PR “as usual” will move away from the norms we’ve grown used to, especially…