BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund.
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‘Weak Hands Are Out’ — Trader Who Called $20K Bitcoin Top Calls Bottom
Bitcoin (BTC) investors who are waiting for a price dip to even $6,000 have “missed” their opportunity already, veteran trader Peter Brandt says.In a market discussion with Cointelegraph on Jan. 17, the 40-year market stalwart said that contrary to what some believe, BTC/USD has already hit its floor.Brandt: “The weak hands are out”“They all now…
Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?
On Sept.16 Avalanche (AVAX) price hit a new all-time high at $68.89 and over the last few months the project has risen to challenge the Ethereum (ETH) network’s dominance among smart contract platforms. According to the project's website, the layer-one protocol capable of surpassing 4,500 transactions per second (TPS) with a time to finality of…
Experts debate whether NFTs really need blockchain
At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics.By definition, NFTs are unique pieces of digital content brought and moved online using blockchain tech,…
Just did it: Nike enters the metaverse game following RTFKT acquisition
The new RTFKT acquisition confirms Nike’s interest in being a prominent contributor to the virtual world of the metaverse. 731 Total views 3 Total shares Sportswear manufacturer Nike announced the acquisition of virtual sneakers and collectibles brand RTFKT. Nike becomes the biggest U.S.-based athletic products manufacturer through this partnership to join the metaverse bandwagon. A Cointelegraph…
Austria Considers Establishment of Fintech Regulatory Sandbox
The Ministry of Finance in Austria is considering establishing a regulatory sandbox for the fintech industry, Cointelegraph auf Deutsch reports on April 26.The country’s Finance Minister Hartwig Loeger said that the FinTech Advisory Council — which was formed by the Ministry of Finance last year — will aid in the development of relevant rules to…
Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’
Goldman Sachs Chief Financial Officer (CFO) Martin Chavez said that recent reports about the company abandoning its plans to open a cryptocurrency trading desk are “fake news,” CNBC reported September 6.At the TechCrunch Disrupt Conference in San Francisco, Chavez reportedly said that reports about the company’s intentions for a crypto trading desk were unfounded:"I never…
5 Risk Management Rules Every Bitcoin & Crypto Investor Should Follow
The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In the midst of the crisis, pundits and talking heads on television are switching tunes like a DJ quickly rotating through songs. One day…
DeFi exchange dYdX raises $65M in Series C fundraiser
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions. 1670 Total views 5 Total shares Venture firms from across the blockchain industry have thrown their weight behind decentralized exchange developer dYdX, offering further evidence that investors are…