Cantor Fitzgerald CEO to co-lead Trump transition team
The financial services company has managed the Treasury portfolio for stablecoin issuer Tether since 2021.
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Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital. Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services…
Bored Ape creators and other NFT projects investigated by SEC probe
A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.” 169 Total views 8 Total shares
Echoing GameStop saga, retail traders fuel Robinhood stock price hike
After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day. After making unwanted headlines with its disappointing IPO debut on Nasdaq last week, shares in stock and cryptocurrency trading app Robinhood have seen wild volatility in…
Chinese central bank exec says digital yuan will offer ‘controllable anonymity’
China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume. 353 Total views 3 Total shares Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called…
OKX seeks Australian expansion citing ‘huge appetite’ for crypto
The exchange's chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest. 86 Total views 3 Total shares Own this piece of history Collect this article as an NFTSeychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to…
Sotheby’s auctions off Dmitri Cerniak’s ‘The Goose’ NFT from 3AC collection for $6.2M
Su Zhu and Kyle Davies originally purchased 'The Goose' digital artwork in August 2021 for roughly $5.8 million in Ether. 8 Total views 1 Total shares Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million.According to auction…
Aussie execs refute ‘argument’ to treat crypto as financial products
Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the matter.Assistant Treasurer and Minister for Financial Services Stephen Jones gave an overview of the state of crypto regulation in the country in an interview with the Sydney Morning Herald…
Bitcoin part of highest risk category in Basel’s new bank capital plan
The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin. 3802 Total views 4 Total shares The Basel Committee on Banking Supervision (BCBS), a global committee of banking supervisors and central banks, has proposed new requirements for banks that want to hold cryptocurrencies like Bitcoin (BTC).In a…