Franklin Templeton launches tokenized money fund on Base
Franklin Templeton says this is the first tokenized money fund to launch on Coinbase’s layer-2 network.
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BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst.
BTC price bounces at $25.8K lows amid warning over low whale interest
Bitcoin (BTC) sought to pass $27,000 on May 13 after a “scam wick” produced new two-month lows.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTraders: BTC price must retain $26,500Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from a flash dip to $25,800 on Bitstamp.The pair saw weakness after the start of the…
Alchemy raises $80M to power the NFT boom as the ‘AWS of blockchain’
Alchemy is the platform behind NFT marketplaces OpenSea, Nifty, and many major collections. 1454 Total views 13 Total shares Blockchain developer Alchemy has announced that it has raised $80 million in a Series B round to further develop platforms that power non-fungible token marketplaces.The funding round, announced on Wednesday, April 28, was led by technology-focused…
German law allowing institutional funds to hold crypto comes into effect Aug. 2
As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect. 158 Total views 1 Total shares Beginning on August 2, 2021, German institutional funds will be able to hold up to 20% of their assets in cryptocurrencies, possibly setting the stage for wider mainstream…
Game time? Microsoft adopts Ethereum blockchain for gaming royalties
Enterprise Ethereum is beginning to show its impact as some of the largest companies in the world start to leverage the Ethereum network to solve complex business challenges. For example, tech giant Microsoft and Big Four firm Ernst & Young announced the expansion of Microsoft’s blockchain-based solution to extend to gaming rights and royalties management.Paul…
Italian Red Cross Launches Bitcoin Fundraiser to Combat Coronavirus
The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country's coronavirus pandemic with the support of Helperbit, as announced on March 12.Goals of the new campaignProceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19…
Venture Capitalist Fred Wilson Revises His Bullish Opinion on Ether
Fred Wilson, a financier and co-founder of venture capital firm Union Square Ventures, has revised his bullish opinion on Ether (ETH).Back in 2017, Wilson had suggested the market capitalization of Ether will bypass the market capitalization of Bitcoin (BTC) and eventually be worth more per coin. However, in a Sept. 4 blog post, Wilson acknowledged ETH has fallen short…
Full decentralization will happen in a few years — Layer-2 rollup teams
Several layer-2 rollup teams, including those for Linea, zkSync, Arbitrum and Optimism, claimed that full decentralization is coming soon.