Ripple, Archax debut first tokenized money market fund on XRP Ledger

Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector.In a comment on X (formerly Twitter) on Tuesday, Nov. 28, the former Binance CEO revealed an interest in the rapidly developing sector.Been reading about biotech, thinking about how

Tiger Global and B Capital are the primary investors in the latest round. They join Coinbase Ventures, Accel, FMR LLC and others in backing FalconX. 948 Total views 8 Total shares FalconX, a cryptocurrency exchange focused on institutional investors, has raised $50 million from Tiger Global and B Capital Group — highlighting once again that…

Google claims the new tools are far more efficient than traditional rules-based approaches at detecting money laundering at scale. 98 Total views 2 Total shares Google Cloud recently announced the launch of its “Anti Money Laundering AI” (AMLAI) service after a successful trial with London-based financial services group HSBC.AMLAI uses machine learning to create risk…

The Volcano Bond was approved by the country's Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024. El Salvador's long-anticipated Bitcoin bonds, also known as "Volcano Bonds" have received the regulatory nod, and are expected to launch early 2024.The Volcano Bond was approved by El Salvador's Digital Assets Commission and is anticipated

The iconic U.S. holiday event has previously introduced themed nonfungible tokens and held a virtual parade in the metaverse. 94 Total views 1 Total shares The Macy's Thanksgiving Day Parade, one of the most iconic events surrounding the United States holiday in November, will feature characters from the crypto and blockchain space for one of

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. 4140 Total views 21 Total shares Amid the ongoing concerns over Bitcoin's (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin…

Germany’s financial regulator wants to see an international effort to regulate Initial Coin Offerings (ICO), despite remaining uncertain whether they would ever become more than a “niche issue,” German business outlet Handelsblatt reported Sunday, Oct. 28.In an interview with the publication, Felix Hufeld, chairman of Federal Financial Supervisory Authority (BaFin), said German regulatory sources remained…

Blockstream CEO Adam Back — inventor of the hashcash proof-of-work (PoW) system later used in bitcoin’s (BTC) mining algorithm —  says that “bitcoin time” seems to be running faster than the so-dubbed “internet time” of the early dotcom era. Back made his remarks during a panel at the Bitcoin 2019 conference in San Francisco on June…