Tokenized assets specialist Ondo Finance values a potential acquisition at between $250 million and $500 million, according to a person with knowledge of the matter. The New York-based company plans to pursue targets in the tech wealth sector, among other subsectors, said the person, who spoke on condition of anonymity because the matter is private. […]
Ondo Finance studies deal valued at $500 million Read More »
Australian authorities are suing Telegram for allegedly failing to remove terrorism-related content, including video of the March 2019 shooting at a mosque in Christchurch, New Zealand, in which 51 people were murdered, multiple media outlets reported Thursday. Julie Inman-Grant, Australia’s security commissioner, said the messaging app founded by Pavel Durov faced a fine of up
Pavel Durov’s Telegram messaging app faces new terrorism charges. Now in Australia. Read More »
A Russian court has transferred Igor Runets, the founder of the country’s largest cryptocurrency mining company BitRiver, to a pre-trial detention center to stand trial on fraud charges, Pravo.ru reported on Thursday. Runets is accused of “large-scale” fraud, according to the press service. Investigators say he caused damage exceeding 1 billion rubles ($12.5 million) by
Hyperscale Data Leverages Bitcoin Holdings to Fund Michigan AI Campus
Hyperscale Data Leverages Bitcoin Holdings to Fund Michigan AI Campus Read More »
The biggest crypto tokens remained virtually unchanged on Thursday as the semiconductor sell-off that has driven markets for two weeks showed its first real sign of easing. Ether was trading at around $1,905 and Bitcoin at $64,100, both stable on the day, with XRP at $1.07, solana at $74, BNB at $572 and TRON at
Ether and XRP stable as chip stocks stabilize thanks to 250x increase in Samsung profits Read More »
There are now two timelines at war. First, the Senate calendar is notoriously difficult to negotiate, with any controversial bill requiring floor days. Every hour that passes reduces the bill’s chances, as there are only seven days before the recess, when senators will leave Washington and focus largely on the midterm elections that await them.
The Federal Reserve left its benchmark rate range unchanged at 3.50% to 3.75% on Wednesday, extending its pause for a sixth straight meeting as policymakers continue to battle stubborn inflation. “Inflation remains high relative to the 2% target set by the Committee, partly reflecting supply shocks that have led to price increases in some sectors,
For years, Ethereum has been synonymous with decentralized finance. He pioneered on-chain financial tools such as lending protocols and tokenized assets, which underpin much of the crypto economy today. But one of crypto’s fastest-growing sectors, perpetual futures, or “perps,” has largely flourished elsewhere. Ask traders where onchain perpetuals live today, and the answer is more
As Crypto Perpetual Futures Explode, Ethereum’s Role Evolves Read More »
The crypto market was mixed ahead of the Federal Reserve’s interest rate decision on Wednesday. The CoinDesk 20 Index has added 0.41% since midnight UTC, with 10 members up and 10 down. Bitcoin BTC$64,585.09the largest cryptocurrency, added 0.75% to recoup some of Tuesday’s losses after a volatile 48 hours that saw it rise to $66,700
Bitcoin bounces to $64,300 but the real move awaits the Fed: Crypto Markets Today Read More »
The Cerebras Systems and SpaceX listings follow a months-long period in which on-chain RWA volume continued to multiply, and the mainstream financial press reported on how crypto derivatives platforms now allow traders to price commodities outside of market hours – weekends, holidays, and the 4:00 p.m. to 9:30 a.m. dead zone. Solana already has the
SpaceX is a battlefield Solana must win Read More »
