NEAR Protocol (NEAR) joined Internet Computer (ICP) as one of the top performers, climbing 8.9% from Tuesday.
CoinDesk 20 Performance Update: Internet Computer (ICP) Increases 12.1% Read More »
Iran will collect crypto payments in the form of transit fees from oil tankers crossing the Strait of Hormuz during the two-week ceasefire with the United States, an industry official has told the FT. Hamid Hosseini, a spokesperson for the Iranian Oil, Gas and Petrochemical Exporters Union, said cryptocurrency-denominated tolls will be charged for fully
Iran considers crypto toll for oil tanker transit through Strait of Hormuz Read More »
Wall Street broker Bernstein said the rise of quantum computing poses a credible but manageable threat to Bitcoin and the broader crypto ecosystem as recent advances shorten the timelines for potential attacks on modern crypto. Advances such as Google Quantum AI’s reported reduction in qubit requirements suggest that risk is no longer a decade-long, distant
Quantum threat to Bitcoin is real, but manageable, says Wall Street broker Bernstein Read More »
A White House report released Wednesday directly challenges the banking industry’s claims that stable coin yields would drain deposits and weaken lending to households and small businesses. Instead, banning these stablecoin rewards would have only a negligible impact on credit creation, according to the analysis published by the Council of Economic Advisers (CEA). The White
White House Study Bolsters Crypto’s Position in Fighting Bankers for Stablecoin Yield Read More »
Pharos Network, a layer 1 blockchain focused on real-world tokenized assets, said it has raised $44 million in a Series A round led by a mix of traditional financial and crypto investors. Backers include the venture arm of Sumitomo Corporation, SNZ Holding, Chainlink and Flow Traders, as well as unnamed financial institutions that the company
Pharos Raises $44 Million in Series A to Fuel Tokenization of Real-World Assets Read More »
Morgan Stanley’s spot Bitcoin exchange-traded fund (ETF) began trading Wednesday with strong initial activity, seeing more than 1.6 million shares traded and about $34 million in inflows, the bank said. The fund, listed under the ticker MSBT, tracks the CoinDesk Bitcoin Benchmark settlement rate as of 4 p.m. in New York and charges an expense
Morgan Stanley’s Bitcoin ETF attracts $33.9 million on day one Read More »
Standard Chartered PLC reportedly seeks to fully acquire Zodia Custody Ltd. to merge it with one of its digital assets divisions, sources familiar with the matter told Bloomberg on Wednesday. The “restructuring” plan, which could come as soon as this month, envisages merging Zodia’s cryptocurrency custody business into one of the investment bank’s divisions that
Standard Chartered explores full takeover of crypto custodian Zodia: Bloomberg Read More »
Michael Saylor, executive chairman of Strategy (MSTR), believes that bitcoin likely bottomed in early February at $60,000. Speaking at a recent Mizuho event, Saylor reiterated his long-held view that dips are not necessarily related to valuations but are driven by seller exhaustion, analysts Dan Dolev and Alexander Jenkins wrote. Trend reversals, he added, are driven
Network News BERNSTEIN SAYS QUANTUM THREAT TO BITCOIN IS REAL BUT MANAGEABLE: Wall Street broker Bernstein said the rise of quantum computing poses a credible but manageable threat to Bitcoin and the broader crypto ecosystem, as recent advances shorten the timelines for potential attacks on modern crypto. Advances such as Google Quantum AI’s reported reduction
Bernstein says quantum threat to Bitcoin is real but manageable Read More »
Yuga Labs has settled its lawsuit against artists Ryder Ripps and Jeremy Cahen for their alleged copying of its Bored Ape Yacht Club Collection non-fungible tokens (NFTs). The deal ends a two-year dispute over whether the duo’s project, which reused footage from Bored Ape, crossed the line between satire and trademark infringement. The proposed court
Yuga Labs Settles Bored Ape NFT Lawsuit, Ending Fight Over Alleged Copy Tokens Read More »
