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“Tokenization of everything” is no longer a theory

For a decade, the crypto industry has gathered at Consensus to discuss what comes next. This year something different is happening. The future has started to arrive. Real-world assets are created on-chain. Stablecoins are gradually becoming the connective tissue of global commerce. Prediction markets turn probability into a tradable asset class. Institutions that once rejected […]

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XXI up 8% thanks to merger plans with Strike and bitcoin miner Elektron Energy

Shares of Twenty One Capital (XXI), the bitcoin-focused company, rose more than 8% after hours Wednesday, after majority shareholder Tether Investments proposed a merger with Strike and Elektron Energy. Tether Investment, the independent investment arm of the stablecoin issuer, said it intends to vote its shares in favor of combining XXI with Strike, a global

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Tech giants double down on AI as earnings reveal growth gains and rising costs

Four of the Magnificent Seven (Mag 7) tech giants are still on track to meet their massive artificial intelligence (AI) spending targets this year, according to their earnings report. The companies reporting their quarterly after-market results on Wednesday include Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Amazon (AMZ), with a combined market capitalization of around

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Meta (META) Begins Stable Payment to Circle USDC Creators on Polygon, Solana via Stripe

Meta (META), the social media giant behind Facebook and Instagram, has started offering stablecoin payments to creators, signaling a return to crypto payments years after abandoning its Libra project. The feature is currently available to a limited group of creators in Colombia and the Philippines, according to a Meta website. Eligible users can link a

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Fed Chairman Jerome Powell says he will remain governor after his term despite legal pressure

Current Federal Reserve Chairman Jerome Powell will continue to serve on the central bank’s board as governor after his term ends in May. Speaking at a news conference following the central bank’s decision to keep interest rates steady between 3.5% and 3.75% on Wednesday, Powell expressed concerns about the legal action against the central bank,

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JPMorgan’s new blockchain chief warns that tokenization does not equal liquidity

Oliver Harris, a former Goldman Sachs crypto head who returned to the world of TradFi as JPMorgan’s new blockchain chief, once said he believed tokenization alone would not solve one of finance’s main challenges, warning that putting assets on the blockchain rails did not automatically make them easier to trade. “Tokenization is not the same

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A US senator, who speaks on the next Clarity Act decision, says he is ready to be heard

The latest wait model for the bill to fully insert the crypto sector into the US financial system centered on Senator Thom Tillis’ request for bankers to be given more time to negotiate the Digital Asset Market Clarity Act’s approach to the controversial topic of stablecoin rewards. Maybe it’s over. Tillis told reporters Wednesday that

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