The Ethereum Foundation and a group of major crypto wallet developers are rolling out a new security standard designed to prevent users from accidentally giving up their funds, a problem that has fueled some of the industry’s biggest hacks and scams. The initiative, called “Clear Signing,” aims to replace the confusing walls of code users […]
Osero, a stable yield infrastructure project incubated by Stablewatch and Soter Labs, raised $13.5 million in a round led by Sky Ecosystem and co-led by Plasma. The round included angel investors representing USDT0, Maple, Accountable, Four Pillars, RedStone, The Rollup and Kairos Research, according to an announcement. Stablecoins have reached over $300 billion, according to
Osero raises $13.5 million in funding round led by Sky Ecosystem Read More »
Commodity Futures Trading Commission (CFTC) Chairman Mike Selig said his agency is in talks with all major U.S. professional sports leagues as federal regulators deepen oversight of sports-related prediction markets. The regulator is seeking broader cooperation with leagues to monitor insider trading and market manipulation related to event contracts, Selig said Tuesday at FINRA’s annual
Core consumer prices – which would have excluded what everyone already knew was rising energy costs – rose 0.4% in April, double March’s 0.2% pace and higher than the 0.3% economists expected. On an annual basis, the core CPI increased by 2.8% compared to 2.6% in March and 2.7% expected. The overall CPI – which
Bitcoin Holds $80,000 as Stocks Fall and Yields Rise on Bad Inflation Number Read More »
XRP exchange-traded funds (ETFs) saw their biggest inflows since January amid a series of developments at related company Ripple and favorable price action for the world’s fourth-largest token by market capitalization. The five U.S.-listed XRP spot exchange-traded funds reported a total of $25.8 million in net inflows on Monday, the largest single-day haul since Jan.
Ripple-linked ETFs attract biggest inflows since January Read More »
The deputy governor of the Central Bank of France called on Tuesday for “the mobilization of all European stakeholders concerned, public and private”, to develop the symbolic currency. Beau’s comments stand in stark contrast to European Central Bank (ECB) President Christine Lagarde’s recent speech, in which she said that “the case for promoting euro-denominated stablecoins
Casper Network Releases the Casper Manifest, a Multi-Year Roadmap to Powering Real-World Regulated Assets and the Machine Economy
U.S. inflation data came in hotter than expected on Wednesday, reinforcing expectations that the Federal Reserve will keep interest rates steady between 350 and 375 basis points not only at its June 17 meeting but also likely through the end of the year. The Consumer Price Index (CPI) increased by 3.8 year over year% in
Hot Inflation Data Casts Chill on Federal Reserve’s Rate Cut Hopes Read More »
The Depository Trust & Clearing Corporation (DTCC) will use Chainlink infrastructure for its blockchain-based collateral management platform, extending previous work between the companies into one of Wall Street’s primary risk management functions. The company said its AppChain Collateral will use Chainlink’s Execution Environment (CRE) and data standard to support collateral pricing, valuation, margining, optimization and
DTCC taps Chainlink for its tokenized collateral platform ahead of Q4 launch Read More »
Exodus Movement (EXOD) reduced its bitcoin holdings by 1,076 BTC in the first quarter, while adding 5,068 SOL, as it shifted more of its balance sheet into cash as the crypto wallet provider prepared to close its W3C payments deal. The company held 628 BTC at the end of March, up from 1,704 BTC on
Why the crypto wallet is being used to fund a payments empire Read More »
