Category Archive: Cryptocurrency, No picture
World’s second-largest development bank AIIB raises $300M in first blockchain-based digital bond issuance
Key Takeaways AIIB’s debut digital bond, backed by blockchain, matures in 2027. Citi and BMO act as dealers and facilitators for AIIB’s $300 million bond issuance. Share this article Beijing-based Asian Infrastructure Investment Bank (AIIB) has raised $300 million in its inaugural bond issuance using blockchain-based tech from Euroclear, the same blockchain platform used by […]
SunPump tops Pump.fun in 24-hour memecoin revenue
Key Takeaways SunPump generated $567,000 in revenue from 7,531 memecoins on a single day. SunPump’s daily earnings surpassed PumpFun’s by a significant margin. Share this article SunPump, a Tron-based memecoin generator, recently surpassed Pump.fun in daily revenue, marking a significant milestone in the memecoin market. On Wednesday, SunPump generated approximately 3.65 million TRX, equivalent to […]
Grayscale rolls out Avalanche trust product
Key Takeaways Grayscale’s Avalanche Trust offers exposure to the AVAX token, enhancing its crypto product range. The AVAX token is crucial for transaction fees and blockchain security on Avalanche. Share this article Leading asset manager Grayscale Investments announced today it is launching the Grayscale Avalanche Trust, a new investment product aimed at providing investors with […]
Tanssi expands appchain deployment services to Ethereum via Symbiosis
Key Takeaways Tanssi enables rapid deployment of decentralized networks on Ethereum in minutes. The partnership with Symbiotic allows access to billions in shared security from staked ETH. Share this article Tanssi Foundation has expanded its blockchain infrastructure protocol to Ethereum, enabling rapid deployment of decentralized networks known as Actively Validated Services (AVS) in minutes. According […]
Kamala Harris’ support for crypto growth gets validation from Coinbase’s policy chief
Key Takeaways Coinbase CPO confirms Harris team’s constructive approach to crypto innovation. Harris campaign ramps up crypto support with “Crypto for Harris” events and positive statements. Share this article A potential friendly stance on crypto by US presidential candidate Kamala Harris was confirmed by Coinbase’s Chief Policy Officer (CPO) Faryar Shirzad. In an X post […]
Binance goes on a hiring spree, set to employ 1,000 more for compliance roles
Key Takeaways Binance is increasing its compliance workforce to 700 by the end of 2024. The company’s spending on compliance has risen to over $200 million annually. Share this article Binance plans to hire 1,000 employees this year, with a focus on compliance roles, as the crypto exchange’s annual regulatory compliance spending exceeds $200 million.The […]
Kamala Harris eyes support for crypto industry growth with consumer safeguards: report
Key Takeaways Kamala Harris supports more favorable crypto policies, according to her campaign. The crypto industry seeks stable regulatory rules, notes Brian Nelson. Share this article Vice President Kamala Harris plans that would help and support policies fostering growth in the crypto and digital asset industry while maintaining consumer protections, a report from Bloomberg indicates, […]
Crypto is now integral to investors’ wealth strategy, says EY executive
Key Takeaways Over 70% of crypto investors view digital assets as key to wealth building. 64% of retail investors are in digital assets, with 69% planning to increase holdings. Share this article Over 70% of crypto investors consider this asset class as a key component of their wealth-building strategy, according to an EY-Parthenon survey. Prashant […]
Animoca Brands-backed Soulbound raises $4 million for Web3 social gaming
Share this article British Virgin Islands – August 19, 2024 – Soulbound, a web3 social gaming ecosystem, has raised $4 million to power its mission to empower the new creator economy. By creating a new avant-garde platform, Soulbound seamlessly marries GameFi and SocialFi into a next-generation digital experience.Soulbound’s latest round concluded in Q2 2024, with […]
Bitpanda and Coinmotion join forces to bring over 400 digital assets to Nordic users
Key Takeaways Bitpanda Technology Solutions expands Coinmotion’s crypto offerings to over 400 coins. The partnership aims to enhance user experience and safety in crypto trading. Share this article Bitpanda Technology Solutions has teamed up with Coinmotion, a Finland-based top crypto broker, to offer over 400 digital assets to Nordic users, Bitpanda shared in a Wednesday […]
