Bank of New York Mellon Corp. (BNY) is taking strategic steps to expand its role in the cryptocurrency market. As digital assets like Bitcoin and Ether continue to gain mainstream acceptance, BNY is pushing to offer custody services for crypto…
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CFTC Fines Uniswap for Leveraged Retail Crypto Trading Violations
In recent years, the decentralized finance (DeFi) space has faced growing scrutiny from regulatory bodies like the Commodity Futures Trading Commission (CFTC). One of the most notable recent cases involves Uniswap Labs, a leader in the decentralized exchange (DEX) space.…
Polymarket faces new competitor after $1B in election wagers
Blockchain technology has made a significant impact across various sectors, from finance to entertainment, and now it’s making waves in prediction markets. Polymarket, a well-known blockchain-powered platform, has gained attention for allowing users to wager on the outcomes of real-world…
Rhodium Secures Uncommon Bitcoin Loan in Bankruptcy Plan
The recent developments surrounding Rhodium Encore LLC have highlighted a unique intersection between traditional bankruptcy proceedings and the evolving world of cryptocurrency. With Rhodium’s Chapter 11 bankruptcy, the firm has navigated an innovative path by incorporating digital assets into its…
Hemi gets Binance Labs investment for blockchain scaling
Blockchain technology continues to evolve, with new networks and innovations pushing the boundaries of what is possible. One such groundbreaking development is Hemi, a modular blockchain network that integrates Bitcoin and Ethereum to create a superior ecosystem that addresses scaling,…
Is Harris Shifting Crypto Stance in Tight Race With Trump?
Kamala Harris has maintained silence on her stance regarding digital assets for much of her campaign, leaving the crypto industry speculating about her position. As the Democratic nominee for the 2024 presidential election, Harris is running against Republican candidate Donald…
Crypto and US Stocks Show Record Correlation Amid Fed Impact
In recent years, the financial markets have witnessed an increasing convergence between traditional assets such as US stocks and digital assets like cryptocurrencies. As these two market segments move more in sync, understanding the drivers behind this correlation has become…
Turf and SKALE partnership brings esports prediction markets
Esports has become a global phenomenon, capturing the attention of millions worldwide. With the number of fans and players growing rapidly, the industry faces increasing competition, and game developers are constantly seeking innovative ways to engage users. In this dynamic…
Crossmint and SKALE simplify blockchain for developers
Blockchain technology, has consistently faced a number of challenges that hinder its broad adoption. The intricacies of wallet management, transaction fees, and the overall user experience have traditionally made blockchain difficult to navigate for developers and users alike. However, Crossmint,…
Franklin Templeton and Citibank adopt Solana for financial services
Franklin Templeton, a global asset manager, has made significant strides in the world of decentralized finance (DeFi) by embracing blockchain technology. Recent announcements point to the company’s decision to launch a mutual fund natively on the Solana blockchain. Additionally, Citibank,…