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S&P Unveils New Index with 50 Crypto Options; NYSE Owner Nears $2 Billion Polymarket Deal
ByRicardoIn a brand new transfer to cater to the growing investor urge for food for crypto belongings spurred by the brand new regulatory daybreak, the S&P Dow Jones Indices has unveiled the S&P Digital Markets 50 index. Announced on Tuesday, this new index goals to offer traders diversified publicity to the cryptocurrency panorama and associated…
Circle’s new Gateway promises instant cross-chain USDC transfers that feel like one chain
ByRicardoCircle has launched a unified cross-chain infrastructure that permits companies to entry USDC balances throughout a number of blockchains. An Aug. 19 announcement labeled the brand new product as Gateway, a system that addresses liquidity fragmentation points that pressure firms to pre-position funds throughout chains and handle complicated rebalancing operations. Gateway combines good contract infrastructure…
Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin
ByRicardoWorld Liberty Financial (WLFI), the DeFi initiative tied to President Donald Trump, has made substantial investments of over $11 million into Ethereum and a new stablecoin project this week. These moves reflect WLFI’s growing ambition to build out core blockchain infrastructure and deepen its presence across the digital asset ecosystem. Falcon Finance On July 30,…
State Street issues $100M digital debt securities on JPMorgan’s proprietary blockchain
ByRicardoState Street launched its first digital debt securities using JPMorgan’s Digital Debt Service, executing a $100 million commercial paper transaction. According to an Aug. 21 statement, State Street Investment Management purchased the commercial paper for its Short Term Investment Fund. The debt securities are issued, settled, and serviced using blockchain technology, delivering streamlined institutional market…
Convicted FTX Founder Sam Bankman-Fried Breaks Silence On ‘10 Myths’
ByRicardoSam Bankman-Fried has as soon as once more taken to social media from jail, laying out what he describes as “10 myths” surrounding the collapse of crypto change FTX and his subsequent conviction. The former chief govt used the statement to problem prosecutors, the chapter course of, media protection, and even the conduct of his…
At over $3,600 an ounce, everyone’s buying gold
ByRicardoEveryone’s buying gold. The boomer rock blasted previous $3,600 this week to mark a contemporary all-time high and draw buyers far and vast into its glittery orbit. So why is the gold value surging? It’s the results of an ideal storm: a cooling labor market in the U.S., expectations of fee cuts, relentless geopolitical jitters,…
