“I think it demonstrates the weaknesses and the work that needs to be done around regulation, carefully and thoughtfully, and gives us a little bit of time,” he said – adding that it is central bankers who, as inflation risks began to materialize, may have inadvertently triggered the...
Unus sed leo (LEO), which is issued by iFinex, the parent company of crypto exchange Bitfinex, was up 7% on the day and is up 16% year to date. Matteo Bottacini, an analyst at Crypto Finance AG, said the year-to-date performance is “a result of great tokenomics.” Team Valhalla...
“Enabling a cheaper, faster, and open payment network with some of the biggest financial institutions in the world isn’t fast and easy, but it’s happening. Every company that’s in the business of moving money is interested in superior payments, and we’re in talks with many of them. It...
Cryptocurrency custody firm Anchorage Digital is set to become Aptos Labs’ preferred institutional custodian at their mainnet launch, the firm announced Tuesday. Anchorage, the first federally chartered crypto bank in the U.S., will support the layer 1 blockchain by allowing institutions to build on Aptos, including via non-fungible...
Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC). Team Valhalla
The partnership will allow Betterment's 730,000 customers to access customized crypto investment plans based on their risk profiles and interests, starting next month. The curated crypto portfolios will be constructed from digital assets listed on Gemini, with the exchange serving as the custodian for the cryptocurrencies. Team Valhalla
Umee is creating an institutional lending DAO, called UDX, to help facilitate the transition of bond markets into DeFi lending. The initiative will improve bond markets’ efficiency on Umee’s Cosmos, Ethereum, Avalanche, Near and Solana compatible trading platform. Team Valhalla
Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year. Team Valhalla
Uniswap price bounced back on Tuesday as investors moved back to blue-chip DeFi projects. UNI, the platform’s token, rose to a high of $6.61, which was the highest level since September 13. It has risen by more than 30% from the lowest level this week. Uniswap growth continues Uniswap...
“A wholesale CBDC could significantly contribute to improving cross-border and cross-currency payments,” Governor Villeroy de Galhau said in an appearance at the French central bank's digital currency conference. CBDCs at the wholesale level attract less attention than their headline-grabbing retail equivalent, he added. Team Valhalla