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Sygnum Pioneers Treasury Tokenization with USD 50M Fidelity MMF Investment

Sygnum, a prominent digital asset banking group, has announced the tokenization of USD 50 million of Matter Labs’ treasury reserves. This strategic initiative has been facilitated through an investment in Fidelity International’s USD 6.9 billion Institutional Liquidity Fund (ILF), marking a significant advance in the integration of blockchain technology with conventional financial products. Matter Labs, … Continue reading Sygnum Pioneers Treasury Tokenization with USD 50M Fidelity MMF Investment

Dragonfly Crypto Compensation Report Unveils Industry Salary and Token Trends

In a survey, Dragonfly has released its 2023 Crypto Compensation Report, providing a much-needed analysis of compensation trends within the rapidly evolving cryptocurrency industry. The report, authored by Zackary Skelly and Chris Ahsing, offers a detailed examination of salary structures, equity packages, and token compensation across various roles and geographies, shedding light on the competitive … Continue reading Dragonfly Crypto Compensation Report Unveils Industry Salary and Token Trends

Honduran Withdrawal from ICSID Backed by Economists Amidst Crypto Firm Dispute

A group of 85 economists has openly supported the Honduran government’s decision to withdraw from the International Centre for Settlement of Investment Disputes (ICSID), an arbitration body of the World Bank. This backing comes against the backdrop of a contentious battle with Próspera Inc., a firm specialized in creating cryptocurrency-powered islands, which has lodged a … Continue reading Honduran Withdrawal from ICSID Backed by Economists Amidst Crypto Firm Dispute

Judge Dismisses Antitrust Suit Against Apple Over Apple Cash

In a significant legal victory for Apple Inc., a lawsuit filed by customers of payment services like Venmo and Cash App was dismissed by US District Judge Vince Chhabria. The claim accused Apple of engaging in monopolistic practices with its Apple Cash service, which plaintiffs argued stifled competition and hindered the introduction of innovative features, … Continue reading Judge Dismisses Antitrust Suit Against Apple Over Apple Cash

Paradigm Targets Record-Breaking $850M Raise for New Crypto Fund

Paradigm, a leading crypto investment firm, is reportedly in advanced discussions to raise as much as $850 million for a new fund. This development comes as a bold step and a strong signal of continued investor interest in the digital assets sector despite the volatile market conditions. The fundraising target, if reached, would represent the … Continue reading Paradigm Targets Record-Breaking $850M Raise for New Crypto Fund

Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

The cryptocurrency exchange Binance is confronting increased regulatory pressures in Nigeria as authorities have escalated their accusations against the global digital asset platform. In a recent turn of events, Binance has been accused of facilitating activities that allegedly contributed to the crash of the Nigerian currency, the naira, in February 2024. These developments come despite … Continue reading Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing

NYSE Arca, a self-regulatory organization, has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Bitwise Ethereum ETF. The proposed rule change was filed on March 28, 2024, and is now open for public comment. Under the proposed rule change, the Bitwise Ethereum ETF would … Continue reading NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing

Why The Next Bitcoin Halving Could Revolutionize the Market

At the time of writing, Bitcoin (BTC) has transcended all prior all-time high valuations with a steady price above $70,000. Here in the final week of March 2024, each day has brought about positive inflows to the BTC ecosystem,  thanks to an influx of financial capital into spot bitcoin ETFs. Major financial institutions like BlackRock and Franklin … Continue reading Why The Next Bitcoin Halving Could Revolutionize the Market

Wiki Finance Expo Hong Kong 2024 Is Coming in May!

Regulation, Forex, Crypto, Web 3.0, NFTs, Metaverse, ESG Will Be in Focus. Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential FinTech and Web3.0 events in Asia in 2024. Participation is free. Register here to get your ticket for free: https://www.wikiexpo.com/HongKong/2024/en/hkexpo.html 500+ Event Supporting … Continue reading Wiki Finance Expo Hong Kong 2024 Is Coming in May!

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