Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue
Layer-1 blockchain Canto has been offline since Saturday following a “consensus issue.” The CANTO token initially dropped by 21% before recovering over the course of the weekend.
Finance
Analysts set Palantir (PLTR) stock price for next 12 months
The share price of American software company Palantir Technologies (NYSE: PLTR) has recorded a remarkable week following the company’s stronger-than-expected … Continue reading
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Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
Ionic Digital’s CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim.
Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund.
JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In
Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
Crypto for Advisors: Bitcoin and Lending
Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power.
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin.
Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing
Algoz will use Zodia’s Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency.
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield.