Crypto.com Secures Multiyear Sponsorship Deal With UEFA Champions League
Crypto.com’s sponsorship of the Champions League will be unveiled officially at Wednesday’s UEFA Super Cup match between Real Madrid and Atalanta in Warsaw.
Finance
WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets
Indian cryptocurrency exchange WazirX, which suffered a $230 million exploit in July, is ending its relationship with custody provider Liminal.
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Tweets from the crypto exchange and Jesse Pollack, the creator of Base, suggest cbBTC could run on the layer-2 blockchain.
Crypto Project Essential Raises $11M for ‘Declarative, Intent-Based’ Blockchain
The investment was led by Archetype and included contributions from IOSG, Spartan, Amber Group and Big Brain Holdings.
Tokenized Asset Issuer Backed to Offer Crypto RWAs in LatAm with eNor Securities
ENor Securities, an exchange based in El Salvador, will offer Backed’s bTokens to retail investors in Latin America.
VCs Show ‘Flight to Quality’ in Q2 Funding Report
PitchBook reports $2.7B in venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023’s numbers.
German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.
Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.
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.
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
The post Analysts set Palantir (PLTR) stock price for next 12 months appeared first on Finbold.