MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
MicroStrategy Executive Director Michael Saylor (CoinDesk)
Finance
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
‘Buy Bitcoin’ Sign Sold for Over $1M at Auction
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report
The move may bring fresh energy and capital into the spot ETFs.
KPMG Survey Finds 39% of Canada’s Institutional Investors Had Exposure To Crypto Assets in 2023
Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
One of the issuers waived management fees for the first six months, undercutting rival offerings.
Why Asset Tokenization Is Inevitable
On-chain real-world assets and the integration of wallet infrastructure will replace intermediaries and become standard in the modern asset management lifecycle, says Mehdi Brahimi, head of institutional business at L1.
Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions
The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional.