WisdomTree Pushes Further Into Tokenization With New Platform
WisdomTree is making another push into real-world asset tokenization with the introduction of WisdomTree Connect for businesses and institutions.
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Dragonfly Capital Aims to Raise $500M Fund: Bloomberg
Dragonfly closed its third fund, worth $650 million, in April 2022, shortly before the onset of the crypto bear market.
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says
The Fed is likely to cut rates later Wednesday, starting the so-called liquidity easing cycle.
Animoca’s Timeline to Go Public Would Depend on The Market’s Status: Yat Siu
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the “market’s status, amongst other” aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday.
Decentralized AI Society Launched to Fight Tech Giants Who ‘Own the Regulators’
Web3 industry leaders have launched a non-profit organization called the Decentralized AI Society (DAIS), dedicated to tackling the probability of the monopolisation of the Artificial Intelligence (AI) industry, the chair of DAIS, Michael Casey told CoinDesk in an interview on the sidelines of Token 2049 on Tuesday.
DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody’s Says
The Wall Street ratings agency’s first-ever report about the sector underscores the increased attention towards DePIN apps.
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
Brian Armstrong, ETF Experts Shoot Down ‘Paper Bitcoin’ Rumors
Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday.
BlackRock’s Bitcoin ETF Monday Posted First Net Inflows in 14 Days
BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.
Tether-Issued Stablecoin USDT’s Market Share Grows to 75% as Market Cap Tops $118B
The largest stablecoin’s market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.