Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report
The report, commissioned by OKX, shows that a growing number of institutional investors are examining new digital asset products for their portfolio
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Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In
HSBC bank completed three proof of concepts in Hong Kong’s Ensemble sandbox.
Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Bitcoin’s price fell to $58,900 while other major cryptocurrencies fell more than 4% late Wednesday.
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
MakerDAO co-founder Rune Christensen said the feature won’t be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.
BlackRock Lists Ethereum ETF on Brazilian Stock Exchange
The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country.
Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
Bitcoin price on Aug. 27 (CoinDesk)
Blockchain Data Warehouse Space and Time Raises $20M Series A to Accelerate Development of AI Tools
The funding round, which takes SxT’s total backing to $50 million, was led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital.
Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders
The mics likely won’t be muted, the market believes.
First Mover Americas: Bitcoin Drops as Traders Take Profits
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
MakerDAO Is Now ‘Sky’ as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
The driving motivation behind the changes was “how to scale DeFi to gigantic size” and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.