As the U.S. election looms, World Liberty Financial's whitelist goes live with a firm Donald Trump endorsement.
Rebecca DentonHowever, the new venture raises many concerns, given the founders’ dubious reputations and the failures of their previous projects.
Alexander MardarEllison gets two years in prison, Sam Bankman-Fried shares a cell block with Sean "Diddy" Combs, while other FTX execs await their final fates.
Rebecca DentonUSDC's Circle has been making bold moves at home and abroad to secure the SEC's approval of its IPO. The combination of the digital dollar and going public strategy means this major stablecoin issuer introduces a new paradigm to money technology - a public seigniorage.
Eva Senzaj PauramThe patented blockchain is open-source, now been rebranded as "Hiero". Hedera has also launched a new Asset Tokenization Studio, an open-source toolkit that allows tokenized bonds and equities to be configured, issued, and managed on its network.
ObserversAs the U.S. election looms, World Liberty Financial's whitelist goes live with a firm Donald Trump endorsement.
Rebecca DentonRipple obtains financial services license approval in Dubai. Binance Kazakhstan secures first full trading license. Robinhood launches crypto transfers for European customers. Gemini to close all customer accounts in Canada. Binance adds risk warning banners for tokens with major tokenomics changes. FTX customers approve restructuring plan with 94% in favor.
The project will distribute approximately 12% of its supply to early users.
What do a famous vampire, TikTok, blockchain, high-end on-chain UX, $DEGEN, Base, and a guy who tokenized himself in 2020 have in common?
An ECB research paper on CBDC adoption strategies and cross border CBDC projects in Asia. Another digital note from HSBC as a new report on the state of tokenization reveals surging trading volumes and a spike in experimentation.
Happy Sunday Observers! Hamster Kombat’s “largest crypto airdrop ever” turned out to be one of the worst airdrops in crypto history. Users were disappointed, as everything that could fail failed, and the rewards of months of tapping turned out much smaller than users anticipated. Things started going south when
TUSD has always raised concerns among DeFi insiders. Now that the SEC's investigation results have become public, its survival is on the line.
The Open Network (formerly Telegram Open Network) team informed validators that the network might face overloads due to the Hamster Kombat airdrop.
Swiss nonprofit BIO Association plans to launch BIO tokens for its biotech network. Ohio state senator introduces bill requiring Ohio to accept Bitcoin for taxes. Ocean launches decentralized mining protocol to combat Bitcoin centralization. FTX restructuring hearing set for October 7. Taiwan's FSC permits pro investors to invest
Barbados-based Abed Group launches its accounts payable solution ADAR on the SORA blockchain network.
Alex HarutunianTron’s Justin Sun and Cardano’s Charles Hoskinson use their projects’ communities to profit from meme-coin season in crypto. The head of Binance, Chanpeng Zhao, does not seem to mind the additional business either.
Alex HarutunianThe US payments network provider moved into the custody market this week, with the reported quarter billion dollar purchase of Switzerland’s Metaco, also increasing its overseas presence ahead of the ruling in its ongoing SEC dispute.
Jack MartinMakerDAO's founder, Rune Christensen, introduced the Endgame update to the community on May 11. The update's roadmap outlines five launch phases that involve the introduction of artificial intelligence (AI) tools to improve participation, resiliency, and efficiency.
Alex HarutunianA report preceding the final stage of the ECB's investigation into a digital euro shows no signs of redeeming the idea that the project is failing those whom it intends to serve.
Eva Senzaj PauramThe electronics giant and the South Korean central bank this week signed an agreement to further improve the security of offline CBDC payments, following initial development of the technology during a pilot study last year.
Jack MartinSolana has been intriguing us with news of its innovative smartphone for 10 months now. On May 8, this Android device, designed to optimise work with Web3 and ensure seamless integration with crypto platforms, became available for pre-order.
Alex HarutunianThe European Banking Authority believes that stablecoins can exist and innovate responsibly, alongside CBDCs and other payment devices, subject to the implementation of some sensible guardrails.
Jack Martin