The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21. The series of roundtables, organized by the SEC’s Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto…
Key Takeaways Celo has switched to Ethereum layer 2 after almost two years of work. The upgrade has reduced block times and integrated native bridging with Ethereum. Share this article Celo has successfully transitioned from a standalone layer 1 blockchain to an Ethereum layer 2 platform using Optimism’s OP Stack and EigenDA for data availability….
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance…
Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse. Infinite Reality said in a March 25 statement that Napster would offer “branded 3D virtual spaces” to allow virtual concerts and “social listening parties” along with the ability…
Real-world asset (RWA) tokenization platform DigitShares is bringing tokenized real estate trading to Polygon with the launch of RealEstate.Exchange, also known as REX. According to a March 25 announcement, REX is designed to offer retail investors a compliant venue for fractional property investments in a secondary market, potentially addressing the industry’s existing liquidity constraints. As…
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Paul Atkins, US President Donald Trump’s nominee to lead the Securities and Exchange Commission (SEC), disclosed combined employment assets of at least $327 million with his wife ahead of a scheduled confirmation hearing with the US Senate Banking Committee. Atkins and his wife, Sarah Humphreys, held up to a combined $327 million in assets, in…
Nubank, a Latin American financial bank backed by Warren Buffett’s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement. The four coins had…
The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks. According to a letter sent by the agency’s acting chairman, Travis Hill, to Rep. Dan Meuser on March 24, banking regulators should not use “reputational risk”…
Key Takeaways GameStop has added Bitcoin to its treasury, leading to a 6% surge in its stock price. The company posted $131.3 million in Q4 net income, more than doubling last year’s results. Share this article GameStop has become the latest public company to add Bitcoin to its balance sheet, confirming long-rumored plans during its…
