This is a segment from the Lightspeed newsletter. To read full editions, subscribe. The decentralized wireless company Helium is planning to funnel 100% of Helium mobile subscriber revenues to HNT token burns, co-founder and CEO Amir Haleem tweeted yesterday. It’s not clear if Helium plans to buy HNT on the open market or simply burn
Ripple executives used a policy-related blog post on Monday to argue that digital asset custody has become the foundation for institutional adoption of stablecoins, tokenized assets and cross-border settlement. Rahul Advani, Ripple’s global co-head of policy, and Caren Tso, its Asia-Pacific policy manager, said in the post that custody is now a critical entry point
US investment adviser Two Prime has partnered with staking infrastructure provider Figment to offer institutional clients access to cryptocurrency yield opportunities — highlighting the growing institutional shift toward blockchain-based yield strategies. Through the partnership, Two Prime’s institutional clients will gain access to yield strategies for Bitcoin (BTC) and more than 40 other digital asset protocols,
TeraWulf’s (WULF) breakneck rally cooled on Tuesday as the firm increased its convertible note sale to $850 million and announced the pricing of the offering, aimed at funding its data center expansion. The notes will mature in 2031 with 1% annual interest, and will be exchangeable into cash, stock or both at TeraWulf’s election, the
Donald Trump Jr., the eldest son of US President Donald Trump, made remarkable statements about the future of cryptocurrencies in an interview. Donald Trump Jr.: “Cryptocurrencies Will Be the Future of Finance” Trump Jr. stated that his interest in crypto is not due to his technical knowledge, but rather their exclusion from the traditional financial
Several public companies are driving head straight into digital assets with funds specifically allocated to create treasuries of Bitcoin and other cryptos. After the US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024 to change Wall Street’s perspective on digital assets, institutional total holdings have so far surpassed $100 billion. Over
A high-profile rumor is circulating in the crypto sphere: Is Gemini, the well-known crypto exchange founded by the Winklevoss twins, tapping into Ripple’s funding sources as it prepares for its anticipated Initial Public Offering (IPO)? Let’s investigate what’s accurate, what’s exaggerated, and what’s confirmed by the official filings. Who Started the Claim? The speculation grew