Category: Business

As HSBC, Lloyds, and JPMorgan all commit to tokenized deposits on the Canton Network, Digital Asset Chief Product Officer Bernhard Elsner explains why the instrument is structurally distinct from stablecoins and how Canton’s architecture eliminates bridge risk rather than simply managing it. The tokenized deposit market is accelerating. HSBC has completed a pilot simulating the

The crypto fundraising sector has gone through a notable shift between the Initial Dex Offerings (IDOs) and Initial Exchange Offerings (IEOs) this year. Particularly, the Initial Exchange Offerings (IEOs) have outperformed Initial Dex Offerings (IDOs). As per the data from CryptoRank, the IEOs account for 53.8% of positive year-to-date (YTD) returns on investment (ROI). On

The stablecoin markets are experiencing serious change in market sentiment due to the aggressive increase in supply by the Tether ($USDT). Recent on-chain data indicates that Tether has minted over 3 billion $USDT during the past week. The minting of new stablecoins typically signals either increased market risk or a buildup of “dry powder” for

Allbirds (Nasdaq:BIRD) erased over 50% of its recent peak price, sinking to $7.57. The company has set out to swap its apparel and shoes assets for $50M dedicated to building AI data centers. The former shoe company, now called NewBirdAI, is showing that a simple announcement of an AI pivot may not be enough to

According to Polymarket, a forecasting market, investors see a very low probability of the Fed cutting interest rates at its upcoming meetings. In expectations for April, the scenario of “interest rates remaining unchanged” is overwhelmingly favored, while the possibilities of both 25 basis point and 50 basis point or more cuts are priced in as

Nvidia climbed back above a $5 trillion market value on Friday and finished the session at a new closing record, putting the chipmaker back at the top of the global stock market. The stock surged by as much as 4.2% during the day, and that single rally added over $200 billion to Nvidia’s value. At

Most crypto investors are not trying to avoid the IRS. They just do not know the rules. That is the central finding of the 2026 Crypto Tax Readiness Report, a new survey of 3,000 US crypto investors conducted by CoinTracker and Coinbase. The data shows a striking disconnect: 65% of respondents had already reported crypto

Intel has done something it had not managed since the dot com era: set a new all time high. Shares of the chipmaker surged on April 24, 2026, trading around $82 to $83 after touching an intraday high above $85, according to market data. The move pushed Intel past its prior split adjusted record and

Robin Markets raised $475k to launch a staking product that turns Polymarket positions into yield, a targeted crypto VC bet in a funding cycle otherwise dominated by AI. Robin Markets has closed a $475,000 angel financing round led by Fabric VC, marking a fresh bet on prediction-market infrastructure in a venture environment otherwise dominated by

ECB teams with ECPC, nexo and Berlin Group to reuse open payment standards, cutting digital euro integration costs and clearing the path to a 2027 pilot, 2029 launch. The European Central Bank (ECB) has signed agreements with three European standards bodies to reuse existing open technical specifications for processing digital euro payments, in a bid