The race to acquire blockchain infrastructure is picking up speed, according to U.S. bank Citizens. Citizens said it expects the pace of mergers and acquisitions across digital assets to accelerate from here in a new research report. The analysts noted that the digital-asset industry’s technical complexity, talent shortages, and stringent compliance demands make acquisitions the
TL;DR: Circle and Galaxy remain profitable amid post-IPO volatility. eToro’s stock has dropped nearly 40% since its debut. Investors favor crypto firms with stability and institutional focus. Circle and Galaxy Digital have emerged as the only crypto firms still in profit after their public listings, contrasting sharply with peers like eToro, which has seen its
Argentina’s CNV expands its tokenization regime to include a wider range of financial instruments and securities. Binance Pay launches QR payments in Argentina, converting crypto to pesos automatically with no fees. Argentina moves forward with a plan to update its capital markets. A new resolution expands the existing tokenization framework. The National Securities Commission, known
Commercial Bank International (CBI) has launched CBIx, a wholly owned subsidiary intended to advance innovation across artificial intelligence (AI), tokenized assets, Web3, and the global fintech ecosystem. According to a press release, the program positions CBIx as a central hub for exploring and testing new technologies, financial models, and venture opportunities in the UAE’s market.
Decentralized AI verification network DeepSafe has secured $3 million in seed funding from major investors. That includes Antalpha Ventures and Spark Digital Capital. The funding marks a strong vote of confidence in DeepSafe’s mission to make artificial intelligence systems. Which is more transparent, secure and verifiable. 去中心化 AI 可信验证网络 DeepSafe 宣布完成 300 万美金 Seed 轮融资，投资机构包括
Exciting news is rippling through the digital asset world! Hong Kong-based digital asset manager Metalpha recently announced a significant Metalpha investment, securing an impressive $12 million in a private placement. This substantial capital injection is a clear vote of confidence in Metalpha’s vision and the burgeoning digital finance sector. The company plans to issue common
Tokenized real-world assets (RWAs) may reach a cumulative value of $2 trillion in the next three years as more global capital and payments migrate onto more efficient blockchain rails, according to investment bank Standard Chartered. The bank said in a Thursday report shared with Cointelegraph that the “trustless” structure of decentralized finance (DeFi) is poised
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3615.74, down 2.6% (-97.82) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: HBAR (-0.6%) and BCH (-0.7%). Laggards: UNI (-7.0%) and NEAR
The US Federal Reserve (FED) announced its critical interest rate decision last night. While the 25 basis point cut was in line with expectations, FED Chair Jerome Powell maintained a hawkish stance. Powell said most Fed officials want to delay rate cuts. He noted that after two consecutive rate cuts, some members are inclined to
Several crypto industry leaders and company heads will be heading to the UAE for events scheduled to take place in early December, according to Binance founder Changpeng Zhao. In an X post on Thursday, Zhao mentioned four events set to take place in the Middle East country, including Binance Blockchain week in Dubai, Abu Dhabi