Ankr, a major Web3 infrastructure provider, announced this week that its RPC platform now processes more than 1 trillion requests per month, a milestone that underlines just how much of blockchain activity runs through centralized infrastructure even as apps try to decentralize. The company framed the milestone not as a marketing puff, but as a
Key Takeaways Crypto Finance, owned by Deutsche Börse, integrated Chainlink Proof of Reserve for transparent on-chain verification of assets. The solution allows real-time, public reserve data for nxtAssets’ physically backed Ethereum and Bitcoin ETPs on Arbitrum via Chainlink oracles. Crypto Finance, a Frankfurt-based digital asset solutions provider owned by Deutsche Börse, today integrated Chainlink Proof
Tether is looking for a deal that would push its valuation to $500 billion, and if that happens, Giancarlo Devasini would end up with a net worth of $224 billion, putting him ahead of Warren Buffett, right behind Elon Musk, Jeff Bezos, Larry Ellison, and Mark Zuckerberg. This info came from the Bloomberg Billionaires Index,
Key Takeaways Kyrgyzstan aims to migrate all government services to blockchain by 2028. The nation has emerged as a regional crypto leader with over 120 licensed virtual asset service providers by September 2024. Kyrgyzstan plans to transition all government services to blockchain technology by 2028, according to Adylbek Kasymaliev, Chairman of the Cabinet of Ministers.
Stablecoins won’t unseat incumbent payment platforms, including Visa and Mastercard, until the blockchain tokens feature robust consumer protections, according to Guillaume Poncin, chief technology officer of payment company Alchemy. Traditional payment companies offer chargebacks, fraud protection, disputed transaction resolution and credit features that consumers have come to expect. Stablecoin projects must integrate these features to
Key Takeaways Circle Ventures has invested in Crossmint to boost global stablecoin payment solutions. Stablecoins are now behind nearly half of digital asset use in regions such as Africa, fueling cross-border remittance. Circle Ventures, the investment arm of stablecoin issuer Circle, has invested in Crossmint, an all-in-one platform for crypto wallets, checkout, minting, and digital
Another crypto treasury company is betting on stock buybacks to appease investors, with Thumzup Media Corporation—which is currently stockpiling Bitcoin (BTC) and Dogecoin (DOGE)—the latest to see its share price climb after revealing such plans. Thumzup, which trades as TZUP on the Nasdaq, announced its board has approved a $10 million share repurchase program running
Key Takeaways Securitize has surpassed $60 million in tokenized assets on the Polygon blockchain network. Hamilton Lane’s exclusive tokenized feeder funds contribute to this milestone. Securitize, a tokenization platform, has reached $60 million in tokenized assets on Polygon, the blockchain network announced today. The milestone includes exclusive tokenized feeder funds from Hamilton Lane, a global
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Not all digital asset treasury companies (aka DATs) will last forever. Some just won’t be able to hack it. Others will, as we saw this week, get gobbled up by a competitor. But there’s a bigger picture for this segment that
MoonPay, a renowned crypto payments platform, has partnered with Arbitrum, the Ethereum L2 scaling solution. The main purpose of this partnership is to simplify how consumers purchase crypto and bridge assets within any platform or application with Arbitrum Bridge integration. As MoonPay disclosed in its official social media announcement on X, the interaction improves consumer