Financial institutions are shifting away from Ethereum (ETH) and opting for purpose-built blockchains tailored to meet their institutional needs. Recent developments, such as Klarna’s launch of its stablecoin on an alternative network and the rise of privacy-focused chains like Canton, raise questions about the network’s dominance. Corporate Blockchain Adoption Signals New Threat to Ethereum: Here’s
The pain may not be over yet for Bitcoin investors, according to one crypto analyst, arguing that there’s still more leverage that could be flushed out. Crypto analyst James Check described the recent market meltdown as a “2-sigma long liquidation event,” which wiped out a “chunk of degen gamblers.” Most of the leverage is gone,
Chainlink is a decentralized oracle network that acts as a secure bridge between blockchains and the real world. Chainlink has successfully built a membership of over $69B in trading volume with Holdstation, an all-in-one trading platform. The main purpose of this alliance is to secure the cross-chain transfers of the HOLD token between BNB Chain
In a year when cryptocurrency stocks have mostly moonwalked downward, executives at some of the sector’s top firms managed to secure fat compensation packages. Summary Crypto executives secured generous compensation despite falling stock prices. Some packages included protections against market declines. Activist shareholder Paul Glazer is opposing Pompliano’s M&A/pay package. According to SEC filings reviewed
Key Notes Bridgepoint cited ht.digital’s 700+ global clients and nearly 100% organic revenue growth over two years as deal drivers. The firm was spun off from Harris & Trotter in 2023, establishing itself as a specialist in proof-of-reserves verifications and blockchain audits. The investment comes as regulatory demand for independent digital asset assurance accelerates following
Bitcoin (BTC) ended last week with negative returns amid the broader crypto market’s continued decline. Analysts at the crypto exchange Bitfinex revealed in a weekly report that the record marked the fourth consecutive weekly decline for the leading digital asset. According to Bitfinex, the last time BTC recorded four straight weeks of negative returns was
Bank of America warned on the growth of retail prediction markets and sports results, warning that it could lead to consumer debt and bad loans. US-based customers have wider access to prediction platforms, due to legislation allowing platforms to be treated as trading services. The expansion of prediction markets is creating credit risk, as the
Canton Network, the public blockchain specifically designed for the regulated financial sector and already adopted by giants like Goldman Sachs, BNP Paribas, and Deutsche Börse, takes a decisive step towards expanding its infrastructure. The network, which hosts over 6 trillion dollars in tokenized assets, has announced a strategic partnership with Taurus SA, a global leader