Mitsui & Co. Digital Commodities (MDC), a subsidiary of Japanese trading giant Mitsui & Co., Ltd., its tokenized gold, silver, and platinum asset, Zipangcoin (ZPG), on OP Mainnet, according to a press release shared with The Defiant. ZPG has been issued under Japan’s regulatory framework since 2022 and currently runs on Miyabi, a proprietary private
Against the backdrop of a mass transition of public miners toward AI computing — according to forecasts by Charles Edwards of Capriole, the share of “crypto revenue” in the sector will drop from 90% to 30% by 2026 — two polar-opposite expert views on network security have emerged in the industry. Edwards warns of a
Tokenization does not automatically make hard-to-trade assets liquid, industry executives said at Paris Blockchain Week, pushing back on the idea that putting private credit, real estate or other illiquid products onchain will by itself create active secondary markets. Speaking during a panel moderated by Cointelegraph CEO Yana Prikhodchenko, Oya Celiktemur, Ondo Finance sales director for
Fintech company Ramp Network said Friday it launched a multichain self-custodial wallet designed to tackle a common friction point in crypto of needing to rely on outside providers for core actions such as buying, swapping and cashing out. The company said the wallet allows users to buy, sell, trade and cash out digital assets inside
Bitcoin has decisively broken above $76,300 for the first time since its sharp selloff on Feb. 5, when it dropped to a low near $60,000. BTC has rallied more than 25% and now trades above its 100-day moving average (100DMA) of $74,774 since bottoming in early February. The previous two tests of this level resulted
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 2125.52, up 0.3% (+7.28) since 4 p.m. ET on Thursday. Nine of 20 assets are trading higher. Leaders: XLM (+1.5%) and HBAR (+1.4%). Laggards: NEAR (-2.3%) and DOT (-1.6%).
The price of bitcoin has again pushed above $76,000 alongside about a 10% plunge in the price of crude oil on an apparent reopening of the Strait of Hormuz. “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed Abbas