Cryptocurrency exchange Coinbase partnered with financial platform Moov to bring stablecoin infrastructure to more than 1,000 community banks and credit unions that are part of Moov’s customer base. The partnership will combine Coinbase’s regulated digital asset infrastructure and Moov’s payments platform to offer stablecoin payment acceptance, settlement and real-time funding, according to a Thursday announcement.
Developers in the Cardano ecosystem have introduced a new tool called ODATANO, aimed at facilitating integration between SAP, one of the world’s largest enterprise software ecosystems, and the Cardano blockchain. SAP is known as an enterprise resource planning and business software platform that enables companies to manage core business processes such as finance, accounting, supply
Benjamin Cowen, a well-known analyst in the cryptocurrency world, compared bull and bear scenarios for Bitcoin ($BTC) in detail in his new analysis video. Cowen, who examined on-chain data, technical indicators, market sentiment, and cyclical historical data, stated that the current picture shows strong signals supporting both bulls and bears. Cowen, highlighting the bullish scenario,
Polymarket has hired veteran executive Warren Jenson, who previously served as CFO at Amazon as its first-ever chief financial officer. Jenson will report to Polymarket founder and CEO Shayne Coplan — who called him a “true legend” in a post on X — and will oversee the company’s finance organization, financial and capital strategy and
A landmark project to tokenize 250 million pounds ($330 million) in U.K. retail bank deposits has been delayed as Monument Bank scrambles to resolve an institutional custody bottleneck. Monument Bank founder Mintoo Bhandari said the London-based firm’s plan to tokenize client deposits on the privacy-focused Midnight blockchain had fallen several months behind schedule due to
Today, the eagerly awaited Producer Price Index (PPI) data was released in the US ahead of tomorrow’s Consumer Price Index (CPI) data. The PPI accelerated on an annual basis, further increasing the likelihood of a Fed interest rate hike in September. Prior to the data release, the Fed WatchTool data indicated a 62.2% probability of
Happy Thursday, advisors! In today’s newsletter, Michael Zhao from Grayscale Research on how Hyperliquid moved exchange-level trading onchain, and why its prices are starting to matter beyond it. Then, in “Ask an Expert,” Kim Klemballa answers questions about the HYPE token: staking, fees, governance and the ETFs now tracking it. Happy reading. – Sarah Morton
The bankruptcy of the cryptocurrency ATM sector’s largest provider has opened the door for smaller firms to snap up their defunct kiosks for pennies on the dollar. Bitcoin Depot (BTM) filed for Chapter 11 bankruptcy protection in May following a 49% collapse in first-quarter revenue compared to a year earlier and a swing from $12.2
Recent rapid advancements in quantum computing technology have brought the quantum threat back to the forefront of security concerns for cryptocurrencies, particularly Bitcoin. The possibility that sufficiently powerful quantum computers could break the current cryptographic systems of cryptocurrencies raises concerns about the long-term security of digital assets. Therefore, transitioning to quantum-resistant technologies and preparing existing