Source: Cointelegraph The financial services giant is also considering adding crypto to its trading platform, E-Trade, due to a change in regulatory climate. Morgan Stanley CEO Ted Pick recently said the banking giant is exploring potential crypto offerings for its clients and is in discussions with financial regulators in the United States. Speaking with CNBC… Continue reading Morgan Stanley to Explore Crypto Offerings For Clients — CEO
Tag: business
Sony’s L2 Blockchain Sonieum Goes Live Amid Community Backlash
Source: Cointelegraph Sony’s Soneium mainnet launched, aiming to simplify Web3 with NFT-driven fan engagement, but it got off to a rocky start. Sony has launched the mainnet for Soneium, its layer-2 (L2) blockchain platform developed by Sony Block Solutions Labs, to streamline blockchain interactions and provide a user-friendly Web3 experience. Built on the OP Stack… Continue reading Sony’s L2 Blockchain Sonieum Goes Live Amid Community Backlash
Trump-linked Strive Files for ‘Bitcoin Bond’ ETF
Source: Cointelegraph The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others. Strive, an asset manager founded by Vivek Ramaswamy, asked United States regulators for permission to list an exchange-traded fund (ETF) investing in convertible bonds issued by MicroStrategy and other corporate Bitcoin buyers, according to a Dec. 26 filing. The ETF seeks… Continue reading Trump-linked Strive Files for ‘Bitcoin Bond’ ETF
Tether Makes First Crypto VC Fund Investment Into Arcanum Capital
Source: Cointelegraph “We are passionate about backing technologies that will prevent censorship and things being shut down,” James McDowall told Cointelegraph. Stablecoin issuer Tether made its first crypto venture capital fund investment into Arcanum Capital’s Arcanum Emerging Technologies Fund II — a tokenized investment vehicle specializing in decentralized Web3 projects — for $2 million. Managing… Continue reading Tether Makes First Crypto VC Fund Investment Into Arcanum Capital
India’s Web3 Dominance Fueled by 1K Startups, Global Investments, Dev Talent
Source: Cointelegraph India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives. A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape. India currently hosts over 1,000 Web3 startups across… Continue reading India’s Web3 Dominance Fueled by 1K Startups, Global Investments, Dev Talent
MicroStrategy expands Bitcoin holdings with $5.4B purchase
Source: Cointelegraph MicroStrategy acquired 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment. MicroStrategy, a publicly traded business intelligence and software firm, reported a substantial expansion of its Bitcoin holdings in a filing on Nov. 25. The company acquired about 55,000 Bitcoin (BTC) for $5.4 billion between Nov. 18… Continue reading MicroStrategy expands Bitcoin holdings with $5.4B purchase
Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo
Source: Cointelegraph The tech is still experimental, but its implications could change how users view reality. Meta recently showed off a new “Hyperscape” tech that takes the idea of stitching photographs together to form a 3D environment — such as YouTube’s 360 videos — and turns it into a real-time rendering system that could potentially… Continue reading Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo
PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Source: Cointelegraph The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. ENS Labs’ recent partnership with PayPal and Venmo could significantly boost crypto payment adoption and help the industry reach the first billion crypto holders. Ethereum Name Service (ENS), which offers Web3,… Continue reading PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Tether plans to launch dirham stablecoin with UAE partners
Source: Cointelegraph Tether teams up with the UAE’s Phoenix Group and Green Acorn Investments to launch a dirham-backed stablecoin, which aims to improve international trade and remittances. Tether, the largest stablecoin provider in the digital asset industry, has announced plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). According to… Continue reading Tether plans to launch dirham stablecoin with UAE partners
Animoca, Standard Chartered team up in HKMA stablecoin sandbox
Source: Cointelegraph The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox. A day after winding up the consultation period on stablecoin issuer regulations, the Hong Kong Monetary Authority (HKMA) announced the first participants in its stablecoin issuer sandbox. They are a company linked to a large Chinese e-commerce… Continue reading Animoca, Standard Chartered team up in HKMA stablecoin sandbox
