TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg coindesk.com 17 July 2024 19:45, UTC State Street, a Boston-based asset management and banking giant, is exploring creating stablecoins and tokenized deposits to settle transfers on blockchain rails, Bloomberg reported Wednesday citing a source familiar with the matter. The bank also weighs participating in…
Vitalik Buterin Argues Against Supporting Political Candidates Based Only On 'Pro-Crypto' Stances coindesk.com + 1 more 17 July 2024 19:43, UTC Vitalik Buterin argues against supporting candidates just based on “pro-crypto” stances. He said by doing so “you are helping to create an incentive gradient where politicians come to understand that all they need…
NEAR Protocol Unveils New Governance Proposal, Boosts Token Value by 10% cryptonewsland.com 17 July 2024 16:16, UTC NEAR Protocol’s new governance proposal led to a 10% rise in token value, enhancing ecosystem decentralization and governance. The proposal introduces a stake-weighted voting system, giving more control to NEAR token holders based on their stake. The…
XRP Open Interest Hits YTD High u.today 17 July 2024 18:12, UTC XRP is forging ahead, with bullish momentum after recovering from a protracted slump. For a coin that was once stagnant at a price range of $0.5, Open Interest (OI) reaching a year-to-date (YTD) high signals resilience. XRP Open Interest hit $602.6 million…
Financial Building-Blocks: Structured Products and Blockchain coindesk.com 17 July 2024 18:10, UTC Traditionally in the domain of institutional investors, structured products combine various assets and derivatives to create tailored risk-return profiles. With the advent of blockchain, the potential for this market segment is enormous, promising significant cost reductions, enhanced composability, and improved accessibility. Currently,…
21Shares sets Ethereum spot ETF fee at 0.21% in its final S-1 form cryptobriefing.com 17 July 2024 16:20, UTC 21Shares has filed an updated S-1 form with the Securities and Exchange Commission (SEC) for its spot Ethereum exchange-traded fund (ETF), setting a management fee at 0.21%. The ETF will operate under the ticker symbol…
Bitcoin Bridge Coming to Telegram-Linked TON Blockchain decrypt.co + 1 more 17 July 2024 16:21, UTC The TON Foundation, which supports The Open Network (TON), announced Wednesday that it will soon launch TON Teleport BTC, a trustless bridge designed to facilitate secure Bitcoin transfers to and from the Telegram-linked network. The new system aims…
