Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoin holdings by investing in one-month U.S. Treasury bills. Source
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Level 1 will require 1,000-2,999 points and reward choices are a virtual coffee class, a Starbucks coffee passport or to make a charitable donation to Feeding America. For 3,000-5,999 points, members reach Level 2 and can name a coffee tree, attend a virtual tasting paired with a bag of coffee or receive a Starbucks cold cup. Level 3 is for members with 6,000 points or more and rewards to choose from are a customized MiiR 360 traveler, 30 days of free drinks or an experience at a Starbucks Reserve store.…
Smart bonds can transform the life cycle of debt instruments and have the potential to disrupt debt capital markets. This digitalization of bonds may enhance process efficiencies and liquidity, reduce costs, simplify and democratize capital raising for issuers, and create a broader investable landscape. For over three centuries, bonds were issued as paper certificates. However, as the volume of trading grew, companies became inundated with paperwork. In 1973, the Depository Trust Company (DTC) was created to address the mounting paperwork and security issues. Paper certificates were vulnerable to loss, tax…
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto Assets as ‘Property’ That Can Be ‘Held on Trust’ According to a summary of the ruling published on April 18, 2023, judge Linda Chan in Hong Kong has classified crypto assets as “property.” The decision…
An analytical paper released by the European Parliament Committee on Economic and Monetary Affairs has given the digital euro a mixed review. The title of the paper summed up its position: “Digital Euro: When in doubt, abstain (but be prepared).” The paper was written at the request of the parliamentary committee by economist Ignazio Angeloni to assess the preparations for the launch of a digital euro. Angeloni looked at ten issues that a “prospective digital euro” (PDE) will face, concentrating on their downsides. Related: US wholesale CBDC has ‘promise,’ Fed…
While many of the tokens appear in the same style as the first collection, with artwork of the former president in different outfits and backgrounds, the new tokens feature Trump participating in activities such as playing guitar at a concert, hosting a barbecue, a “king” chess piece, and even wrangling a lion. Source
Bitcoin and select altcoins turned down sharply on April 19 but a minor positive is that the bulls are trying to defend their respective support levels. Bitcoin (BTC) has been witnessing volatile moves in the past three days. The pick-up in volatility shows that the buyers and sellers are vying for supremacy. Bitcoin recovered sharply on April 18 but gave back all the gains on April 19. The latest sell-off may have been triggered by the high inflation figures in the United Kingdom and the regulatory uncertainty in the United…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode data reveals long-term holding trends and exchange net outflows for bitcoin, indicating increased investor confidence. As the world of cryptocurrency continues to evolve, recent data from blockchain analytics firm Glassnode paints an intriguing picture for bitcoin investors. The number of addresses holding at least 1 bitcoin (BTC) has reached an all-time high (ATH) of 994,298, and the percentage of the bitcoin supply last active two or more years ago has also hit an ATH of…
The large-language-model sector continues to swell, as Stability AI, maker of the popular image-generation tool Stable Diffusion, has launched a suite of open-source language-model tools. Dubbed StableLM, the publicly available alpha versions of the suite currently contain models featuring 3 billion and 7 billion parameters, with 15-billion-, 30-billion- and 65-billion-parameter models noted as “in progress,” and a 175-billion-parameter model planned for future development. Announcing StableLM❗ We’re releasing the first of our large language models, starting with 3B and 7B param models, with 15-65B to follow. Our LLMs are released under…