“This transaction demonstrates how public blockchains are a powerful technology for financial institutions, making transactions faster and safer,” Niccolò Bardoscia, head of digital assets trading and investments at Intesa Sanpaolo, said in a LinkedIn post. Source
Category: ICO
SkyBridge’s Anthony Scaramucci on Donald Trump, Gary Gensler and Bad Press
Anthony Scaramucci: I think it’s a great question. I think that question, the answer to that question has evolved since you and I were talking about it. You know, when you were, and by the way, you were doing your job, which I respect. It was a tough situation. Think one of the things I like to do in tough situations is face the music. I just want you to imagine me reporting that I am now a hero on CNBC. Sam, who’s a brilliant guy. He’s the Mark Zuckerberg…
Crypto Exchange Kraken Paid Barstool Sports’ Dave Portnoy Bitcoin (BTC) in Sponsorship Deal
Wearing his “day trader” hat, Portnoy has tried timing trades in the bitcoin market since mid-2020, often getting burned buying high and selling low. Its current price above $60,000 is too high for him. “I’d just hate myself. If I buy it right now – a ton of it – and it goes down, we’ll have a problem in my brain.” Source
DePIN Allows Us to Be Stakeholders in the Machine Economy
DePIN and Machine RWAs give us a stake in the robots coming after our jobs, say Mauricio Zolliker, co-founder of XMAQUINA, and Leroy Hofer, CEO and co-founder of Teneo Protocol. Source
Crypto for Advisors: Web2 to Web3
While Base targets crypto-curious users, TON’s potential TAM is even bigger, targeting the 900 million users on Telegram. Launched in 2023, Telegram quickly became a top-five Web2 social app by users globally and the dominant app in Russia, Eastern Europe, Southeast Asia and parts of Africa. TON, The Open Network, was initially designed by founding members of the Telegram team to integrate blockchain into Telegram’s ecosystem. Given Telegram’s multi-country user base and unique geopolitical backdrop, a unified crypto payment rail could be highly beneficial. TON’s integration into Telegram includes seamless…
Germany Dumping $2.8B Bitcoin (BTC) Is ‘Market Intervention,’ Despite Murky Legal Justifications
Hartmannsgruber, who regularly advises politicians and authorities as a board member of the Blockchain Bundesverband e.V. (German Blockchain Association), specifically argued that the sale should not have been done “during the announcement that up to 140,000 Bitcoin worth approximately $7.7 billion from the Mt. Gox lawsuit will come to the market” even though he emphasized that perfect timing is never possible. Hartmannsgruber also asked the authorities to point to sources behind their claim that “less than one percent of the market volume of bitcoins was regularly traded over the counter…
Chainbase Raises $15M to Grow Omnichain Data Network
Chainbase’s aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies. Source
CoinDesk 20 Performance Update: SOL and ETH Lead Advancers as Index Stays Flat
Leading overnight gains are SOL with a 2.5% increase and ETH up by 1.3%. Source
Standard Chartered, Animoca, Three Others Join HKMA’s Stablecoin Sandbox as Participants
“During the assessment process, these institutions were able to demonstrate genuine interest in developing a stablecoin issuance business in Hong Kong with a reasonable business plan, and that their proposed operations under the sandbox arrangement would be conducted within a limited scope and in a risk-controllable manner,” the announcement said. Source
Visa’s Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
“Currently, something as essential as accurately tracking digital currency volumes requires continually normalizing data across 40+ blockchain networks and parsing thousands of smart contracts, equating to petabytes of data,” said Ethan Chan, CEO and Co-Founder of Allium. “Our goal is that our customers never need to worry about any of this.” Source