Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance” but have sacrificed some of their inherent immutability and decentralization. Read More at https://cointelegraph.com/news/defi-doesnt-exist-onchain-finance-andre-cronje?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Binance bStocks passes xStocks as second-largest tokenized stock issuer
Binance bStocks became the second-largest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks. Read More at https://cointelegraph.com/news/binance-bstocks-second-largest-tokenized-stock-issuer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode
Bitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says. Read More at https://cointelegraph.com/markets/bitcoin-speculators-in-the-red-keep-price-pinned-below-687k-new-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Securitize falls 16% after earnings miss, tokenization revenue drops
Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million second-quarter revenue missed Wall Street estimates. Read More at https://cointelegraph.com/news/securitize-falls-earnings-miss-tokenization-revenue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter. Read More at https://cointelegraph.com/news/bitgo-q2-19-million-revenue-surge-4-3-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Copper US arm becomes FINRA member, SEC-registered broker-dealer
Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence. Read More at https://cointelegraph.com/news/copper-us-arm-joins-finra-after-sec-broker-dealer-approval?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO
Bitwise’s Matt Hougan expects revenue-capture mechanisms to spread across DeFi applications and layer-1 networks over the next 12 to 24 months. Read More at https://cointelegraph.com/news/crypto-valuations-protocol-revenue-token-buybacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer
Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees. Read More at https://cointelegraph.com/news/gerovich-shuts-down-bitcoin-sale-metaplanets-transfer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ASX shareholder plans to sue former directors over failed blockchain project
ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market. Read More at https://cointelegraph.com/news/asx-shareholder-lawsuit-failed-blockchain-chess-project?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arizona crypto ATM law helps 35 scam victims recover $171K
Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days. Read More at https://cointelegraph.com/news/arizona-crypto-atm-law-scam-refunds-171k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound