The post Why Did Blast Decide to Wind Down Its L2? appeared first on Coinpedia Fintech News Blast is shutting down its Layer 2 network, ending a project that once pitched unusually high yields and a distinct approach to…
The Ethereum price setup just got more interesting. ETH/BTC has reportedly broken its long-running downtrend, ending a period of relative weakness against Bitcoin that had stretched back to 2017.
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.
The U.S. added just 29,000 jobs in September, far below the 84,000 economists expected. The two previous months were revised down by a combined 60,000, and unemployment ticked up to 4.2%, according to the Bureau of Labo…
The post Charles Hoskinson’s Midnight NIGHT Surges 159% After Biggest Crash appeared first on Coinpedia Fintech News Charles Hoskinson’s Midnight project is making a strong comeback after one of its worst crashes due to…
Custody banking giant BNY is in talks with Payward, the Wyoming-based parent company of crypto exchange Kraken, over a broad partnership spanning digital assets and financial-market infrastructure, according to two peop…
SBI Remit and Fasset have partnered to build a stablecoin powered payment infrastructure aimed at making cross-border money transfers faster, cheaper, and more transparent across global markets.
Ethereum layer-2 network Blast is shutting down, a little over two years after its launch, as fading activity has left the blockchain unable to cover its operating costs.
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance.
The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening — even if you could.
Bitcoin was trading at $86,757 on Friday, up 3% over 24 hours and 2% on the week, according to CoinGecko data, after a September that broke the month's losing reputation. It remains about 31% below the record it set a y…
What rising correlations could mean for portfolios A mix of stocks and bonds typically helps diversify a portfolio, since stock prices often rise when bond prices fall and vice versa. But lately, that diversification be…
Circle wants the EU to replace mandatory bank-deposit minimums with more flexible liquidity rules and preserve cross-border stablecoin issuance.
Bitcoin consolidated this week as the market sharply reduced its expectations for another near-term rate hike. The catalyst was New York Fed President John Williams, who argued that September’s 25bp hike had reduced the…
The AI chipmaker's stock topped its May peak on Friday, helped by a record $150 billion buyback and a weak jobs report that cooled bets on Fed rate hikes.
The S&P 500 Index is now near its all-time record high, fuelled by investor exuberance for artificial intelligence-themed stocks. Stock prices — and valuations — have continued to rally, despite high oil prices, which a…
The post Bitget Hack: How AI Helped in Tracing $387 Million Across Chains appeared first on Coinpedia Fintech News
The U.S. Treasury has moved against the A7 Network, a Russian shadow banking operation it says Iran and the Islamic Revolutionary Guard Corps have used to evade sanctions, with a proposed rule that would cut its front c…
Google has launched its AI chips into low Earth orbit aboard a SpaceX Falcon 9 to test whether AI data centers can operate in space. The Project Suncatcher mission will examine how Googleâs TPUs handle radiation, extr…
The post Porsche Ends Web3 Project and PIONΞERS CIRCLE appeared first on Coinpedia Fintech News Porsche has announced the conclusion of its Web3 project and PIONΞERS CIRCLE community. The move ends active operations whi…
Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.
European issuers say Europe cannot ignore demand for dollar stablecoins as businesses seek USD liquidity for global payments and settlement.
This week, I appeared on Schwab TV for the New York Stock Exchange. Here’s a brief recap. Key Takeaways: VettaFi index-based American Century Quality Growth ETF (QGRO) and VictoryShares Free Cash Flow ETF (VFLO) recentl…
Hacks are never good, but a rapid response, user compensation and 1-hour bug fixing seems to top the spectrum of team reactions.