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Ripple CLO Rejects the Narrative That Crypto Is Just a Tool for 'Crime and Corruption'
In an X post, Ripple's Stuart Alderoty said two recent New York Times pieces wrongly cast crypto as only a tool for crime and corruption.
Bitcoin-Holding Institutions Seeking Yield, DeFi Capabilities
Projects such as Rootstock and Babylon may be perking institutional demand for Bitcoin-based yield and restaking
Ondo Finance Urges SEC to Delay Nasdaq's Tokenization Plan Over Transparency Gaps
The proposed rule change relies on Nasdaq's vague understanding of how the Depository Trust Company (DTC) would handle post-trade settlement for these tokens.
Astra Nova Raises $48.3M to Grow Web3, AI Entertainment Ecosystem
The company develops no-code tools that enable creators to launch blockchain-based entertainment experiences.
Gold's Record Frenzy Spurs Tokenized Gold’s $1B Daily Volume
Investors are increasingly tapping gold-backed crypto tokens for active trading and hedging, a CEX.io report said.
Arthur Hayes’ Maelstrom Seeks $250M Private Equity Fund to Acquire Crypto Firms: Bloomberg
Arthur Hayes’ Maelstrom family office is launching a private equity fund targeting infrastructure and analytics firms in crypto, aiming for $250 million in capital.
Recent Fedspeak Confirms Intentions for Rate Cuts to Contiue: BofA
There appeared to be consensus around growing labor market risks even as sticky inflation remains an issue.
Japan's Top Banks Plan Joint Stablecoin Launch: Nikkei
Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial Groups aim to create a shared framework for stablecoin issuance and transfer, according to a story in Nikkei.
JPMorgan Says Crypto-Native Investors Are Likely Driving the Market Slide
Limited bitcoin outflows and heavier ether selling pointed to crypto-native liquidations as the driver of the drop.
CoreWeave Has No Plans to Boost Price in Core Scientific Takeover Battle
The company calls its offer for CORZ “best and final” as it counters hedge fund criticism and urges investors to back the deal.
