Latest from Sheldon Reback
DeFi won't win over big banks until it fixes its hacking problem, executives say
Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.
Here's how one decentralized cloud provider says private citizens can make money from AI
Titan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, saving them as much 75% on AI costs.
Movement pivots to stablecoin payments as the layer-2 boom loses momentum
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
Symbiotic aims to make tokenized assets easier to cash out with new liquidity network
Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.
Ripple’s dollar stablecoin expands to Turkey through three local platforms
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend
The price of bitcoin fell to its lowest since April 7 as Strategy's sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.
Michael Saylor breaks silence after Strategy sells $2.5 million in bitcoin
Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions
Japan's ruling party supports crypto ETF trading, yen-based stablecoins
Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.
Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend payments
The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.
