Latest from Sheldon Reback
EU Seeks to Transfer Crypto Oversight to Bloc's Securities and Markets Authority
The European Commission wants to get rid of fragmentation from differing supervisory approaches in member states.
Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.
ICP Rises as Cross-Chain Narratives Gain Attention
Internet Computer edged higher as broader market consolidation kept price action pinned to key support and resistance levels.
Blockdaemon, VerifiedX Join Forces to Deliver Mass-Market, Self-Custodial DeFi
The experience, which is designed to feel like Venmo or Cash App, allows users to earn yield on bitcoin (BTC) and stablecoins and borrow against their holdings.
Crypto Markets Today: Bitcoin Holds Near Weekly High, Altcoins Remain Subdued
Bitcoin steadied near weekly highs as concerns ease, but most altcoins remain weak. Market shows early signs of recovery despite broader downtrends.
Bitcoin-Focused Firm Twenty One Sees Public NYSE Listing on Dec. 9
The firm offers public equity exposure to bitcoin, focusing on "capital-efficient bitcoin accumulation" and Bitcoin ecosystem services.
Citadel Securities Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage
A Citadel Securities letter to the SEC argues that some DeFi systems resemble traditional exchanges and should face comparable oversight.
ING Flags Upside Potential in 10-Year U.S. Treasury Yield
"Treasuries love that 4% to 4.1% trading range. Temporary break below more likely. But break above has more legs," the Dutch bank said.
Entrée Capital Introduces $300M Fund With Focus on AI Agents, DePIN
Entrée Capital unveiled a $300M fund prioritizing AI agents, DePIN and regulated Web3 infrastructure.
