Latest from Will Canny
Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan
Tokens such as BUIDL are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.
FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus
Co-founder Alex Casimo and CFO Jae Park were fired in July, which triggered a number of departures from the market making firm.
Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein
Stablecoins have emerged as the main use case for blockchains, especially for cross-border payments, the report said.
U.K. Pension Giant L&G Looks to Enter Crypto's Tokenization Space
London-based L&G, which has $1.5 trillion in assets, is evaluating ways to join other big traditional players like BlackRock, Franklin Templeton and Abrdn that are offering blockchain-based money-market funds and the like.
Republican Sweep in U.S. Election Would be the Most Bullish Outcome for Coinbase and the Crypto Market: Citi
Republican control of the Senate would be key to passing bills such as FIT21 and appointing pro-crypto agency leaders, and digital asset reform would likely happen sooner with both chambers aligned, the report said.
Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC
The token will be available on both Ethereum and OP Mainnet.
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.
Blockstream Raises $210M in Convertible Note Financing Round
The money will be used to advance adoption and development of Blockstream's layer-2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.
Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO
Former CEO Dmitry Tokarev will continue as the board's founder director.
Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners as the network hashrate is currently 11% higher while the bitcoin price is up only about 5%, the report said.
