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Finance

Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains

Digital asset financier Bolts Capital completed the token purchase to bring Analog's total backing to $36 million.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Finance

Dutch Bank ING Said to Be Working on a New Stablecoin With Other TradFi and Crypto Firms

ING’s stablecoin project could take the form of a consortium effort including some other banks and crypto service providers, two people familiar with the plans said.

ING bank (Sundry Photography/Shutterstock)

Finance

Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors

The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro.

Kraken on phone (PiggyBank/ Unsplash)

Tech

Ethena, Securitize Target Q2 Mainnet Launch for RWA-Focused Blockchain, Tap Arbitrum, Celestia

The Converge chain is set to have fast blocktimes, let users pay gas fees in Ethena's tokens and support both permissionless and permissioned apps, the teams said.

Securitize CEO Carlos Domingo (left) and Ethena founder Guy Young (Securitize)

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Markets

Lombard Finance Launches Toolkit to Unlock Bitcoin’s $154B DeFi Opportunity

Major exchanges Binance and Bybit have already integrated the SDK, which routes staked BTC into Lombard’s DeFi Vault.

Lombard co-founder Jacob Phillips (Lombard)

Finance

Tether, Circle to Face Intense Competition as TradFi Enters the Arena, Fireblocks Says

Ran Goldi, SVP of payments at Fireblocks, reviews the strategic moves as stablecoin issuers look to corner the market.

Fireblocks sign at Miami airport during Bitcoin Miami conference 2022 (Danny Nelson/CoinDesk)

Finance

Visa Is Joining the Paxos, Robinhood Stablecoin Consortium: Sources

Paxos’ Global Dollar Network (USDG) also includes Kraken, Galaxy Digital, Anchorage Digital, Bullish (the owner of CoinDesk) and Nuvei.

Casa central de Visa en Foster City, California. (Wonderlane/Creative Commons)

Finance

Crypto Market Maker Portofino Technologies CFO Mark Blackborough Left the Business

The Swiss company's former CFO was based in London, and joined the crypto trading firm last September.

(Shutterstock)

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Finance

Wunder.Social Raises $50M Ahead of Token Offer to Build Bot-Free Social Media

The company uses blockchain tech to verify users and eliminate bots, and shares ad revenue with users, allowing them to fund causes they care about

16:9 Bots (Eric Krull/Unsplash)

Finance

CoinShares Head of Asset Management Frank Spiteri Has Left the Company: Sources

Spiteri worked for the crypto asset manager in London for over five years.

(Paul Brennan/Pixabay)