VERT, a Brazilian securitization and fund manager, said on Wednesday it debuted a blockchain-based platform to handle private credit transactions on the XRP Ledger (XRP) and its Ethereum-compatible sidechain, bringing more tokenized real-world assets to the ecosystem. The platform’s first transaction was the issuance of a BRL 700 million, or $130 million, Agribusiness Receivables Certificate […]
Nasdaq-listed Blockchain Technology Consensus Solutions (BTCS) is joining the Russell Microcap Index, giving the Ethereum-focused firm greater exposure among investors who track the benchmark for smaller U.S. companies. The Maryland-based firm announced earlier this month a $100 million funding plan to acquire more ETH for its balance sheet. The firm says it runs blockchain operations […]
Ethereum scaling network Arbitrum’s token ARB is gaining on Wednesday as speculation swirled that the network could be next where PayPal’s U.S. dollar stablecoin PYUSD will be deployed. The network was recently added to PayPal’s cryptocurrency terms and conditions webpage as a supported chain for PYUSD, alongside Ethereum and Solana SOL where the token is […]
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3701.0, up 2.7% (+97.31) since 4 p.m. ET on Tuesday. Nineteen of 20 assets are trading higher. Leaders: LINK (+4.5%) and HBAR (+4.4%). Laggards: ICP (-0.4%) and SUI (+0.6%). […]
What to know: XRP rose 1.79% from $2.89 to $2.95 between July 15 13:00 and July 16 12:00, after dropping as low as $2.84 early in the session. Trading volume spiked to 134.08 million during the initial decline, with strong buy-side absorption near $2.84–$2.85. In the final hour, price rebounded from $2.94 to $2.95 on […]
José Fernández da Ponte, formerly the head of blockchain at PayPal, has left the fintech giant, where he oversaw the roll-out of digital currencies and stablecoins, to become president and chief growth officer of the Stellar Development Foundation (SDF). The foundation also said it appointed Jason Karsh, a former Block and Blockchain.com executive, as chief […]
Bitcoin project Roxom is preparing to launch a bitcoin (BTC)-denominated stock exchange. Roxom will debut the new exchange in September with a waitlist now open for early access, according to an emailed announcement shared with CoinDesk on Tuesday. The San Francisco-based project said the exchange will “reflect the Bitcoin white paper’s original vision of a […]
AI is no longer an emerging technology. It’s here, and it’s becoming the bedrock of modern civilization. Just as electricity transformed the 20th century and the Internet transformed the 21st, AI is reshaping how we work, govern, and live. Soon, every major institution, from hospitals to the military, will integrate AI into their core operations, […]
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3578.43, down 1.3% (-47.45) since 4 p.m. ET on Monday. Two of 20 assets are trading higher. Leaders: SUI (+3.4%) and XLM (+2.2%). Laggards: BCH (-3.1%) and POL (-2.8%). […]
Dakota, a crypto-integrated banking platform for businesses, has raised $12.5 million in a Series A round to expand its borderless banking services, the firm said on Tuesday. The investment was led by CoinFund, with participation from 6th Man Ventures and Triton Ventures. The announcement comes at a time when stablecoins, or cryptocurrencies tied to an […]
Boundless, the decentralized zero-knowledge (ZK) compute marketplace powered by RISC Zero, has launched its incentivized testnet (which it is calling “Mainnet Beta”) on Base, Coinbase’s Ethereum layer-2 network. With Boundless’ incentivized testnet, developers can build and test applications in an environment as if the protocol is in fully live format. The network has already landed […]
Grayscale Investments said it confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), a filing that signals plans for an initial public offering (IPO). The asset manager didn’t disclose details of the submission and said the registration is expected to take place after the SEC completes its review process, […]