Cryptocurrency
Kraken Meets SEC to Discuss Tokenisation of Traditional Assets –
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Key TakeawaysAttendees included representatives from Payward, Inc. and Kraken Securities LLC, along with two lawyers from Wilmer Cutler Pickering Hale and Dorr LLP.The issues reportedly discussed included the structure of a tokenised trading system, how transactions would be processed,...
Cryptocurrency
Crypto liquidations hit $900M as Bitcoin sheds Jackson Hole gains
Around 200,000 traders have been liquidated to the tune of more than $900 million over the past 24 hours as Bitcoin fell to a seven-week low — decimating its gains after the Federal Reserve chair signaled interest rate cuts...
Cryptocurrency
Asia Crypto News: BTC Fragility and ETH Rotation Signal Market Bracing for Consolidation Without New Liquidity
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see...
Startups
Road to Battlefield: Central Eurasia’s largest startup competition in history sends four winners to TechCrunch Startup Battlefield | TechCrunch
The startup ecosystem in Central Eurasia is having its moment. What started as 485 applications from across 27 countries — including Armenia, Azerbaijan, Estonia, Georgia, India, Kazakhstan, Kyrgyzstan, Mexico, Moldova, Mongolia, Pakistan, Qatar, Romania, Singapore, South Korea, Spain, Tajikistan,...
Cryptocurrency
Citi Exec Raises Alarm;Warns Stablecoin Interest Could Trigger Trillions in Bank Outflows –
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Key TakeawaysCiti’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows similar to those of the 1980sThe GENIUS Act blocks stablecoin issuers from paying interest directly, but does not stop exchanges and affiliates from marketing...
Cryptocurrency
Ethereum Is Inches from History
Ethereum is in the news once more.At roughly $4,878 — just $100 below its peak from November 2021 — ETH’s comeback is stoking expectations for a possible altcoin season.Evidently, money is shifting from Bitcoin to Ethereum, and if past...
Cryptocurrency
Why Most NFT Projects Fail (And How to Spot the Good Ones)
A practical guide to cutting through the hype and finding real value in the world of digital collectibles.Press enter or click to view image in full sizeRemember that NFT project from a few months ago? The one with the...
Cryptocurrency
Global regulators pushes back against tokenized stocks in SEC letter: Report –
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Key TakeawaysThe WFE underlined that it was “alarmed” by the rapid growth of brokers and crypto platforms offering tokenised U.S. stocks.The group argued that tokenised stocks are often promoted as being equivalent to shares, despite lacking the rights and...
Cryptocurrency
UAE Mines Its Way to $712M Bitcoin Hoard—Now the No. 4 Government Holder on Arkham – Crypto News Bitcoin News
Arkham Intelligence says it has pinpointed bitcoin ( BTC) wallets tied to the United Arab Emirates (UAE), and according to the blockchain analytics firm, the UAE now ranks as the fourth-largest government holder of bitcoin flagged on Arkham’s platform....
Entrepreneurship
5 Benefits of Scaling Your Startup With Offshore Employees | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own.
I've built companies like SetSchedule and Rentastic across proptech, fintech, AI and insurance. I've sold businesses that generated billions in financial products and tens...