Japan’s leading securities firms are setting their sights on the expanding digital asset arena within the nation, crafting detailed strategies ready to …
Finance
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Finance
Susquehanna-backed Blockfills up for sale after $75 million lending loss
by shayaanby shayaanBlockfills, the crypto lender backed by trading giant Susquehanna, has incurred losses of around $75 million during the recent market downturn, according …
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Finance
Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’
by shayaanby shayaanNeel Kashkari, president of the Federal Reserve Bank of Minneapolis, offered a blunt take on digital assets, arguing that cryptocurrencies, including bitcoin …
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Finance
Anchorage Digital offers non-U.S. banks a stablecoin stand-in for correspondent banking
by shayaanby shayaanAnchorage Digital, the first crypto firm to get a U.S. banking charter, wants international banks to swap out correspondent banking relationships with …
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Finance
US trade deficit hits $902 billion in December, above forecasts and one of the largest on record
by shayaanby shayaanUS trade deficit data came in heavy for December. The Commerce Department said the monthly gap hit $70.3 billion. That was $17.3 …
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Finance
FED Member Neel Kashkari Makes More Controversial Statements About Cryptocurrencies: “Useless, Just Empty Talk”
by shayaanby shayaanNeel Kashkari, President of the Federal Reserve Bank of Minneapolis, questioned the practical benefits of cryptocurrencies and stablecoins in cross-border transactions during …
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Finance
Trump-linked World Liberty taps BlackRock-backed Securitize for hotel tokenization
by shayaanby shayaanWorld Liberty Financial is tapping real-world asset specialist Securitize to help tokenize loan interests tied to the Trump International Hotel and Resort …
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Finance
German Central Bank Plans to Launch a Euro-Penetrated Stablecoin! Here Are the Details
by shayaanby shayaanJoachim Nagel, President of the German Central Bank (Bundesbank) and member of the European Central Bank (ECB) Governing Council, said that issuing …
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Finance
Steve Ehrlich: Digital asset treasuries are trading at deep discounts, M NAVs reveal market valuation challenges, and Ethereum’s staking makes it a superior asset
by shayaanby shayaanKey takeaways Digital asset treasuries are companies holding crypto on their balance sheets, often trading at discounts. M NAV is a metric …
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Finance
Crypto VC funding surging again sounds like a rally, until you trace where the money actually lands
by shayaanby shayaanDragonfly Capital closed its fourth fund at $650 million this week, the same size as its 2022 vehicle, raised into a venture …