Archive for month: July, 2023
Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.Source
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
he crypto-focused firm has also cut three members of its research and development staff.Source
U.S. Secret Service Seizes Funds From Bahamian Bank Deltec Amid Fraud Investigation
TktktktktkSource
Unpacking the Latest Lummis-Gillibrand Bill Draft
U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions smaller pieces of legislation should include.Source
Deadlines for U.S. Spot Bitcoin ETF Approvals Come Into Sight
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.Source
Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth
“I personally bought about a quarter of the new Telegram bonds,” said Pavel Durov, the CEO of the popular but not-yet-profitable platform.Source
Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says
Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said.Source
Tokenize Everything: Institutions Bet That Crypto’s Future Lies in the Real World
Long one of crypto’s big ideas, tokenization may finally be ready for prime-time. Wall Street is diving in, creating tokens for a range of real-world assets. One advantage: relatively little regulatory scrutiny. Jeff Wilser reports.Source
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Thursday’s rally to a new 13-month high of $31,800 has now more than been fully nullified.Source