LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows
Avalanche’s low transaction fees and consistency were cited as reasons for picking that chain.Source
Archive for month: October, 2024
The Shopification of Wealth
Just as Shopify democratized e-commerce, enabling millions to open online stores, on-chain rails are poised to lower the barriers to entry in the financial advisory business, says Miguel Kudry.Source
For Millennials, Bitcoin Is the New Real Estate
Bitcoin represents a new frontier for wealth accumulation among younger generations. Instead of pursuing increasingly expensive real estate, younger investors might consider allocating funds to bitcoin, says Cyrus Ip, head of content, Bybit.Source
State Street Works on Tokenized Bond and Money Market Fund; No ‘Current Plans’ for Stablecoin Project
Tokenized collateral could have helped avoid or lessen the 2022 “liability-driven” crisis, Donna Milrod, chief product officer said in the interview with Financial News.Source
CoinDesk 20 Performance Update: APT Drops 2.4%, Leading Index Lower
Chainlink also underperformed, falling 2.1%.Source
India’s Crypto Discussion Paper on Hold Due to Other Priorities
India’s planned discussion paper outlining its policy stance on cryptocurrencies has been held up due to other priorities, two people familiar with the matter told CoinDesk.Source
Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In
Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn’t get the memo.Source
Former Bitcoin Dev Peter Todd Denies He’s Satoshi Hours Before HBO Documentary Airs
“Of course I’m not Satoshi,” Todd told CoinDesk Tuesday, saying that filmmaker Cullen Hoback was “grasping at straws.”Source
Crypto’s Token Lockup Orthodoxy Is a Scam
Today’s prevailing token distribution model is fundamentally broken, says Christopher Goes, co-creator of Anoma and Namada.Source