Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits
Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users’ deposits are protected up to the value of $250,000.Source
Metaplanet Raises $66 Million Through Stocks Acquisition Rights Program
MetaPlanet completes its 11th series of stock acquisition rights, with Evo Fund securing a 14.9% ownership stake after exercising its stock acquisition rights.Source
Paul Tudor Jones: ‘All Roads Lead to Inflation;’ He’s Long Bitcoin and Gold
The U.S. government’s debt and deficit issues aren’t going anywhere no matter who wins the presidency next month, said Jones.Source
Tokenization Could Pose Risks to Financial System, FSB and BIS Warn
The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology’s interaction with legacy systems.Source
CoinDesk 20 Performance Update: HBAR Drops 3.5%, Leading Index Lower From Monday
NEAR Protocol was also among the underperformers, falling 2.9%.Source
Scroll’s SCR Token Debuts at $212M Market Cap in Volatile Trading Session
Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million.Source
Solana’s Crypto-Governance Hub Realms Is Under New Management
The project is spinning out of Solana Labs and its new leaders want to turn a profit.Source
Ripple Co-Founder Larsen Flooding Kamala Harris’ Election Effort With XRP
Ripple co-founder and Executive Chairman Chris Larsen said he’d added another $10 million in the Ripple-tied token {{XRP}} in an effort to boost Vice President Kamala Harris as the Democrat faces off against former President Donald Trump in next month’s election.Source
Chainlink Partners With Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain
Automating and standardizing corporate actions data could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, the report said.Source
U.S. Election Betting: Kalshi’s Polymarket Rival Quickly Gets Traction
In just three weeks, Kalshi’s presidential prediction market has passed $30M in volume. It still trails Polymarket’s $2 billion.Source