Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential.Source
NFT Inspect, which recently released a Chrome browser extension that analyzes NFTs used as Twitter profile pictures, is integrating MoonPay’s payment solutions.Source
Swift signed the sponsorship agreement worth as much as $100 million following more than six months of discussions.Source
Decentralized finance (DeFi) protocol Balancer has attracted several of its peers with a new tokenomics proposal dubbed the “8020 Initiative.”Source
Traders now see a 94% chance of the Fed raising rates by 25 basis points later this month.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for July 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
The racing-themed, 1,000-edition art NFT collection will give holders access to token-gated content, events and games celebrating the actor’s love of motorcycle racing.Source
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.Source
Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers.Source
The DEX said users can now trade bitcoin and ethereum on the public testnet.Source