39 US Banking Groups Are Building Their Own Stablecoin Blockchain
A coalition of 39 state bankers’ associations formed BankChain Alliance on Tuesday to build an industry-owned blockchain network for stablecoins, tokenized deposits, and automated settlement. The same group also spent July pressing senators to tighten stablecoin yield rules in the CLARITY Act. BankChain Alliance Targets a 2027 Launch BankChain Alliance…
Onchain Structured Products Infrastructure City Protocol Raises $11M Across Seed and Pre-A Rounds, Backed by Dragonfly, CMT Digital and Mirana
City Protocol, an onchain structured products infrastructure provider, has announced the completion of its seed and Pre-A funding rounds, raising $11 million in total from Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, Mirana and others. City Protocol is building integrated infrastructure for the issuance, operation and distribution of…
Owning a Whole Bitcoin Is 70-Times Rarer Than Being a Millionaire
River data shows a whole bitcoin is rarer to own than being a millionaire worldwide.
Nvidia Earnings Today: What Its Earnings Will Reveal About AI Bubble Risk
Nvidia's Q2 earnings today reveal whether AI spending is broadening or concentrated among a few giant buyers.
Grayscale’s Zcash ETF Starts Trading on NYSE Arca With a 2.5% Sponsor Fee
ZEC recently surged to an 8-year high. However, it has lost $100 since then.
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