Florida’s elected chief financial officer and fire marshal Jimmy Patronis says his letter follows Donald Trump’s plans for a national stockpile of Bitcoin. Read More at https://cointelegraph.com/news/florida-state-cfo-wants-bitcoin-included-state-pension-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
RWA sector could reach $600B in next five years: BCG
A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years. Read More at https://cointelegraph.com/news/real-world-asset-tokenization-sector-six-hundred-billion-aum-five-years-bcg?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin approaching new all-time high still hasn't woken up retail investors
Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week. Read More at https://cointelegraph.com/news/bitcoin-near-new-all-time-high-low-retail-investor-interest-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Alphabet jumps 6% on Q3 earnings as CEO says AI bet is ‘paying off’
Alphabet and Google CEO Sundar Pichai said its AI business is “paying off” as the tech giant’s share price surged after the bell as it beat Wall Street estimates. Read More at https://cointelegraph.com/news/alphabet-google-q3-earnings-artificial-intelligence-bet-paying-off?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
dYdX lays off 35% of staff shortly after major Consensys cuts
The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees. Read More at https://cointelegraph.com/news/dydx-lays-off-thirty-five-percent-workforce-after-consensys-cuts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DWF Labs partner stood down after drink-spiking allegations
A waitress at a Hong Kong bar allegedly spotted the DWF Labs partner drugging the victim’s drink while attending the bathroom — an accusation she claims is backed by CCTV footage. Read More at https://cointelegraph.com/news/dwf-labs-partner-dismissed-after-allegedly-drugging-job-applicant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury strategy for financial inclusion mentions digital assets
Lael Brainard credited Vice President Kamala Harris, who is campaigning to be the next US President, with helping expand “access to capital, credit, and economic opportunity.” Read More at https://cointelegraph.com/news/united-states-treasury-strategy-financial-inclusion-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle raises USDC cash-out fees, affecting large-scale redemptions
The fee structure revision primarily affects institutional investors and high-volume traders. Read More at https://cointelegraph.com/news/circle-raises-usdc-cash-out-fees-affecting-large-scale-redemptions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin hits $73.6K as fundamentals suggest new all-time highs are programmed
Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace. Read More at https://cointelegraph.com/news/bitcoin-hits-73-6-k-as-fundamentals-suggest-new-all-time-highs-are-programmed?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
President Biden thanks Nigerian President for Binance exec’s release
A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February. Read More at https://cointelegraph.com/news/president-biden-nigerian-president-release-binance-tigran-gambaryan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound