Crypto stocks across the board took a dive at Monday’s open after Bitcoin failed to maintain its early weekend momentum, but some are starting to rebound as the day goes on. At 9:45 am ET, Coinbase (COIN) fell 4% to $156.63. MicroStrategy (MSTR), the world’s largest corporate Bitcoin holder, dipped …
fintech
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In a recent exclusive interview with BeInCryto, Chen shared insights into the challenges facing the crypto wallet industry, noting that most wallets struggle to be profitable. She also revealed her vision for the future of wallets, describing a concept akin to “Amazon Web3,” and predicting that web extension wallets may …
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RWAs continue to experience growth led by tokenized U.S. Treasuries. BlackRock’s boasts a market value of over $500 million. The market value of on-chain real-world assets (RWAs), excluding stablecoins, continues to rise, representing continued investor interest in blockchain-based tokenization of traditional assets. Currently, total RWAs are worth more than a …
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England’s High Court of Justice ruled that Tether’s USDT stablecoin is property. The ruling comes as the government proposes a new classification of property that would specifically cover cryptocurrencies. The High Court of Justice for England and Wales said Tether’s USDT stablecoin, the largest by market cap, can be considered …
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Digital asset manager Grayscale today launched a new trust giving investors exposure to XRP, the seventh biggest cryptocurrency by market cap and the coin created by the founders of payments platform Ripple. In a Thursday announcement, Grayscale said that it believed the asset had the “potential to transform the legacy …
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Fintech bank Nubank has announced the suspension of trading for its cryptocurrency, Nucoin. This comes against a backdrop of scrutiny over the bank’s financial stability. Nubank’s Policy Change In a September 10 blog post, Nubank disclosed that effective immediately, Nucoin can no longer be bought or sold within its app. The …
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Paxos, a leading tokenization platform, will integrate Arbitrum, marking its first foray into the Ethereum layer-2 ecosystem, according to a Sept. 10 statement shared with CryptoSlate. This move aims to streamline institutional integration on Arbitrum for on-chain tokenization of real-world assets. Using Arbitrum, Paxos will tap into Ethereum’s liquidity, benefiting …
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As restaking continues to gain momentum, it is reshaping the security landscape of decentralized networks, offering innovative solutions to overcome the limitations of traditional Layer 1 blockchains and paving the way for broader adoption across the industry. This year, the restaking sector evolved from an emerging concept to a significant …
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The existing copy trading model suffered from pain points including misaligned incentives and unsustainable returns. Woo X wants to reduce the pressure on lead traders to always outperform the market with the introduction of a countertrade feature. Traders Are ‘Valuable Resource’ for Crypto Market: Analyst Coinbase Phasing Out ‘Coinbase Pro’ …
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Crypto holders in Europe will now be able to spend their crypto almost anywhere from the safety of their self-custodial wallets thanks to a new payment card from Mastercard. Mercuryo, a fintech platform for web3 firms, announced its collaboration with the payments provider on Thursday to launch “Spend” – a …