The Big News
While many decentralised finance (DeFi) projects have a large contingent of French engineers in their ranks, few "bluechips" have established themselves in the industry like Morpho in recent months. Nevertheless, Usual seems to be following the same trajectory. The decentralised stablecoin issuer has raised $10 million in Series
The Big News
Payment is decidedly a hot market for crypto players. The launch of the Safenet network by Safe, a leading provider of Smart Wallets for crypto institutions, is yet another example of this. Presented on 3 December as a "decentralised transaction processor network", Safenet's aim is simple:
The Big Analysis
What you need to know 🐳 Aptos was created by former Meta (formerly Facebook) engineers who had worked on the Libra project, originally known as Libra. Libra, announced in 2019, aimed to create a digital asset accessible to everyone, regardless of their location or financial situation. However, despite being renamed Libra
bitcoin
* Crypto miner Marathon Digital has spent over $600 million to purchase Bitcoin in the last two months. * MARA Holdings acquired 6,484 Bitcoin between Oct. 1 and Nov. 30 for $618.3 million. * MARA Holdings plans to offer $700 million in convertible senior notes to purchase more Bitcoin. * MARA Holdings
cryptocurrency
* XRP has surged to a price of $2.74, the highest since January 2018, and has gained over 400% in the last 30 days. * The surge in XRP is attributed to the anticipation of regulatory clarity and the potential for spot XRP ETFs. * XRP has surpassed Tether in market capitalization,
bitcoin
* Wyoming company debanked by Mercury, a banking platform, without clear cause * Debanking is part of a systemic effort to suppress Bitcoin businesses * Regulators exploit centralized banking choke points to isolate Bitcoin from traditional financial system * Debanking stifles innovation and undermines fairness in financial services * Congress must launch investigations, hold regulators
bitcoin
* Global Ethereum-based funds registered $634 million in net inflows, reaching a new annual record. * U.S. spot Ethereum ETFs led the flows, adding $466.5 million. * Analysts argue that the recent inflection in Ethereum ETF inflows makes ether's risk-reward look attractive. * Ethereum outpaced Bitcoin in inflows at high
The Big News
5 December 2024 will go down in the history of the financial markets. For the first time, Bitcoin broke the symbolic $100,000 barrier. This figure, long seen as a fantasy or an unrealistic prophecy, now reflects a profound change. Bitcoin is no longer the marginal asset reserved for the
bitcoin
* Bitcoin is both a medium of exchange (MoE) and a store of value (SoV). * SoVs and MoEs are conceptually inseparable and have always coexisted throughout history. * Bitcoin is used for trillions of dollars worth of transactions annually. * Bitcoin is held on exchanges to facilitate trading, proving its functionality as a
ceo
* Amar Kuchinad appointed as Copper's new global CEO, replacing Dmitry Tokarev. * Kuchinad will focus on strengthening Copper's U.S. presence and leading global growth strategy. * Kuchinad previously worked at Credit Suisse, Goldman Sachs, and SEC. * Copper secured a TCSP license in Hong Kong for global expansion.
bank
* The Financial Crimes Enforcement Network (FinCEN) alleges that TD Bank failed to report suspicious activity from an unnamed customer group involved in international cryptocurrency transactions. * TD Bank processed over 2,000 transactions from "Customer Group C," misrepresenting their activity and processing over $1 billion in transactions. * Customer Group