Deutsche Bank AG has announced its strategic push into blockchain technology as a potential remedy for the margin compression challenges facing the financial services industry, Bloomberg News reported on May 29. The German banking giant is participating in Singapore’s Project Guardian, an initiative led by the Monetary Authority of Singapore,…
The credit card company hopes to streamline transactions and limit user error through an alias credentialing system. Source link
Bitfarms said on May 29 that it rejected Riot Platform’s unsolicited acquisition proposal because the offer undervalued the company. The proposal, received on April 22, offered $2.30 per common share in a mix of cash and Riot common stock — amounting to a $950 million offer. Bitfarms’ Special Committee of…
The launch of Runes of Bitcoin and the emergence of OP-CAT could redefine the blockchain’s ecosystem as early as 2026. Source link
Crypto exchange Gemini said users of its now-defunct Earn product received $2.18 billion of their digital assets, according to a May 29 statement. These distributions amount to 97% of the total digital assets owed to Earn users, marking a significant recovery since the collapse of crypto lender Genesis, which halted…
Hashdex withdrew its application for a spot Ether exchange-traded fund on May 24, a day after the SEC gave eight similar financial products the green light. Source link
Quick Take The Hash Ribbon chart by Glassnode is a market indicator that identifies potential bottoms in Bitcoin’s price by analyzing miners’ behavior. Specifically, it suggests that Bitcoin reaches a bottom when miners capitulate, meaning mining becomes unprofitable relative to the costs. The key signal from the Hash Ribbon occurs…
From Eminem to Snoop Dogg, Drake and Tom Holland — a leaked price list suggests JENNER token ‘scammer’ claimed to provide access to them all. Source link
Stablecoins are a foundational part of the crypto market. Tracking their distribution across blockchains is essential for understanding the underlying trends in DeFi, as they represent the market’s liquidity. The total value locked (TVL) across all DeFi protocols currently stands at $107.427 billion. This TVL represents the dollar value of…
Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide. Source link