Cryptocurrency Innovations 47 | MachinaTrader.com

Cantor Fitzgerald CEO Howard Lutnick Praises Tether Stablecoin and Bitcoin, Highlights Potential Benefits for Currency-Collapsing Countries

Howard Lutnick, the CEO of Cantor Fitzgerald, has expressed his admiration for Tether, a stablecoin issuer, stating that he is a “big fan” of the company. Lutnick revealed that he holds Tether’s treasuries, which currently amount to over $90 billion. Cantor Fitzgerald has been managing Tether’s multi-billion dollar Treasury portfolio for several years, despite other […]

Coinbase Launches Project Diamond to Streamline Institutional Investment in Digital Assets

Coinbase and its asset management division, Coinbase Asset Management, have launched Project Diamond, a platform that enables institutional investors to create, buy, and sell digital assets. The platform, developed using Coinbase’s advanced technology stack and layer-2 blockchain, Base, aims to streamline operations and enhance efficiency in institutional capital market activities involving digital assets.Project Diamond has […]

Chainlink’s Price Feeds Integrated into zkSync Era to Enhance Layer-2 Capabilities

Chainlink’s price feeds have been integrated into zkSync Era, a layer-2 network backed by Matter Labs. This integration was made possible through the Oracle blockchain’s SCALE program, which enables access to Chainlink’s price feeds for layer 1 and 2 networks. Chainlink’s price feed is a crucial tool that connects smart contracts with real-world data, such […]

Terraform Labs Co-Founder to Remain in Montenegrin Custody Until February

Terraform Labs co-founder Do Kwon is expected to be extradited to the United States to face criminal charges. He will remain in Montenegrin custody until February, as requested by authorities from the U.S. and South Korea.Kwon, a South Korean national, was arrested in Montenegro in March for using falsified travel documents and was sentenced to […]

Crypto Tycoon Do Kwon’s Custody Extended in Montenegro Amid Extradition Battle

Terraform Labs co-founder Do Kwon’s custody in Montenegro has reportedly been extended by two months, according to a spokesperson for the High Court. Kwon, along with Terraform Labs CFO Han Chang-joon, was arrested in March for traveling with forged documents. While Kwon’s four-month sentence is coming to an end, he will not be released as […]

Swiss Digital Exchange Tokenizes Private Shares on Regulated Blockchain

The Swiss digital exchange SIX Digital Exchange has tokenized private shares of Aktionariat AG on its regulated blockchain-based central depository. According to a statement released on Tuesday, the Bern Cantonal Bank (BEKB) acted as the issuer agent for Aktionariat and also served as the custodian.This transaction demonstrates that shares issued as register value rights on […]

El Salvador’s Bitcoin Bonds Approved for Launch as Visa Program Attracts $153 Million

El Salvador’s Bitcoin bonds have received regulatory approval and are set to launch in the first quarter of 2024, according to the country’s National Bitcoin Office. The bonds, known as the Volcano Bond, are seen as a significant step towards establishing Bitcoin-focused capital markets in the country. The trading activities of the bonds will be […]

El Salvador’s Bitcoin Bonds Set to Launch in Early 2024

El Salvador has received regulatory approval for its long-awaited Bitcoin bonds, also known as “Volcano Bonds.” The bonds are expected to launch in early 2024, according to the National Bitcoin Office of El Salvador. The approval was granted by the Digital Assets Commission. The country’s pro-Bitcoin leader, Nayib Bukele, also confirmed the news on social […]

Uniswap Expands to Bitcoin Network Through Rootstock Integration

Decentralized exchange Uniswap has successfully expanded its operations to the Bitcoin blockchain by integrating with the Rootstock sidechain. This integration is a significant milestone for both Uniswap and Bitcoin, as it opens up new possibilities for decentralized exchanges on the flagship blockchain.The deployment of Uniswap version 3 on Rootstock was led by GFX Labs, the […]

Coinbase Lists SEAM, the First Base Layer 2 Token, Boosting Seamless Protocol’s DeFi Access

Coinbase has announced the listing of SEAM, the governance token of Seamless Protocol, on its platform. This makes SEAM the first Base Layer 2 token to be listed on Coinbase. Seamless Protocol is a decentralized lending and borrowing protocol that aims to expand access to decentralized finance (DeFi) by offering lower-collateral borrowing and focusing on […]