Author: Admin-aX9d7
Citi Projects Stablecoin Market at $1.6T to $3.7T by 2030, Highlights Blockchain’s Rise in Banking Sector
In its April 2025 Global Perspectives and Solutions report, Citi Institute underscores the growing adoption of blockchain technology by banks and the public sector, spotlighting stablecoins and system modernization. The report forecasts the stablecoin market could reach $1.6 trillion by 2030 in its base case, driven by regulatory clarity and US dollar demand, potentially spurring […]
This content is provided by a sponsor. PRESS RELEASE. Singapore, 28 April, 2025 – As Layer 2 scaling solutions remain a focal point of industry discourse, Sonic presents a fundamental shift in blockchain architecture. HTX Research has announced the release of its latest report, “Sonic: A Model for the New DeFi Paradigm” The report dives […]
Sony subsidiary and Startale join forces to build new blockchain for global Web3 infrastructure
Sony Network Communications, a subsidiary of the Japanese conglomerate, has announced a partnership with Startale Labs to develop a new blockchain network, according to a Sept. 12 press statement shared with CryptoSlate.The two companies entered into a joint venture agreement for the purpose, and the goal is to make the new blockchain the backbone of global Web3 infrastructure.With Sony Networks focusing more on telecommunications and the Internet of Things, the partnership with Startale provides the much-needed expertise on blockchain technology. Startale is a Singaporean company with expertise in Web3 infrastructure and the development of innovative products necessary for Web3 adoption.…
In brief Senators Warren and Schiff urged the Office of Government Ethics to look into the Trump Dinner The letter cites risks of foreign payments through anonymous crypto investments to gain influence The TRUMP token has steadily ticked upwards since the dinner’s announcement Senators Elizabeth Warren (D-MA) and Adam Schiff (D-CA) demanded an ethics investigation on Friday into President Trump’s invitation, which offered top holders of his meme coin an “intimate, private dinner” at his golf club.These actions raise “grave ethics and legal concerns, including the severe risk that President Trump and other officials may be engaging in ‘pay to…
Semler Scientific Boosts Bitcoin Stash to $314M as Chairman Says Doubters Can Sell Stock
Medical device company Semler Scientific—which trades on the Nasdaq—now holds 3,303 Bitcoin after its latest buy.
Cantor Fitzgerald spearheads $3B move into Bitcoin with Tether, SoftBank, and Bitfinex
[Update: 21 Capital has since confirmed its launch with Jack Mallers as CEO.]Cantor Fitzgerald is reportedly stepping into the Bitcoin investment arena with plans to launch a $3 billion digital asset venture, Financial Times reported on April 23.The initiative is backed by heavyweight partners, including stablecoin issuer Tether, SoftBank, and crypto platform Bitfinex.21 CapitalThe venture, named 21 Capital, will use $200 million in seed funding secured by Cantor Equity Partners in January.Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, leads the effort. The company aims to mirror the Bitcoin-focused process that turned MicroStrategy, now rebranded as Strategy, into a…
Sun 27 Apr 2025 ▪ 3 min read ▪ by Fenelon L. Investors are withdrawing their bitcoins from major exchange platforms at an unprecedented pace. This phenomenon, observed in recent days on Binance and Coinbase, could signal a scarcity of supply and potentially impact the BTC price. In Brief More than 35,000 BTC (valued at $3.3 billion) have left Binance and Coinbase in recent days. Binance recorded its third largest historic net outflow on April 25. These massive outflows suggest institutional accumulation and a possible upcoming supply shortage. A Massive Exodus of Bitcoins from Major Platforms Binance, the global leader…
The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets.Under the partnership, World Liberty will help the Council launch regulatory sandboxes to test blockchain-based products, expand stablecoin applications for remittances and trade, explore real-world asset tokenization, and assist with the growth of decentralized finance protocols, local news outlet Business Recorder reported on April 27.World Liberty founders Zach Witkoff, Zak Folkman and Chase Herro signed the letter in a recent meeting with the Council’s CEO Bilal bin Saqib,…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…