The US Senate has confirmed crypto-friendly lawyer Mike Selig as the new chair of the Commodity Futures Trading Commission and has elevated Travis Hill to chair the Federal Deposit Insurance Corp. The two confirmations were […]
Nasdaq plans to place tokenized and traditional securities on the same order book. Settlement would still run through DTCC systems despite blockchain integration. Industry responses are split as regulators assess legal and operational risks. The […]
Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole, warns that Bitcoin could head well under $50,000 if it isn’t quantum-resistant by 2028. Quantum computing’s potential threat to the crypto industry has […]
Databricks CEO, Ali Ghodsi speaks on CNBC’s Fast Money on Dec. 17, 2024. CNBC Databricks said Tuesday that it’s raising $4 billion in a funding round that would value the data analytics software company at […]
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit […]
A group of crypto organizations has pushed back on Citadel Securities’ request that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks. Andreessen Horowitz, the Uniswap Foundation, along […]
Mike Selig is positioned to replace Acting Chair Caroline Pham at the CFTC if confirmed. The CFTC has already expanded crypto oversight through collateral approvals and spot trading permissions. Travis Hill’s confirmation would formalise his […]
Key Takeaways The PYTH Network introduced PYTH Reserve to use protocol revenue for monthly PYTH token purchases, directly tying product adoption to network value. PYTH Reserve resources scale with revenue and are governed by structured […]
Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down. Tether said on Friday that it submitted […]
Lululemon announced Thursday its CEO Calvin McDonald will step down effective Jan. 31 following more than a year of underperformance at the athleisure company. The company’s board of directors is working with a “leading executive […]
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