Saturday, October 10

Crypto

Robinhood Chain Relies on Uniswap as Liquidity Nears B

Robinhood’s partnership with Uniswap is helping the brokerage rapidly build liquidity on its new blockchain, potentially removing a key obstacle to attracting users and assets, according to Standard Chartered.In a recent note, Standard Chartered analyst Geoffrey Kendrick said Robinhood Chain…

Bitcoin Mining Capacity Shifts as AI Data Center Demand Grows

Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and infrastructure toward data centers and high-performance computing (HPC), in another sign of the sector’s evolution beyond creating more…

Trezor Reports Data from 14K Users Exposed Through Shipping Provider

Cryptocurrency wallet company Trezor reported a breach of personal data affecting about 14,000 users through its shipping provider, ShipMonk. Trezor’s Wednesday blog post said users who received its products from the US, UK, Sweden, Colombia, Brazil, Italy, and Portugal between May…

‘DeFi Doesn’t Exist Anymore’ Just Onchain Finance: Andre Cronje

Most decentralized finance (DeFi) protocols are no longer truly decentralized, according to Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network.“I don’t think DeFi exists anymore outside of those very small niches,” Cronje told Cointelegraph during…

Bitwise Says Protocol Revenue Could Reprice Crypto

Crypto valuations could at least double as protocols increasingly use revenue to fund token buybacks and burns, according to Bitwise Chief Investment Officer Matt Hougan. On Wednesday, Hougan said crypto outside of Bitcoin is becoming a revenue-driven market in which network…

ASX Shareholder Plans Lawsuit Over Failed Blockchain Project

An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue certain former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based clearing and settlement overhaul.On Wednesday, ASX said Rosherville Pty Ltd…

HashKey Adds HKDAP as Hong Kong Stablecoin Market Develops

Anchorpoint Financial, a Hong Kong-licensed stablecoin issuer, has added HashKey Exchange as an authorized distributor for its Hong Kong dollar stablecoin, HKDAP, potentially expanding access to the fiat-backed asset as Hong Kong’s regulated stablecoin market takes shape.The companies announced on…

FlightAware Drops Kalshi Lawsuit One Day After Filing

Just a day after real-time flight tracking website FlightAware filed a lawsuit against prediction markets platform Kalshi over use of its name and data, the flight data company gave notice of voluntary dismissal of the case. In a Tuesday filing in…

Bank of England Tests Stablecoin, Digital Pound Payments

The Bank of England’s Digital Pound Lab is testing whether stablecoins and a potential digital British pound can operate within the same cross-border payment flow as part of an experiment focused on trade finance.The experiment involves NOBO Finance, Dun &…

Kalshi Launches Sports, Crypto Perps Data Feed on DoubleZero

Prediction market Kalshi’s live order book is now available through data provider DoubleZero Edge’s dedicated fiber network, the two companies said in a Wednesday announcement shared with Cointelegraph.Kalshi said this makes it the first prediction market to distribute its real-time…

Binance Denies Plans to Drop RedotPay Case in Singapore

Binance and RedotPay are disputing whether a Singapore case related to their nearly $473 million Hong Kong legal battle is coming to an end.The stablecoin payments card issuer told Cointelegraph on Tuesday that it expects Binance to discontinue the Singapore…

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