Finance

Ondo Finance Unveils New RWA Tokenization Platform to Bring Stocks, Bonds and ETFs Onchain

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Ondo Finance, a leading tokenized real-world asset (RWA) issuer, has unveiled a new offering to accelerate the onboarding of traditional assets to blockchain technology. Ondo on Tuesday introduced Ondo Global Markets (Ondo GM), a platform dedicated to providing onchain access to stocks, bonds, and exchange-traded funds (ETFs). The specific details regarding which stocks, bonds, and … Read more

Bitcoin Technology Firm Blockstream Expands in Asia With New Tokyo Office

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Blockstream, the crypto company co-founded by legendary bitcoin (BTC) developer Adam Back, is expanding its global presence with the opening of a new office in Tokyo, the company said in a press release on Wednesday. The company will be partnering in the region with Diamond Hands, Japan’s leading Bitcoin strategic consultancy, and investment firm Fulgur … Read more

3 Worrying Developments for BTC Bulls That Suggest a Downside Break of $90K-$110K

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Since early 2023, Bitcoin (BTC) has chalked out a classic stairstep bull run, characterized by incremental price increases followed by periods of consolidation that set the stage for the next move higher. The cryptocurrency’s ongoing price consolidation between $90,000 and $100,000 is the third of the broader bull run from $20,000. The consensus is that … Read more

Bitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for Bitcoin Mining

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Bitcoin (BTC) mining company Bitdeer announced today that it had acquired a 101-MW gas-fired power plant near Fox Creek, Alberta, to build a “vertically integrated” BTC mining operation. “We are really excited about planting roots in Alberta, our first site in Canada. This acquisition is the culmination of extensive collaboration with multiple government agencies and … Read more

Regulation By Enforcement Is Out at CFTC, Acting Chair Pham Says

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U.S. Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham said Tuesday the regulatory agency has reorganized its enforcement division to “refocus” on fraud and “stop regulation by enforcement.” Under former Chairman Rostin Behnam, the CFTC’s Division of Enforcement had a variety of task forces, including one focused on insider trading, another focused on cybersecurity … Read more

SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force

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The U.S. Securities and Exchange Commission’s (SEC) newly-created Crypto Task Force is working to create long-awaited regulatory clarity for the crypto industry, according to a Tuesday statement from Commissioner Hester Peirce. Pierce, who was appointed by Acting Chair Mark Uyeda to spearhead the Crypto Task Force, laid out 10 of the group’s priorities, including resolving … Read more

Bitcoin OP_CAT Proposal Gets Boost From Taproot Wizards’ $30M Fundraise

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Taproot Wizards has raised $30 million with which it plans to build an ecosystem of applications using the OP_CAT Bitcoin improvement proposal (BIP). OP_CAT is a feature that Bitcoin’s pseudonymous founder Satoshi Nakamoto included in the software’s original code but which he/she/they removed out of concerns that it exposed it to risks such as denial-of-service … Read more

Acting SEC Chair Uyeda Names 3 Appointees to Agency’s New Crypto Task Force

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The U.S. Securities and Exchange Commission’s (SEC) Acting Chairman Mark Uyeda unveiled a list of the agency’s newly-appointed executive staff on Tuesday, including three members of the Crypto Task Force. Two of the task force’s appointees come from within the SEC’s ranks. Richard Gabbert, who formerly served as a counsel to crypto-friendly task force head … Read more