Archax to Launch Regulated Exchange for Tokenized Assets This Year
The company also said it tokenized an abrdn market fund in euros, pounds and dollars and has a pipeline of several hundred million dollars to be held in the fund.
Financial
Cathie Wood’s ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Tops $34K
The fund also sold about $3.3 million worth of Coinbase shares (COIN) and bought $2.4 million shares of Robinhood (HOOD).
First Mover Americas: Bitcoin at $34.5K on ETF Excitement
The latest price moves in crypto markets in context for Oct. 24, 2023.
DYdX, Decentralized Crypto Exchange, Open Sources ‘V4’ Code for Upcoming Cosmos Chain
This marks the first step in initiation of the v4 upgrade, where the DEX is transitioning away from its layer-2 network atop Ethereum onto its own standalone blockchain.
Institutions Race for Bitcoin, Sending CME Open Interest to Record High
Open interest for the CME’s bitcoin product hit 100,000 BTC ($3.4 billion) for the first time ever.
Pepe Memecoin Burns $5.5M Tokens Prompting 31% Rise
The token burn comes after concerns were raised over the team’s multisig wallet in August.
Nym Technologies Attracts $300M in Crypto Fund Commitments for Privacy Infrastructure
The Nym Innovation Fund, with commitments from investors such as Polychain, KR1, Huobi Incubator and Eden Block, supports projects looking to safeguard privacy in the crypto ecosystem.
NASD Raises $3.3M Seed Round for Asset Issuer Chain Noble
Noble is an appchain built for native asset issuance in Cosmos and the boundless Inter-Blockchain Communication (IBC) ecosystem.
The Sam Bankman-Fried Trial: One Expert Witness
Bankman-Fried’s defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations.
Binance Again Seeks to Nix ‘Incendiary’ CFTC Suit
U.S. law “does not control the world,” said a court filing by the world’s biggest crypto exchange as the regulatory heat intensifies.