Banking
Partnerships
Algorand partners with DWF Labs in $50M deal
Web3 investment firm DWF Labs said it is committed to supporting and developing the Algorand blockchain.
Adoption
HSBC’s Hong Kong customers can now trade Bitcoin, Ethereum futures ETFs
HSBC has expanded cryptocurrency exposure to its Hong Kong customers.
Analysis
$18.6B privacy sector up 9% leading crypto market over past 24hours
Privacy tokens spike higher amid tightening drives to clamp down on the sector.
Macro
Paul Tudor Jones cautious about buying more Bitcoin as macro narrative turns
Paul Tudor Jones is "sticking with Bitcoin," but wonders if falling inflation, AI development, and regulatory hostilities will dampen future price growth.
Opinion
Potential consequences of implementing universal basic income
UBI promises more equality, freedom, and happiness. But a dig deeper calls for skepticism around "free money."
Exchanges
VeChain pumps 11% on being added to Coinbase’s listing roadmap
VeChain and VeThor have been added to Coinbase's new asset listing roadmap, but their actual listing date is as yet unknown.
Technology
Algorand releases new protocol upgrade delivering quicker performance
The protocol upgrade quickens block times and delivers improved developer features.
Stablecoins
SAP opens testnet registration for cross border payments in stablecoins
SAP has opened a testnet of its USDC, EUROC stablecoin cross border settlement system.
Regulation
IMF warns banning crypto may not be an effective long-term strategy
The IMF said CBDCs present a more appropriate choice over crypto, particularly in Latin American and Caribbean countries.
Adoption
Twitter is buzzing with speculation over BlackRock’s motives as it moves toward crypto
The Bitcoin community has voiced suspicion over the asset manager's goals and motives.
Regulation
Singapore approves Ripple’s Major Payment Institution license application
Ripple said Singapore is poised to "reap the myriad benefits" that come with supporting digital asset technology.
Partnerships
Crypto community voices skepticism over OPNX x 3AC Ventures partnership
OPNX will partner with 3AC Ventures to develop the OPNX ecosystem, including moving towards decentralization.