Two bills that would allow the US state to invest in digital assets have cleared both legislative chambers and now await Governor Katie Hobbs’ decision. Senate Bill 1025, the Arizona Strategic Bitcoin Reserve Act, and Senate Bill 1373, establishing a Digital Assets Strategic Reserve Fund, would authorize the state treasurer and retirement system to invest…
The decision follows days of backlash on Reddit, X, and elsewhere, where users had labeled ChatGPT’s tone as disingenuous and manipulative. The decision follows days of backlash on Reddit, X, and elsewhere, where users had labeled ChatGPT’s tone as disingenuous and manipulative. Artificial Intelligence Decrypt
Libre, a tokenization firm that works closely with the likes of hedge fund Brevan Howard, investment management firm Hamilton Lane and Nomura’s digital assets unit Laser Digital, plans to tokenize $500 million worth of Telegram debt as the blockchain-based Telegram Bond Fund (TBF) on the TON network that’s linked to the messaging platform. TBF will…
BlackRock is preparing to bring blockchain to the back office of one of its largest funds, filing to offer a digital share class of its $150 billion Treasury Trust money market fund through BNY Mellon. The new “DLT Shares,” short for distributed ledger technology, won’t hold crypto. But BNY Mellon, the fund’s exclusive distributor, intends…
Libre and TON have launched a $500M tokenized fund for Telegram bonds, giving institutions access to $2.4 billion in debt. Libre and TON have launched a $500M tokenized fund for Telegram bonds, giving institutions access to $2.4 billion in debt. , DeFi Decrypt
Bitcoin continues its gradual recovery, currently trading above the $94,000 level at the time of writing. This upward trend follows a recent correction that pushed prices down earlier this month. Despite the recent gains, Bitcoin remains about 12.7% below its all-time high set in January. While investors monitor price resistance levels around the psychological $100,000…
Telegram-linked blockchain project The Open Network (TON) has unveiled TON Factory, a new platform designed to accelerate the development and scalability of high-throughput applications like decentralized exchanges (DEXs) and blockchain-based games. In an April 30 post on Telegram, the project said TON Factory aims to help developers rapidly build and scale projects with modular components,…
Ethereum investors have shown some worrying trends as of late, with many prominent names, such as Galaxy Digital, disposing of substantial portions of their ETH holdings. In this article, we will review the latest trends on the matter, including who is selling and who is buying. The Sell-Offs CryptoPotato has repeatedly reported in recent weeks…
Key takeaways Approving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric Balchunas ETH dropped significantly in price after the launch of the ETFs last year, unlike spot Bitcoin ETFs, which saw new all-time highs just two months after…
PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin. PayPal said in an April 29 regulatory filing that the SEC concluded its investigation into PayPal USD (PYUSD) and wouldn’t be taking any action. The company said it received a subpoena from the SEC’s Division of Enforcement…
