HSBC has successfully completed its inaugural blockchain-based issuance of a digitally native structured product, utilizing tokenized U.S. dollar-denominated notes in a private placement for institutional investors in Hong Kong. The pilot transaction, facilitated by HSBC in collaboration with Asia-Pacific digital …
HSBC completes first tokenized structured product pilot for institutional investors Read More »
AKT price is currently at a critical juncture, stuck between $0.501 support and $0.543 resistance, with the 200-day EMA at $0.600 still eluding the bulls. AKT Price Recovery Still Needs Confirmation The journey so far has been turbulent for AKT. …
AKT Price Faces Key Test as Akash Homenode Enters Beta Read More »
The total value of Ether bridged to Robinhood’s new layer-2 blockchain surpassed $70 million in just the initial week, as reported by Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network utilizing $ETH as its native gas token, was unveiled …
Robinhood Chain sees over $70M in ETH bridged during first week Read More »
Hashdex has announced that it will cease trading its DEFI Bitcoin ETF after the close on August 17, providing investors with a final opportunity to exit before the fund is liquidated. Investors who remain after trading concludes will receive cash …
This spot Bitcoin ETF only logged six inflow days ever Read More »
TL;DR: Morpho Midnight is a security-focused credit protocol emphasizing simplicity, immutability, and noncustodiality. The protocol is compact, with just 1,100 lines of code, featuring fixed-rate, fixed-maturity credit primitives, immutable contracts, scoped governance, and no ability to pause, alter, or upgrade …
After months of dealing with sellers, the CAKE price may be starting to see a shift in balance according to the latest supply distribution data. While some large address cohorts are still dumping, there has been a sudden spike in …
CAKE Price Eyes $2.40 as Distribution Shows Demand Shift Read More »
BitMEX saw a significant amount of XBTUSD contracts open on Aug. 10, totaling 39,449,400 contracts before its upcoming closure. The exchange will no longer allow new positions to be opened starting on Aug. 26, with all remaining positions set to …
Digital Broker Robinhood’s New Chain Boosts Ethereum-Based Network Arbitrum Robinhood’s latest venture into the world of blockchain technology has not only been successful for the digital broker itself but has also had a positive impact on Ethereum-based network Arbitrum. The …
Arbitrum jumps 19% benefitting from Robinhood’s $568 million onchain trading frenzy Read More »
Berkshire Hathaway, headquartered in Omaha, experienced a decrease in its significant cash reserves for the first time in over three years, despite soaring profits. The conglomerate reported a net income of $25.67 billion for the second quarter, more than double …
Berkshire Hathaway Cash Reserves Decline for First Time in Years Amid Surging Profits Read More »
Situational Awareness has made a significant investment of $500 million in Source Foundry, a startup focused on developing innovative equipment to address bottlenecks in advanced semiconductor manufacturing. This week, the hedge fund injected an additional $400 million into the company, …
Hedge Fund Situational Awareness Commits $500,000,000 to Source Foundry Chip Startup Read More »
