Circle Chooses BNY Mellon to Custody USDC Reserves

Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC’s Primary Custodian Circle has chosen America’s oldest investment bank to custody the… Continue reading Circle Chooses BNY Mellon to Custody USDC Reserves

Published

Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users

Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion. The Metaverse Is Potentially an $8 Trillion to $13 Trillion Opportunity, Says Citi Citi… Continue reading Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users

Published

Building A Bitcoin Company As Bitcoin Becomes Mainstream Featuring Will Reeves

Will Reeves talks about the growth of his company, Fold, and how current Bitcoin products allow for a better user experience than in the past. Watch This Episode On YouTube Listen To The Episode Here: Apple Spotify Google Libsyn Rumble Overcast The hosts of the “Bitcoin Magazine Podcast” sit down with Will Reeves, CEO of… Continue reading Building A Bitcoin Company As Bitcoin Becomes Mainstream Featuring Will Reeves

Published

SEC Names Crypto an Exam Priority This Year

The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In this time of heightened market volatility, our priorities are tailored to focus on emerging issues, such as crypto assets,” said an official with the SEC Division of Examinations. Crypto Assets Among SEC Examination Priorities The… Continue reading SEC Names Crypto an Exam Priority This Year

Published

Sanctions Against Russia Pose A Conundrum For Bitcoin

Bitcoin is a free and open monetary network, accessible by anyone — which makes sanctions quite ineffective. Almost half of Russia’s $630 billion reserves have been seized by foreign governments since the invasion of Ukraine. It was relatively easy to do given modern financial infrastructure. The mainstream temptation is to react favorably to this move.… Continue reading Sanctions Against Russia Pose A Conundrum For Bitcoin

Published

Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability

Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications… Continue reading Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability

Published

Ten31 Partners With Seetee For Powerhouse Bitcoin Infrastructure Investment Initiative

Seetee will be the lead investment partner of Ten31 for Bitcoin-based projects, companies and founders while the two companies continue individual investments. Bitcoin investment companies Seetee and Ten31 have partnered to drive investments in Bitcoin infrastructure. The partnership will see Seetee become Ten31’s lead investment partner for Bitcoin-based projects, companies and founders. The two companies… Continue reading Ten31 Partners With Seetee For Powerhouse Bitcoin Infrastructure Investment Initiative

Published

Welcome to NovaTerra: Coorest’s Upcoming P2E Metaverse

PRESS RELEASE. NovaTerra is a Metaverse MMORPG featuring a play-to-earn model. The game is set in a post-apocalyptic future, where humanity has turned the planet into a barren wasteland. Following the planet-wide devastation, massive drought has made water an extremely scarce and valuable resource. The player character is a survivor who is helping to rebuild… Continue reading Welcome to NovaTerra: Coorest’s Upcoming P2E Metaverse

Published