KKR puts part of its $491 billion Private Equity fund on Avalanche blockchain

    US investment firm KKR & Co. has made its Health Care Strategic Growth Fund available on the Avalanche blockchain. The firm hopes that a tokenized fund will increase accessibility to individual investors. As The Wall Street Journal reported, investment giant KKR, which had $471 billion in assets under management at the end of 2021, is…

    Bitcoin should change … Slowly

    Reconsidering the first cryptocurrency’s slow-and-steady approach to development, as Ethereum’s “Merge” nears – writes Chris Castiglione on CoinDesk. Bitcoin is slow to change. Transaction speeds are too slow for a global payment system. The community is reluctant to embrace novelty. And the rate of new innovation, in comparison to nearly every other blockchain, is tortoise-like….

    Huobi delists Monero, Zcash and 5 more privacy coins due to regulatory concerns

    Crypto exchange Huobi Global said it will delist seven privacy tokens in the coming week, citing broader regulatory scrutiny of such tokens. The company claimed it is complying with regulations in different countries and regions. Privacy tokens lost 0.42% in 24 hours following the news. Spot and futures trading of the tokens was paused last…

    Starbucks to use Polygon for its NFT-based loyalty platform

    Using Ethereum scaling network Polygon, coffee chain Starbucks will launch The Starbucks Odyssey program that will give away NFT stamps to customers and employees and sell limited edition NFTs. The coffee giant plans to give out and sell digital stamps that can unlock perks like exclusive merch, private events, and trips. On Sept. 12, Starbucks…

    Dubai’s regulator grants provisional approval to Blockchain.com

    Blockchain.com, a London-based crypto exchange, has been granted provisional regulatory approval by the Virtual Assets Regulatory Authority (VARA) in Dubai. After granted provisions, institutional and retail clients can use the crypto platform in the UAE. Blockchain.com, via a blog post, stated that the organization is in the process of setting up a local office in…

    What will drive crypto’s likely 2024 bull run?

    Easing monetary policies, the decline of inflation, the change in Bitcoin’s mining difficulty, and growing confidence in DeFi are factors that point to a renewed surge for crypto prices, writes Cronos managing director Ken Timsit on Cointelegraph. Decentralized finance (DeFi) has seen tremendous growth since its inception, expanding by more than 1,200% in 2021 in…