New SEC boss Paul Atkins will transform crypto… but not right away
    13 Dec 2024
    417 Views

    President-elect Donald Trump has tapped pro-crypto businessman and former Securities and Exchange Commissioner Paul Atkins as the next chair of the regulatory agency under his administration, fulfilling his promise to replace current chair Gary Gensler and delighting the crypto industry. Here’s what we know about Atkins and the potential changes he could bring to the…

    Why tech giants like Amazon may hesitate to adopt Bitcoin
    13 Dec 2024
    312 Views

    Big Tech companies like Amazon have a large amount of cash on hand — $87 billion last year — which loses purchasing power as the currency evaluates. Washington DC-based think tank The National Center for Public Policy Research (NCPPR) has submitted shareholder proposals to adopt Bitcoin as a solution. However, whether tech giants would see major benefits…

    India preparing for a CBDC-driven economy — Central bank governor
    12 Dec 2024
    473 Views

    On his last day as the governor of the Reserve Bank of India (RBI), Shaktikanta Das shared his vision to transform India’s economy with a home-grown central bank digital currency (CBDC), the digital rupee. During the farewell speech on Dec. 10, Das highlighted his six-year-long effort to capitalize on new technologies, including setting up the RBI Innovation…

    DeFi growth boosts oracle market competition — RedStone co-founder
    12 Dec 2024
    242 Views

    As decentralized finance (DeFi) continues to grow, the demand for oracles — key tools that connect blockchains to real-world data — is surging. Established providers such as Chainlink face increased competition from emerging players as decentralized applications (DApps) require more efficient data delivery solutions. Marcin Kaźmierczak, co-founder and chief operating officer of RedStone, discussed trends…

    Beam Foundation to debut $150M gaming fund in Abu Dhabi
    12 Dec 2024
    726 Views

    The Beam Foundation has disclosed plans for an upcoming venture fund in Abu Dhabi targeting blockchain gaming projects. According to a Dec. 11 announcement, the fund will launch in the first half of 2025 and manage $150 million in capital backed by local investors. The fund’s investment thesis is primarily focused on blockchain-based games and…

    Venture firm DNA launches desk for tokenized equity in startups
    11 Dec 2024
    289 Views

    Venture capital firm DNA Holdings has launched a deal desk for tokenized investments in blockchain-based projects. The desk targets high-net-worth investors — a term used to describe individuals with liquid assets of at least $1 million — but is also available for other venture firms seeking opportunities in the Web3 space. The platform runs on…