Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
    14 Nov 2024
    63 Views

    Mike Novogratz, the founder of crypto investment and research firm Galaxy Digital, believes there is a “Low probability” that President-Elect Trump will establish a Bitcoin strategic reserve during his term. In an interview with Bloomberg TV, the Galaxy Digital CEO explained that he expects a clash between the different branches of government to obstruct the…

    Crypto firms push for SEC changes, crypto out of courts
    14 Nov 2024
    90 Views

    With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies. Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes…

    Interoperability pushed to new heights on Polkadot with protocol launch
    13 Nov 2024
    76 Views

    Hyperbridge, a long-awaited protocol for crosschain applications, launches its mainnet on Polkadot. Contrary to traditional finance, blockchain space is ripe with networks that can’t communicate with each other on their own. The lack of native interoperability between blockchains has long been an obstacle that prevents asset and data transfer across chains. Interoperability is key to crafting a…

    DeFi Technologies launches SolFi as “Microstrategy for Solana”
    13 Nov 2024
    85 Views

    DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi designed to be a “Microstrategy for Solana”, according to a Nov. 12 announcement. SolFi is a spin-off of DeFi Technologies focused entirely on “providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments,” DeFi Technologies said….

    PayPal USD links with LayerZero for transfers between Ethereum and Solana
    13 Nov 2024
    92 Views

    PayPal’s United States dollar-pegged stablecoin, PayPal USD has integrated with the cross-blockchain bridging protocol LayerZero to enable transfers between Ethereum and Solana. In a Nov. 12 statement, LayerZero said that PYUSD now uses its Omnichain Fungible Token (OFT) Standard to enable the crosschain transfers, which will “enable users who self-custody their tokens to seamlessly transfer assets…

    ‘Defanging the SEC’ may turbocharge US economy: Cathie Wood
    12 Nov 2024
    83 Views

    ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge the economy and bring about an influx of innovation and investment in emerging technologies. “Deregulation, defanging the SEC, FTC, and others, government spending cuts, tax cuts, and a focus on technologically…