Speaking at CNBC’s Delivering Alpha event, Jenny Johnson discussed how digital assets are disrupting securitization and the financial markets. Securitization, a practice with over 50 years of history, is undergoing a dramatic transformation, believes Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers. During CNBC’s Delivering Alpha event, Johnson noted that...Continue Reading
Bitcoin tends to rally in October, possibly opening the door for MKR, AAVE, RUNE, INJ and other altcoins. After rising about 80% in the first two quarters of 2023, Bitcoin (BTC) fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly...Continue Reading
Microsoft is forming a new team of professionals to advance its artificial intelligence plans with Small Modular Reactors and microreactors. Tech giant Microsoft is apparently forming a new team to advance its artificial intelligence plans by hiring a professional to develop an energy strategy based on Small Modular Reactors (SMRs) and microreactor energy. According to a...Continue Reading
A synthetic asset represents real-world assets digitally, created and traded on blockchain networks, mirroring the value and behavior of its underlying counterpart. What are crypto synthetic assets? Blockchain-based financial instruments called crypto synthetic assets imitate the value and behavior of actual assets or financial instruments. Crypto synthetic assets, also known as “synthetic assets,” are a...Continue Reading
A significant portion of the 7,749 ETH, worth roughly $13 million, was directed toward the THORChain router and Railgun contract. According to recent information from Spot On Chain, an address linked to the FTX exploit identified as 0x3e9, has conducted transfers exceeding 10,000 Ether (ETH), worth roughly $17 million, across five different addresses since Sept....Continue Reading
This initiative also encompasses their comprehension of Sam Bankman-Fried’s remarks and conduct, particularly regarding FTX’s asset management. The Department of Justice (DOJ) has affirmed its plan to summon former FTX clients, investors, and staff as witnesses in the upcoming trial involving Sam Bankman-Fried, the former FTX executive. This will shed light on how these individuals...Continue Reading
The Ethereum co-founder proposes a solution that could lower the likelihood of any individual liquid staking provider growing to a point where it poses a systemic risk. Vitalik Buterin, the co-founder of Ethereum, has expressed worries regarding decentralized autonomous organizations (DAOs) exerting a monopoly over the selection of node operators in liquidity staking pools. In...Continue Reading
The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence. The United States Securities and Exchange Commission (SEC) has commenced legal proceedings against an accounting firm that had provided services tocryptocurrency exchange FTX prior to its bankruptcy declaration. According to...Continue Reading
Ether futures ETFs to debut in the United States, Sam Bankman-Fried’s trial to begin and 3AC co-founder Su Zhu arrested. Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the coming days. On Sept. 28, the firm told Cointelegraph that its...Continue Reading
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