JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest. The “OnChain Liquidity-Token Money Market Fund,” […]
Make CryptoSlate preferred on JPMorgan filed a prospectus on May 12 for the JPMorgan OnChain Liquidity-Token Money Market Fund, ticker JLTXX. The fund invests exclusively in US Treasury securities and overnight repo collateralized by Treasuries […]
Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a […]
The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week. In a 51 to 45 […]
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Ryan Cohen’s half-cash, half-stock bid to acquire eBay was swiftly rejected, as the company’s board told GameStop CEO his proposal was neither credible nor attractive following a thorough review with independent advisors. In a letter […]
The Ethereum Foundation has reached several progress milestones on the next Ethereum upgrade called “Glamsterdam” and has named three new leads for its Protocol team. The Ethereum Foundation said in a blog post on Monday […]
Key Takeaways A16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman […]
Key takeaways SEI is up 10%, outperforming the broader cryptocurrency market. The coin could extend its rally towards the $0.092 daily swing high in the near term. The cryptocurrency market opened the new weekly candle […]
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