Crypto for Advisors: What Is a Bitcoin Strategic Reserve?
In today’s crypto for advisors, Alex Tapscott explains what the Bitcoin Strategic Reserve is and why it matters to investors. Then, Bryan Courchesne from DAIM…
Category: CoinDesk
Circle and Near Invest $14M in Remittances App for Indian Diaspora
Remittance app Abound raised $14 million in a seed round following investment from crypto heavyweights Circle Ventures and the Near Foundation. The app aims to…
The $LIBRA Debacle: Political Endorsements Are Driving Rug Pulls
The synergy of political endorsement and highly speculative assets like meme coins was always bound to be disastrous, and the recent LIBRA scandal was a…
Possible Blow to Crypto as CoreWeave Reportedly Slashes Valuation to $23B
CoreWeave is looking to downsize its initial public offering just one day before hitting the market, Semafor reported. The AI infrastructure firm was previously expected…
Warlock Labs Raises $8M to Shake Up On-Chain Order Flow
Market-making on-chain trades is mysterious and important — and lucrative, too. The problem, according to pseudonymous trader Grug, is that crypto protocols with valuable order…
CoinDesk 20 Performance Update: SUI Gains 7.1% as Index Inches Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading…
Tether Boosts Stake in $1.12B Agricultural Firm Adecoagro to 70%
Tether, issuer of $144 billion dollar stablecoin USDT, has boosted its stake in Latin American agricultural firm Adecoagro (AGRO). The $12.41 per share offer, which…
Ripple Partners With Chipper Cash to Boost Payments in Africa Using XRP
Ripple today said it was partnering with Chipper Cash, a payments provider serving across Africa, to support cross-border payments into the continent using Ripple Payments.…
Polymarket, UMA Communities Lock Horns After $7M Ukraine Bet Resolves
A contentious $7 million bet on prediction platform Polymarket has sparked disagreement between the Polymarket and UMA communities. The bet, which speculated on whether Ukraine…
NYSE-Parent ICE to Explore New Products With Circle’s Stablecoin, Tokenized Fund
Intercontinental Exchange, the parent company of the New York Stock Exchange, said it plans to explore using Circle’s stablecoin and tokenized asset to develop new…