Marc Asch, founder of Hidden Road, now Ripple Prime, will leave the company at the end of 2026, with senior vice president Noel Kimmel appointed to lead the institutional brokerage business.
Alta, a financial infrastructure company building the foundation for the next generation of global finance, has announced $80 million in total funding — including a $47.5 million Series A round and $32.5 million in previous seed financing. The Series A was led by Index Ventures, with participation from GV (Google Ventures), Blackbird Ventures, Square Peg, […]
Dallas Fed President Logan has advocated for at least two more rate hikes of 25 basis points each, with the adjustment likely to be faster in the winter than in the fall. Deutsche Bank also added […] Interest rate hikes may accelerate in winter! Fed voting member Logan advocates at least another 2-digit increase, and Deutsche Bank predicts that the tightening will extend into next year.> This article was first published in BlockTempo "Dongzone Trend-the most influential blockchain news media".
Alta, a start-up that develops blockchain infrastructure for banks and payment institutions, completed a US$47.5 million Series A round of financing, led by Index Ventures, with participation from GV, Blackbird Ventures, Square Peg and Capital 49, bringing the total financing amount to US$80 million. Alta is developing blockchain with built-in privacy protection and compliance controls to meet the business needs of financial institutions. Payment company Airwallex has become an early partner, and the two parties plan to integrate the Alta blockchain into Airwallex's global payment network to support stablecoin transfers and local legal currency payments. Alta's first product will reduce the amount of funds companies occupy in pre-funded accounts through an instant fund allocation mechanism, and support the allocation of idle funds into tokenized assets that can generate income. This round of financing will be used for blockchain development, expanding cooperation with financial institutions and recruiting engineering and compliance personnel. The company did not disclose the valuation. (The Block)
BlackRock IBIT outflows recorded its seventh straight day of outflows totaling $1.66 billion. US spot Bitcoin ETFs lost $201 million Monday as year-to-date flows turn negative. US spot Bitcoin exchange-traded funds continued to lose assets on Monday, with BlackRock’s iShares Bitcoin Trust (IBIT) posting its seventh consecutive session of net withdrawals. The largest US Bitcoin […]
Fragmented liquidity across blockchains may lead to price volatility and inefficiencies, challenging seamless market integration and investor access. The post Tokenized stocks risk price gaps as liquidity splits across blockchains, Lumia CEO says appeared first on Crypto Briefing.
Trump Media bought 4,359 Bitcoin in Q3, but nearly all 15,649 coins are pledged as $1 billion in notes face a cash test. The post Trump Media Reveals 4,359 Bitcoin Buy After the President Called Crypto Dangerous appeared first on BeInCrypto.
Coinbase and Kalshi alongside four other companies, have asked a federal court to accept an amicus brief defending the Commodity Futures Trading Commission’s authority to allow perpetual futures tied to individual U.S. stocks. The filing comes amid a lawsuit that could decide whether these crypto-inspired contracts remain available on regulated U.S. exchanges or face tighter […]
The October slump in AI momentum stocks signals a potential recalibration in investor expectations, impacting future tech investment strategies. The post JPMorgan says AI momentum stocks just had their worst month since 1985 appeared first on Crypto Briefing.
🔎 $6.6 billion left the $USDT market in just 60 days, double the post-FTX drop. Continue Reading:CryptoQuant reports $6.6 billion drop in USDT market cap over 60 days The post CryptoQuant reports $6.6 billion drop in USDT market cap over 60 days appeared first on COINTURK NEWS.
Anthropic's ambitious IPO highlights AI's transformative potential in reshaping global productivity and innovation across industries. The post Anthropic targets $40 trillion knowledge-work market and $2 trillion life sciences opportunity in IPO filing appeared first on Crypto Briefing.