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Think Stablecoins Are Solid? Remember the Financial Crisis

Think Stablecoins Are Solid? Remember the Financial Crisis

USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful.

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Cardano, Polkadot Market Caps Surpass XRP as Some Bet on Alternatives to Ethereum

The price of gas continues to rise on Ethereum, squeezing smaller retail traders using DEXs.

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Tesla’s Buying of Bitcoin Briefly Made Bitcoin More Valuable Than Tesla

The cryptocurrency was more valuable than all but seven of the world’s publicly traded companies.

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Nic Carter’s Castle Island Ventures Closes $50M Investment Fund

The early stage VC will continue to invest around its primary thesis: “that public blockchains are changing the world.”

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Castle Island Ventures announces new $50 million venture fund

Castle Island Ventures has launched a new $50 million venture fund, its second fund to date.

The post Castle Island Ventures announces new $50 million venture fund appeared first on The Block.

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Apple Should Launch Own Crypto Exchange, RBC Analyst Says

Analysts at the largest bank in Canada noted that after PayPal and Square’s crypto offerings, the market for tech firms creating crypto wallets has already been validated.

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Blockchain Bites: Tesla Drives $1.5B Into Bitcoin, Brian Brooks Comments on Monetary Debasement

Tesla plowed $1.5 billion into bitcoin, ETH futures went live on CME, Brian Brooks comments on dollar debasement.

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Bitwise files prospectus with SEC for an ETF to track ‘crypto innovators’

Bitwise, a crypto-focused asset manager and index provider, has filed a prospectus for a new Exchange-Traded Fund tracking the performance of crypto innovators.

The post Bitwise files prospectus with SEC for an ETF to track ‘crypto innovators’ appeared first on The Block.

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Elon Musk Buys Bitcoin: Everything You Need to Know About Tesla’s $1.5B Purchase

The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more.

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New bridge connects Avalanche with Ethereum for DeFi transfers

A group of developers has set up a new bridge between the Avalanche and Ethereum blockchains. The bridge will allow users of DeFi tools to transfer assets between the two ecosystems.

The post New bridge connects Avalanche with Ethereum for DeFi transfers appeared first on The Block.

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