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Coinbase Soon To Have Prediction Market And Tokenized Stocks
Coinbase is reportedly preparing to launch its own prediction markets, powered by U.S.-based operator Kalshi, in a move that could expand the types of assets available on the exchange amid cooling investor interest in cryptocurrencies, according to reporting from Bloomberg and CNBC. The announcement is expected to come next week, coinciding with Coinbase’s “Coinbase System…
Ripple Explains How Its New Prime Brokerage Will Expand RLUSD Adoption and Utility
Ripple has completed its purchase of global prime broker Hidden Road and rebranded the business as Ripple Prime, a bundled trading, financing and clearing desk for institutions, the company announced Friday. Ripple said the newly branded unit’s business has tripled since the initial announcement and that Ripple Prime now serves more than 300 institutional customers…
Radiant Capital Hacker Transfers Nearly $52M in Stolen Crypto to Ethereum: Data
The person behind the recent Radiant Capital exploit has reportedly moved nearly all of the stolen crypto, valued at about $52 million, from Layer-2 networks to Ethereum. Blockchain security firm PeckShield shared the information on October 24, further dampening any hopes of recovering the funds. Attacker Almost Done Bridging Stolen Funds According to PeckShield, the…
Is NFT Mania Coming Back? Sector Adds $1 Billion in a Day
NTFs are seeing what could be the start of a market revival as their market capitalization surges on the day. The big move was observed by crypto analytics platform CoinGecko, which reported a market cap jump from $5.1 billion to $6 billion. At the time of writing, NFT market capitalization had gained more than 20%…
Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions
Key Takeaways Ant Group is partnering with Circle to incorporate USDC on its blockchain platform once the stablecoin achieves US compliance. Ant International’s blockchain already handles a third of the firm’s $1 trillion transactions and supports global banks and tokenized assets. Share this article Ant Group, China’s foremost fintech and digital technology provider, founded by…
