AllianceBlock, a provider of blockchain infrastructure that bridges traditional finance (TradFi) and decentralized finance (DeFi), has partnered with digital investment firm ABO Digital to offer institutional and retail investors a lower-risk, compliant way of financially backing crypto projects through tokenization. The tie-in comes as tokenized assets continue to gain steam, with investment giant Hamilton Lane offering tokenized exposure to one of its funds earlier this year.
Checking out the Hive OS Linux Mining OS statistics about what coins and algorithms are the most mined among the users of that mining operating systems today gives quite interesting results. Kaspa (KAS) has tied with Ethereum Classic (ETC) with each at 19% of the coins being mined, followed by Ravencoin (RVN) in third place with 9%, NEXA at 7% and ERGO (ERG) at 5%. KAS has been slowly catching up to ETC in the statistics since the beginning of the year, but now it is about to flip it and become the most mineable coin among HiveOS users (it is still actually less than half percent behind). Of course, HiveOS is not the only Linux-based mining operating system and there are users that are mining directly, still this is one of the largest in terms of users and gives a good overview and insight thanks to the statistics that it provides.
Circle Internet Financial’s USDC, the second-largest stablecoin by market capitalization, lost and then regained parity to the U.S. dollar after regulators took over the failed Silicon Valley Bank and guaranteed deposits, including Circle’s, to prevent a broader run on the banking industry.
Bitcoin’s latest resurgence, which saw the world’s largest cryptocurrency by market capitalization hit a new nine-month high in the mid-$26,000s on Tuesday, has been accompanied by a number of key technical and on-chain indicators roaring back to health and once again send a bullish BTC signal.
Recent bank failures have highlighted the need for Blockchain-based cryptocurrency such as Bitcoin.
redit rating agency Moody’s has recently downgraded its outlook on the entire United States banking system from “stable” to “negative.” The move comes in light of the recent failures of Silicon Valley Bank, Silvergate Bank and Signature Bank, which has prompted regulators to intervene with a rescue plan for impacted depositors and institutions.
Blockchain security Halborn says a vulnerability it found last year on the open-source codebase of the Dogecoin network is still present in at least 280 other networks, as per a Monday post.
Digital asset investment products saw their highest-ever weekly outflow last week, according to the latest Digital Asset Fund Flows Weekly Report released by CoinShares. The $255 million in net outflows amounted to 1.0% of total assets under management (AuM) fleeing from the space.
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