Crypto News
Put Securities On-Chain!
This week, in a Washington Post op-ed, Robinhood CEO Vlad Tenev called for a new approach to capital markets in the United States. He suggested a number of policies – modernizing accredited investor standards is an old favorite among finance wonks – but one stood out. “here needs to exist a security token registration regime, allowing companies to create token offerings that are open to U.S. investors.” Here, Tenev seizes upon the skeleton key to unlock cryptocurrency’s full potential.Here's how securities markets work in the United States. By default, companies aren’t really allowed to sell equity at all. The Securities Act of 1933 defines securities and prescribes conditions – and penalties – for selling them. If a company wants to...
Xsolla ZK Uses Zero-Knowledge Technology to Create ‘Digital Backpack’ for Game Devs
The new ZK chain will enable game developers and item creators to store and manage in-game items on-chain.Source link
Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards
According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets.Source link
CoinDesk 20 Performance Update: LTC Surges 16.7% as All Assets Trade 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 at 3829.35, up 1.8% (+68.29) since 4 p.m. ET on Wednesday.Twenty of 20 assets are trading higher.Leaders: LTC (+16.7%) and DOT (+4.8%).Laggards: XRP (+0.1%) and XLM (+0.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Phantom Celebrates ‘Suinami,’ Rolls out Beta Support for Sui
Phantom, a Solana-focused cryptocurrency wallet, has announced the inclusion of Sui, a high-throughput blockchain project, in beta. Sui becomes the fifth cryptocurrency option available on Phantom alongside solana, ethereum, bitcoin, and base. In this initial phase, Phantom will allow users to swap thousands of sui tokens from its interface and use their favorite Sui decentralizedSource link