Crypto News
Citi Completes Private Market Tokenization Test Using Avalanche
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed to “automate operations, settle faster, and enable newSource link
Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network. Justin Sun’s Outlines Vision to Merge Tron and Bitcoin NetworksSource link
Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion
On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1 million bitcoin. Based on the current market prices, the stash secured by the San Francisco-headquartered firm is valued at just above $52 billion. Coinbase OutshinesSource link
Claude AI Chatbot Declared Off Limits to Political Candidates
While AI is being built into every facet of everyday life, U.S. elections are being walled off by major chatbot platforms.Source link
$1.6 Billion Grayscale Sell-Off Ahead—What Does That Mean for Bitcoin?
After Greyscale’s token shifting prompted a dip in the BTC price, could a bankruptcy sale also move the needle? Source link