Kraken Expands Tokenized Equities to Tron Blockchain
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Kraken, in partnership with Backed, is collaborating with Tron DAO to integrate its tokenized equities product, xStocks, with the Tron blockchain. Kraken’s Tokenized Equities Product Launches on Tron Network Kraken said the integration will see Backed deploy xStocks as TRC20 tokens on the Tron network. Each token will maintain a full 1:1 backing with the […]

Goldman Sachs: Stablecoins Could Unlock Trillions in Market Potential
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Goldman Sachs says the potential market for cryptocurrency stablecoins could climb into the trillions of dollars, according to a research note released Aug. 20. Goldman Sachs’ Will Nance Sees Multi-Trillion-Dollar Future for Stablecoins The market note, prepared by Goldman analysts including Will Nance and published by Fortune’s Jim Edwards, frames stablecoins as a powerful force […]

Bitcoin Flat as Stocks Continue Bleeding
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The cryptocurrency appears to have stabilized around $114K, but the same can’t be said for the stock market, which edged lower as tech stocks continued to underperform. Traditional Markets Plunge, But Bitcoin Remains Steady Bitcoin ( BTC) hovered around $114K on Wednesday afternoon while stocks fell across all major indices for a second consecutive day. […]

Wormhole Foundation Counters Layerzero’s Stargate Acquisition Bid
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On Wednesday, the Wormhole Foundation announced its intent to submit a competing bid to acquire Stargate, directly challenging a proposal from cross-chain messaging rival Layerzero. This move potentially disrupts a pending acquisition and could lead to a bidding war for the prominent bridge protocol. Rival Bid Emerges for Cross-Chain Protocol Stargate Wormhole stated that Stargate’s […]

Mystery Trader Turns $125K Into $29.6M in 4 Months on ETH Leverage
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An anonymous trader on Hyperliquid turned a $125,000 investment into a staggering $29.6 million in just four months by strategically leveraging long positions on ethereum. The Rise of a New High-Risk Trader An unknown high-risk Hyperliquid trader turned $125,000 into $29.6 million in just four months. According to Lookonchain, the trader, who has been compared […]