White House Executive Director of the President’s Council of Advisors for Digital Assets Patrick Witt is leaving government service and returning to the private sector. Where does that leave the council? PS: I’ll be at Money 20/20 on Monday and Tuesday and NEXTPredict on Thursday… Read More
Mastercard (MA) introduced Thursday its Global Money Platform with BVNK, the stablecoin infrastructure firm it acquired in August. The service combines traditional currency accounts, stablecoin balances, conversions, card spending and bank payouts through one connection. Banks and fintechs can use the platform to offer accounts… Read More
The selling started on Binance, according to a review of the trades by David Jeong, chief executive of trading firm Tread.fi, who placed the first large SanDisk and Micron sell orders on Binance at 21:21:59 UTC. Less than a second later, orders hit Hyperliquid, a… Read More
That isn’t as obvious as it sounds. Citrini argued that tokenization could lift the broader crypto ecosystem, but more assets moving onchain doesn’t automatically make bitcoin BTC$81,387.08, ether ETH$2,399.97 or whichever blockchain hosts them the best trade. Arthur Hayes, BitMEX’s co-founder and the chief investment… Read More
Wells Fargo, meanwhile, is already processing cross-border payments using tokenized deposits, with money reaching beneficiary accounts in two minutes or less. “This is in production, by the way, and it’s small volume so far,” CFO Michael Santomassimo said. The bigger opportunity for Wells Fargo may… Read More
Claude goes digging Until Claude entered the picture. This month, an Anthropic employee asked an internal research model to investigate, without sharing the old theory that the seeds came from a forgotten phrase. It took the model less than half an hour to trace five… Read More
