Chainalysis: Premium Index Boosts South Korean Crypto Market
The Korea Premium Index drives price increases in South Korea’s crypto market, where institutional trading is crucial. A recent report from Chainalysis shows that South Korea’s cryptocurrency market is experiencing significant growth, largely driven by the rise in the Korea Premium Index. The report emphasizes that local demand, institutional trading, and specific market dynamics in […]
USDC Issuer Circle Relocates Headquarters to New York Ahead of IPO
Circle is seen as critical to the mainstream adoption of cryptocurrencies, providing a bridge between fiat currencies and the digital economy. Circle, the issuer of the second-largest stablecoin, USDC, is relocating its global headquarters to New York City ahead of its planned Initial Public Offering (IPO). The company will establish its new base on “one […]
Swyftx CEO: Australian Crypto Investors Await Clearer Regulations
Crypto exchange Swyftx predicts between two to six million Australians could enter the market if regulated. According to the CEO of a local crypto exchange, millions of potential crypto investors in Australia are waiting on the sidelines for clearer regulations. Jason Titman, the CEO of Swyftx, told Cointelegraph that his company expects between two and six […]
Plume’s CEO Unveils Tokenized ‘Mineral Vault’ To Boost RWA Yield
Chris Yin says investor demand for RWAs is going “upstream” from tokenized treasury bills to private alternative assets. Plume Network , a blockchain specializing in real-world assets (RWA), is set to launch a tokenized ‘Mineral Vault’ in response to rising demand for high-yield private assets onchain, CEO Chris Yin told Cointelegraph on September 9. Developed […]
PIN AI Secures $10M To Develop Open-Source Alternative
PIN AI, backed by a16z, creates a privacy-focused, open-source alternative to Apple’s AI that uses blockchain to enable users to monetize their personal data. PIN AI, an artificial intelligence infrastructure firm, has raised $10 million in pre-seed funding and joined the Fall 2024 cohort of the a16z Crypto Startup Accelerator (a16z CSX). In a press […]