Why Did New Hampshire Block the Bitcoin-Backed Bond? New Hampshire officials rejected a proposal to issue up to $100 million in taxable conduit revenue bonds backed by bitcoin, halting what was expected to be one of the first rated bitcoin-backed bond structures issued under a state authority. The New Hampshire Executive Council voted 3-2 against
Why Is Backpack Moving Into Tokenized Equities? Crypto exchange Backpack has launched 24/7 trading for select tokenized US equities, giving international investors access to stocks including SpaceX, Micron, and SanDisk outside traditional market hours. The launch puts Backpack into one of the fastest-growing areas of onchain real-world assets: tokenized equities. These products are designed to
Why Is the DOJ Moving to Drop the BitClub Case? The U.S. Department of Justice is planning to drop charges against Matthew Goettsche, the alleged ringleader of the BitClub Network Ponzi scheme, after a years-long prosecution tied to one of the largest crypto fraud cases from the last cycle. Goettsche was credited with creating BitClub
Why Is CRYL Entering Bitcoin-Backed Lending? Japanese lender CRYL has launched Bitcoin-backed loans of up to 1 billion yen, or about $6.2 million, giving individuals and businesses a way to raise fiat currency without selling their BTC. The product allows borrowers to access between $6,200 and $6.2 million at annual interest rates of 3.5% to
Why Is a Digital Dollar Ban Inside a Housing Bill? A bipartisan housing bill that includes a temporary ban on a U.S. central bank digital currency is set to become law without President Donald Trump’s signature, placing digital dollar policy inside one of the year’s most unusual legislative outcomes. The 21st Century ROAD to Housing
Why Are SK Hynix Shares Moving Into Tokenized Markets? Tokenized shares of SK Hynix are now available to users of Wallet in Telegram, bringing exposure to the South Korean chip supplier directly inside one of the world’s largest messaging platforms. Wallet in Telegram, the native crypto wallet built into Telegram’s interface, is offering access to
Where Is Ethereum Node Activity Concentrated? Nearly a third of Ethereum node activity is hosted in the United States, while roughly 39% sits across the European Union excluding the UK, according to new research from the Cambridge Centre for Alternative Finance. The findings show that Ethereum’s infrastructure remains heavily Western-centric, even if it is not
MediaFuse, the company behind PR distribution platforms including Chainwire, CyberNewsWire, GamingWire, and FinanceWire, has announced the launch of TechnologyWire, a press release distribution platform focused on technology companies and startups. TechnologyWire distributes press releases to a network of technology-focused publications, where content is published on the homepage or category pages. According to MediaFuse, the platform
Nvidia stock remains under pressure this week as the recent sell-off continues. It dropped to $189, down by 18% from its highest point this year, with its valuation falling by nearly $1 trillion. Still, the stock has formed a highly bullish pattern and has landed at a core support, suggesting a rebound is possible. Nvidia
Broadcom stock price rose by 5% on Wednesday after extending its relationship with Apple. AVGO rose to $395, a 10% increase from its lowest level this month. It remains in a local bear market after falling by 20% from its highest point this year. So, will it rebound and retest its all-time high? Broadcom expands