Federal Reserve Governor Bowman: Minimum holdings of cryptocurrencies will give Federal Reserve staff a better understanding of cryptocurrency products. Federal Reserve staff should be allowed to own a small number of cryptocurrency products. Restrictions on the investment activities of Federal Reserve staff may hinder the recruitment and retention of expert reviewers.
According to CNBC, European investment app Lightyear announced the completion of a new round of financing of $23 million, led by NordicNinja, and joined by Markus Villig, co-founder of ride-hailing giant Bolt. Other investors include Wise co-founder Taavet Hinrikus, Checkout.com former CTO Ott Kaukver and other Estonian technology people. According to people familiar with the matter, the valuation of Lightyear after this round of financing will reach 200 million to 300 million US dollars, a sign...
Pyth Network, a decentralized oracle-based service that provides price feeds for crypto products, has reached $500 billion in trading volume. It is reported that it currently provides more than 400 real-time price information, covering a variety of asset classes, including commodities, stocks, foreign exchange, cryptocurrencies, and recently approved cryptocurrency ETFs.
Cryptocurrency exchange Kraken has announced a strategic partnership with DLT Finance, starting around July 10, 2024, and is expected to offer German customers a range of innovative crypto products through dedicated products powered by DLT Finance. It is reported that DLT Finance is a brand of leading cryptocurrency service providers DLT Securities GmbH and DLT Custody GmbH licensed by the German Federal Financial Supervisory Authority (BaFin), providing prime brokerage and cryptocurrency custod...