Author: American Coins & Gold

Ripple Cancels Plan to Buy Fortress Trust
“While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future,” said CEO Brad Garlinghouse.

Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?

Crypto for Advisors: AI – Friend or Foe to the Advisor?
Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for.

Examining dYdX’s Path to Profitable DeFi

Using Proof-of-Stake for a Decentralized Credit Bureau

Europe’s Crypto Industry Wants Staking Clarity as Regulations Loom
The EU and UK may both be contemplating new rules to cover crypto staking — as regulatory action in Switzerland and Singapore offers a cautionary tale.

Gemini Pulled 2M Earn Users' Funds From Genesis Last Year to Protect Customers
Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.

Judge Denies Temporary Release For Sam Bankman-Fried During Trial

Major TradFi Player VanEck Readies Ethereum Futures ETF
VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts traded on commodity exchanges registered with the CFTC.

FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers .3B
The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company’s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”