Criptor

Citi and Fidelity International announced a proof-of-concept on-chain money market fund today, becoming the two newest financial institutions to enter the tokenization space.The proof-of-concept, which is set to be displayed at the Singapore FinTech Festival Nov. 6-8, is a tokenized money market fund (MMF) with an embedded foreign exchange (FX) swap for efficient on-chain money management.MMF’s are traditional investment funds that invest in short-term debt instruments, usually in the form of U....

The Defiant

22 hours ago

For every Polymarket bettor backing Trump or Harris, there is a memecoin trader bidding tokens associated with the presidential candidates.Today, Donald Trump’s odds rose as high as 62%, according to Polymarket, sending Harris’ odds tumbling to 38%. As a result, the Kamala Harris memecoins sold off, with COCONUT down 42% over the last 24 hours and KABOOTY down 45%. Meanwhile, the MAGA token is up 10% today....

The Defiant

53 minutes ago

Hamster Kombat, a tap-to-earn game on Telegram, has experienced a significant decline in its user base. The game, which had a massive 300 million users in August, has lost 259 million players, marking an 86% drop, reducing its active monthly player count to 41 million. Despite this drop, the game is planning a second season of gameplay and expansion beyond Telegram. Additionally, the broader blockchain gaming sector has seen various developments, with new projects and updates from games like 'Of...

The Defiant

23 hours ago

Asset management company VanEck has launched the VanEck Pyth exchange-traded note (ETN) on Euronext Amsterdam and Euronext Paris today. The ETN is based on the Pyth Network, which is an oracle on the Solana blockchain. This marks a significant step for VanEck, which had previously introduced a Solana ETN in the European market.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz....

The Defiant

39 minutes ago

Bitcoin surged past $70,000 as U.S. voters headed to the polls on Election Day, reaching a high of $70,541 and erasing the previous three days' losses. The cryptocurrency market saw significant inflows, with digital asset investment products attracting $2.2 billion from October 26 to November 2, pushing year-to-date inflows to an all-time high of $29.2 billion. Assets under management hit a record $102 billion, with Bitcoin receiving the majority of these investments. Analysts suggest that antic...

The Defiant

40 minutes ago

Cryptocurrency markets rallied on Tuesday morning as U.S. voters headed to the polls to elect the next President.Bitcoin (BTC) climbed 3% to $70,100, while Ethereum (ETH) gained 1.5% to $2,460. Solana (SOL) and Polkadot (DOT) added 5% and 3%, respectively. The global crypto market cap rose 2% to $2.44 trillion....

The Defiant

2 hours ago

The Curve community is showing early support for a proposal to divert 10% of the fees generated by its crvUSD stablecoin to holders that “stake” their tokens.The vote began on Nov. 3 and has received 9 million worth of vote escrowed CRV (veCRV) or 92% of votes in favor so far, while nearly 8% of votes have been cast against.However, the current number of votes cast so far equates to just 4% of the required quorum threshold for the proposal to go through. Voting will end on Nov. 9....

The Defiant

11 hours ago