The continuing evolution of public Ethereum as a business platform

by Tom Lyons In our Ethereum Business Readiness Report, published last June, we highlighted the ongoing maturation of the public Ethereum ecosystem as a business platform. Recent events show these trends continuing. “Enterprise blockchain is dead, long live blockchain for enterprises.” So said Don Tapscott, noted blockchain influencer and founder of the Blockchain Research Institute …

Circle Removes U.S. Treasuries From USDC Reserve Fund Amid Debt Ceiling Concerns

Circle has ditched all U.S. Treasury bonds from the $24 billion reserve fund that backs its USDC stablecoin.  The stablecoin issuer took this step to protect USDC from the impact of the ongoing debt ceiling crisis in the United States.  The last Treasury bond worth $3.9 billion matured earlier today, effectively removing the asset class …

Jimbos Protocol turns to law enforcement after hacker ignores $800K bounty

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Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill

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Multichain unable to contact CEO, has no access to project servers

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Bitcoin outshines oil on increase in value since 2010

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NFL players union unable to collect $41.8M in NFT-related revenue

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TD Cowen shutters digital assets unit

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Digital asset management companies thrive in 2023 despite Bitcoin and Ethereum’s May downturn

CCData’s Digital Asset Management Review for May found that Bitcoin, with its finite supply and resistance to governmental control, continues to solidify its position as a compelling asset class for institutional investors. The Financial Conduct Authority (FCA)-authorized benchmark administrator’s report provides real-time and historical data on digital assets for both institutional and retail investors. Bitcoin, …

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