Douro Labs’ executive, Michael James, explains how Pyth Network’s innovative data pull model is challenging the traditional financial data industry, offering real-time, cost-effective solutions and fostering broader participation in global finance.
Tag: Business
Filecoin & Lockheed Martin Successfully Test Decentralized Data Storage in Space
Filecoin Foundation and Lockheed Martin Space successfully tested the InterPlanetary File System (IPFS) on a satellite, proving the potential of decentralized data storage for space applications. Learn about the benefits, implications, and future possibilities.
Basel Medical’s $1 Billion Bitcoin Investment: Stock Plummets Amid Investor Concerns
Basel Medical Group’s stock price declined by 15% following the announcement of a $1 billion Bitcoin investment. This article examines the company’s rationale, investor reaction, and the broader context of corporate Bitcoin treasuries.
Bitcoin Resilience: Overcoming Coinbase Hack & DeFi Developments
Despite a significant phishing attack on Coinbase, Bitcoin demonstrates strength with substantial exchange outflows and Aave reaches a record TVL. This week in DeFi saw resilience and growth.
Central Banks Explore Smart Contracts for Monetary Policy: BIS Project Pine
Central banks are experimenting with smart contract toolkits, as demonstrated by the BIS Project Pine, to enhance monetary policy implementation in tokenized environments. This exploration aims to provide faster and more flexible responses to financial events, though infrastructure limitations remain a challenge.
Institutional Adoption of Stablecoins Soars: 90% Actively Exploring or Implementing, According to Fireblocks Survey
A comprehensive Fireblocks survey reveals that a staggering 90% of institutional players are actively using or exploring stablecoins, driven by the need for faster, more transparent, and efficient payment solutions. Explore the key findings and implications for the future of finance.
Bitdeer’s Q1 2025: Revenue Decline and Strategic Shift Towards AI
Bitdeer Technologies Group reports a 41% revenue drop in Q1 2025, but a net income boost thanks to Tether investments, signaling a strategic shift towards AI and self-mining.
WisdomTree Exec: Crypto’s Maturing Market Doesn’t Need ‘Frothy Use Cases’ to Thrive
WisdomTree’s Jason Guthrie believes the crypto market is maturing, finding stability and value beyond fleeting trends like ICOs and NFTs.
Blockchain Gaming: User Activity Dips in April, Ecosystem Shows Signs of Long-Term Health
DappRadar reports a decline in blockchain gaming user activity in April, but highlights infrastructure growth and a shift towards sustainable models as indicators of a maturing and healthier ecosystem.
Wintermute Expands to New York Amid Favorable US Crypto Regulations
Wintermute, a leading crypto trading firm, opens a New York office to capitalize on improved US regulatory conditions and contribute to the evolving digital asset landscape.