Author: CryptooTimes

“What we’re talking about here is as good as the traditional infrastructure,” Newns said in an interview. “Now we’ve achieved that sort of equivalence for digital securities around the cash leg, these are eligible for inclusion in the collateral market so you can use them for repo. We have bridges into traditional finance, so an issuer can reach that entire liquidity base you get on a traditional exchange. And as a result of the project, participating members have now tripled, and are using us as a way to further their own digital ambitions.”

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Screenshot: Nintendo, Nintendo / Kotaku, Photo: ozgurdonmaz (Getty Images), TonyBaggett (Getty Images), Image: Nintendo, Sony / Kotaku, Square Enix, Nintendo, Ubisoft, Marvel / Capcom / Xbox / KotakuNintendo’s big June Direct showcase delivered the biggest headlines of the week, with its reveal of Echoes of Wisdom, a new Zelda game in which you actually play as the titular princess, as well as a new Mario & Luigi RPG and, yes, Metroid Prime 4. Read on for all the reveals from that event as well as some of the week’s other top stories.

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Long before OpenAI introduced the world to ChatGPT’s powerful artificial intelligence (AI) model, rudimentary automation were deeply rooted in the financial world. In 1978, for instance, award-winning mathematician James Simons founded Renaissance Technologies, a quantitative hedge fund, by leveraging data to analyze statistical probabilities for securities price trends. The firm’s signature Medallion fund was established in 1988 and would enjoy the best record in investing history. Shortly after Simons introduced quantitative investing, expert systems became the norm…

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The FBI has indicted four members of the infamous FIN9 group for orchestrating crypto-related hacking attacks on U.S. companies, which resulted in over $71 million in losses. FIN9 members — Ta Van Tai, Nguyen Viet Quoc, Nguyen Trang Xuyen, and Nguyen Van Truong — allegedly hacked into the computer networks of various U.S. companies. Between May 2018 and October 2021, non-public information — including private data on employee benefits, and funds — was stolen. According to the indictment, the cybercrime members infiltrated company networks through phishing campaigns and supply chain attacks.  The indictment details how members of FIN9 gained unauthorized…

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Last month, rumors swirled that Nike might shut down RTFKT, the innovative digital sneaker brand it acquired for a staggering $1 billion in 2021. Although the speculation turned out to be unfounded, it triggered a deeper contemplation: Has web3, with its promises of decentralization and digital ownership, truly delivered for consumer brands? My answer is a resounding no.  Large consumer brands are simply too rigid and risk-averse to innovate effectively within this new paradigm. They have adopted…

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