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Franklin Templeton Money Market Fund Launches on Polygon Blockchain

Franklin OnChain U.S. Government Money Fund, the first U.S.-registered mutual fund run on blockchain, is now supported on Ethereum via Polygon SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Templeton today announces that the Franklin OnChain U.S. Government Money Fund (FOBXX) (the “Fund”), the first U.S.-registered mutual fund to use a public blockchain to

April 26, 2023 5 mins read

Horizen Integrates Covalent for EON, the New Public EVM-Compatible Sidechain on Horizen, to Bring Data Visibility and Unified Data Points to Developers

Enhanced blockchain data aggregation process for developers to efficiently build on Horizen EON NEW YORK–(BUSINESS WIRE)–Horizen, a layer 0 public blockchain platform that enables the zero-knowledge network of blockchains, announced today a strategic partnership with Covalent, a web3 data provider trusted by over 40,000 developers. This partnership will bring about

April 26, 2023 3 mins read

Banking Crisis Continues as First Republic Bank Reportedly Falling Apart

First Republic Bank (FRC) now risks a similar fate after Silvergate and Signature Bank failed late last month since it has few choices to turn things around. This might soon become the third big bank to fall this year, spreading widespread panic throughout the United States and abroad. The bank

April 26, 2023 2 mins read

Miami International Holdings Agreed to Buy FTX’s LedgerX for $50M

This Tuesday, Futures Exchange (aka FTX), a bankrupt crypto exchange firm has given an agreement of selling their crypto derivatives platform LedgerX for 50 million dollars to Miami International Holdings (MIH), a trading service provider. The CEO of FTX, John Ray said, “We are pleased to reach this agreement with

April 26, 2023 1 min read

Satoshi Bots Use the Power of ChatGPT to Help Crypto Traders

FalconX, a crypto trading platform originating in San Francisco, is inculcating the power of OpenAI’s ChatGPT into crypto trading. The concept of bots is not new to the cryptocurrency market. But AI helping traders is a new initiative, as this may require many codes to be fed to the machine.

April 25, 2023 1 min read

Goldman Sachs Remains Bullish on Crypto

According to a recent AMA session, former Goldman Sachs executive Raoul Pal predicts that the crypto industry will experience a surge in capital. As liquidity returns to the market, leading to growth from 300 million to what he believes will be one billion users worldwide. Raoul Pal states: “There will

April 25, 2023 2 mins read

European Central Bank Announces Digital Euros Are Widely Available!

The Committee on Economic and Monetary Affairs of the European Parliament has called ECB’s member in Brussels to comprehend the digital euros. Fabio Panetta, a member of the European Central Bank (ECB) appeared for the speech on April 24 and explained about the digital euros.  Panetta started explaining the process

April 25, 2023 2 mins read

US SEC’s Pressure on Regulations Drags Down the Crypto Market

According to reports, the cryptocurrency market faces increased scrutiny from regulators worldwide. The US SEC has been particularly active in regulating the market. And also their pressure on regulations is now impacting the crypto market. This has led to uncertainty among investors and caused the market to fluctuate. The SEC

April 25, 2023 2 mins read

Franklin Templeton Announces the Franklin OnChain U.S. Government Money Fund Surpasses $270 Million in Assets Under Management

First U.S.-registered mutual fund to process transactions and record share ownership on Stellar blockchain SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Templeton today announces the Franklin OnChain U.S. Government Money Fund (FOBXX) (the “Fund”) has surpassed $270 million in assets under management (AUM) as of March 31, 2023. The Fund’s transfer agent maintains

April 24, 2023 5 mins read