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Latest from Aoyon Ashraf
Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of respondents in the bank's survey said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC.
DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says
The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.
Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will move away from mining business and will develop data centers instead.
Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says
U.S.-listed bitcoin miners fell in the first half of the month as the world's largest cryptocurrency loitered below $60K and the network hashrate returned to pre-halving levels, the report said.
Stablecoin Giant Circle Is Moving Its Headquarters to New York City
The USDC issuer will move into One World Trade Center, and New York Mayor Eric Adams – who has sought to make the city a crypto hub – will attend the Friday ribbon cutting.
WeWork Founder's Climate Firm Refunds Crypto Token Holders After Failed Launch: Forbes
Flowcarbon, which raised $70 million from investors like Andreessen Horowitz, aims to tokenize carbon credits, but the token never launched.
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
The emergence of new mining rigs may have created an opportune environment for solo miners, according to CryptoQuant.
Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models
Both stocks opened the day higher after the British bank published its upgrade overnight.
Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says
The network activity has also been falling on Ethereum and stalling on the Bitcoin blockchain, the report said.
Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network.
