Just How Large Is the Potential Market for Stablecoins?
Tom Nawrocki, PaymentsJournal
Measuring the size of the stablecoin market is no simple task.
Several organizations have produced sizable market forecasts based on estimates of stablecoin supply, tokenized asset values, and transaction volumes. But these figures don’t necessarily reflect the full revenue opportunities available to financial institutions…
Read moreBitcoin Miners Pivoted to AI—Only to Find It’s Just as Turbulent as Crypto
Vicky Ge Huang, Wall Street Journal
Operating AI data centers isn’t any easier for companies that swapped out their bitcoin-mining servers for greener pastures
Last year, Ben Gagnon set out to turn facilities that had been geared to “mine” bitcoin into data centers eager to power the artificial-intelligence boom. It seemed like a perfect way to sidestep a crash in crypto and pivot to the hottest thing on Wall Street…
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Binance Breach Puts Custody at Center of Crypto Infrastructure Trade
Tanaya Macheel, CNBC
The $6.3 billion Binance hack could accelerate a shift in how investors value cryptocurrency companies, putting a greater premium on custody providers and the infrastructure needed to securely hold and protect digital assets.
Much of crypto’s evolution this year has involved companies moving past their reliance on trading volumes and transaction fees, to focus instead on building the infrastructure connecting digital assets with traditional finance…
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