Franklin Templeton executed a tokenized U.S. Treasury transaction using stablecoins (USDCx) and on-chain settlement via the Canton Network. The trade, facilitated by Tradeweb and involving firms like Virtu Financial and Societe Generale, settled nearly instantly after market hours. This transaction highlights growing institutional adoption of blockchain for real-world assets, enabling continuous, real-time settlement beyond traditional market constraints. The Canton Network and partners aim to support broader access to liquid assets and advance always-on capital markets infrastructure.
Bitcoin fell to $75,568 and Ether dropped to $2,237, triggering forced liquidations of leveraged positions totaling about $1.033 billion over 24 hours. Most liquidations were long positions, indicating many traders bet on price rises but were caught ...
Allstate reported a strong second quarter, signaling that its business turnaround is complete. The company’s premium growth remains cautious due to conservative underwriting, but both its Auto and Homeowners insurance lines are highly profitable, mai...
The Sky ecosystem plans a Nov. 19 upgrade to connect Osero’s liquidity layer on Ethereum and Base, enabling cross-chain USDC transfers. The upgrade activates Circle’s Cross-Chain Transfer Protocol on both networks, sets transfer limits, and adds a Ga...
Blockstream Research's recent paper identifies Falcon-1024 as the leading lattice-based signature scheme for quantum-proofing Bitcoin due to its compact size and efficient verification. However, significant hurdles remain, including high memory deman...
Myriad Genetics increased its 2026 revenue forecast midpoint to $785 million, citing higher revenue per test that offsets expected softness in its Prenatal Health segment. The company attributes reimbursement challenges mainly to more zero-pay outcom...
