Kamino Names Yieldstreet Co-Founder Michael Weisz CEO For US Expansion

TL;DR Kamino Finance has appointed Michael Weisz as CEO. Weisz co-founded alternative-investment platform Yieldstreet. His role will center on U.S. expansion and institutional credit products. Kamino Finance is bringing in a CEO with a background much closer to private credit than traditional crypto. The Solana-based DeFi platform has appointed Michael Weisz, co-founder of Yieldstreet, to […]

PHA Jumps 10.69% as Market Activity Picks Up

While many altcoins showed mixed signals today, PHA broke ranks with a remarkable surge. The price of Phala Network jumped 10.69% in just 60 minutes, rising from $0.0421 to $0.0466. This price action highlights a strong interest in the token, especially as it reached a daily high of $0.0466. Inside the Move The broader crypto […]

ESMA Supports Sustainability in EU Financial Regulation

The European Securities and Markets Authority (ESMA) has announced its commitment to embedding sustainability into EU financial regulations. This initiative, highlighted in a recent tweet, aims to promote more transparent and reliable Environmental, Social, and Governance (ESG) practices in European markets. This move is significant as it positions ESMA as a proactive regulator in the […]

Bitcoin shattered $80,000 after a $148 billion US liquidity shock failed to break markets

Bitcoin climbed above $80,000 after a $148 billion US Treasury cash build failed to destabilize overnight funding markets. The Treasury General Account rose by $148.003 billion through Sept. 16 to $991.708 billion, Federal Reserve data showed, as tax payments shifted cash into the government’s account at the central bank. Deposits held by commercial banks at […]

LIT Price Soars 47% in 60 Minutes Amid Whale Activity

The crypto market just witnessed a sharp move as LIT’s price soared 47% to $0.234607 within just one hour. This surge marks a significant uptick from a previous price of $0.1596. The recent momentum places LIT at a market cap of approximately $10,596,364, with a notable trading volume of $943.82. The Latest The price action […]