Cantor Fitzgerald will acquire a 5% ownership stake in Tether, strengthening its role as a key banking partner managing a significant portion of Tether's U.S. Treasury portfolio.
The report comes four days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump's Secretary of Commerce.
President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration's economic agenda.
SUI was gaining attention as positive sentiment builds around the asset.
As crypto buyers and enthusiasts eagerly await the anticipated alt season, Bitcoin effortlessly makes new ATH every 12 hours. Simultaneously, three coins have emerged as red-hot picks: $MASH, SUI, and TON.
Circle's USDC and CCTP integration with Aptos enhances blockchain interoperability, bridging TradFi and DeFi worlds.
Sui Network, a popular blockchain supporting the SUI coin, encountered a major disruption today, bringing its block production to a halt. The interruption, which began at 12:15 PM UTC, left the network unable to process transactions for several minutes, causing concerns among its users and community members.
With Bitcoin price remaining volatile and struggling to reach the $100,000 mark, the altcoin rally is gaining momentum. Despite the 99k buyers and 100k sellers going at it, the smart money is flowing into the altcoin segment.
Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market.
ADA is the top performer from the larger-cap alts today.
Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe's payment services and the stablecoin USDC. Stripe's payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.
Sui Foundation partners with Franklin Templeton Digital Assets to drive blockchain-based innovation, supporting developers and expanding decentralized finance applications using the Sui blockchain protocol. The post Sui Partners with Franklin Templeton for Blockchain Development appeared first on Cryptonews.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
In a strategic move, Sui Network, a fast-growing layer 1 blockchain known for its innovative use of the Move programming language, has partnered with Franklin Templeton Digital Assets, a global leader in asset management with over $1.5 trillion in assets under management.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe.
Key points of the news: Sui and Franklin Templeton have formed a strategic partnership to strengthen the blockchain ecosystem and support developers. Franklin Templeton, with experience in digital assets since 2018, will back projects like Deepbook, Karrier One, and Ika.
Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.
Sui, a Layer-1 network, announced a new partnership with investment firm Franklin Templeton. This partnership includes capital investment in Sui and support for the firm's blockchain development.
The notable growth of the Web3 ecosystem on the Sui blockchain has bolstered the ongoing $SUI bull run, which is already in the price discovery phase.
Sui Foundation has recently made an important partnership agreement with Franklin Templeton Digital Assets, which will help develop DeFi solutions on the Sui platform. This will give the Sui ecosystem developers support and additional guidance in enhancing blockchain solutions and products.
Sui has partnered with Franklin Templeton Digital Assets to strengthen its ecosystem and advance blockchain-based technologies.
Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem.
Sui collaborates with Franklin Templeton Digital Assets to bolster its blockchain ecosystem, highlighting projects like Deepbook and Karrier One, amid growing interest from global investment firms.
Sui partners with Franklin Templeton as its DeFi ecosystem grows, reaching $1.6 billion in total value locked this year. The post Sui partners with Franklin Templeton to boost DeFi innovation and ecosystem growth appeared first on Crypto Briefing.
TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.
The network was recently plunged into a multi-hour blackout, raising reliability concerns.
Sui Network experienced a brief outage due to a bug in congestion control. Swift action by engineers and validators restored operations within minutes, highlighting effective incident response.
Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.
Sui's ecosystem is evolving with the introduction of native stablecoins, reshaping DeFi and unlocking new opportunities. Explore the impact of USDY, AUSD, USDC, and FDUSD.
Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.
Earlier today, the Layer-1 blockchain Sui experienced a two-hour blackout, halting block production and rendering transaction processing impossible. This network outage led to a slight dip in SUI's price, falling from $3.73 to $3.64.
TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.
Sui Network resumed operations after a two-hour outage.
SUI's network had a two-hour network outage, followed by a shorter 29-minute block lag on November 21. The chain had an all-time high record for transactions per second, which led up to a bug for validators to produce and propagate blocks.
Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.
Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.
Sui Network experienced its first major outage Thursday, grinding the network to a halt for two hours due to a bug.
Sui, decentralized Layer-1 blockchain. faced a two-hour outage early on November 21 before recovering.
The Sui network experienced an outage, halting block production for over 2 hours.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.
The strategy of Coinbase to consolidate leadership in the stablecoin market
The downtime had immediate repercussions for Sui (SUI), the blockchain's native cryptocurrency with its value dropping 11%.
Sui Network dubbed the ‘Solana (SOL) killer,' suffered a major outage on November 21, which halted block production for over an hour.
A cryptocurrency user has miraculously recovered $129 million in USDT after falling victim to a phishing attack. This unprecedented event, originally reported by Wu Blockchain, highlights both the risks inherent in digital asset transactions and the extraordinary circumstances behind the return of the funds.
For 51 minutes, blocks were not produced and transactions were not processed.