Project Progress

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FalconX cuts 10% of its global workforce, withdraws its application for a Singapore MAS license, and pivots to Europe

Digital asset brokerage FalconX laid off about 10% of its global staff (based in the United States, the United Kingdom, Singapore, and Hong Kong). On August 4, Bloomberg cited people familiar with the matter. FalconX also adjusted its Singapore business strategy, withdrew its license application submitted to the Monetary Authority of Singapore (MAS), and shifted its Singapore business focus to crypto derivatives trading. FalconX said it would maintain its presence in the Asian market and expand
COIN+5.57%
ETH-1.26%
Bisc·08-04 01:57
FalconX裁撤10%全球員工

BlackRock launches two tokenized money market funds and already manages $60 billion in reserves for Circle

BlackRock (NYSE: BLK) shares are drawing market attention as the company launches two new tokenized money market funds: BSTBL (BlackRock Select U.S. Treasury Liquidity Fund) and BRSRV (BlackRock Daily Reinvestment Stablecoin Reserve Vehicle). BlackRock CFO Martin Small said during the 2026 Q2 earnings conference call that BlackRock currently manages $60 billion in reserves for Circle. BSTBL and BRSRV product framework The core framework for BlackRock’s two tokenized money market products is as f
CRCL+4.35%
BLK-0.50%
ETH-1.26%
Bisc·08-04 01:35
貝萊德推出兩檔代幣化貨幣基金

Zcash Surges Past $490 Following Nym's Ironwood Pool Adoption

Zcash (ZEC) surged nearly 5% past $490 on the afternoon of Aug. 3 following Nym's adoption of Zcash's Ironwood shielded pool for its network services. The rally saw ZEC recover from just over $470 recorded at 4:10 a.m. EST to a session high just short of $494 during a six-hour rally. The surge was t
ZEC+1.16%
NYM-0.42%
ZK+0.39%
ZBT+1.73%
COTI-2.75%
GateCryptoDesk·08-03 22:38
Zcash Surges Past $490 Following Nym's Ironwood Pool Adoption