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The Brooklyn woman jailed for two months for refusing to say what happened to her missing autistic son on Tuesday was ordered released by a judge who ruled she was being punished for exercising her rights. Jacqueline Pritchett, 50, must still show up in Family Court next week to be questioned once again about her son, Jacob Pritchett, a nonverbal 11-year-old missing since at least April. His mother, who has mental health issues, let police and an Administration for Children’s Services caseworker into her Brownsville apartment on Oct. 1 when they were checking on a tip about Jacob’s well-being. But…
Market research is a $90 billion industry that helps brands figure out how to best present themselves to potential customers. But that market insight isn’t cheap, nor is it quick. Cashew Research wants to change that using AI. Calgary, Alberta-based Cashew uses AI to develop market research plans and surveys for brands based on what information they are looking for — like what their brand recognition is for a specific population or how a marketing tagline resonates with customers. Cashew then sends the survey to real people and uses AI to summarize and digest the findings. Cashew was one of…
Digital Asset and a group of financial institutions completed a second round of onchain US Treasury financing on the Canton Network, introducing real-time collateral reuse and expanding the number of stablecoins involved.Five transactions were executed in the newest phase, building on the July pilot, which first demonstrated that US Treasurys and the USDC (USDC) stablecoin could be combined to finance and settle transactions on the blockchain.In the latest trial, the companies used multiple stablecoins to finance positions against tokenized US Treasurys, widening the pool of onchain liquidity available for financing transactions. The trial showed that tokenized US Treasurys could be…
Digital Asset and a group of financial institutions have completed a second round of onchain US Treasury financing on the Canton Network, introducing real-time collateral reuse and expanding the number of stablecoins involved.Five transactions were executed in the newest phase, building on the July pilot, which first demonstrated that US Treasurys and the USDC (USDC) stablecoin could be combined to finance and settle transactions on the blockchain.In the latest trial, the companies used multiple stablecoins to finance positions against tokenized US Treasurys, widening the pool of onchain liquidity available for financing transactions. The trial showed that tokenized US Treasurys could…
Real-world asset (RWA) tokenization network Real Finance secured $29 million in private funding to build an infrastructure layer for RWAs, aiming to make it easier for institutions to adopt tokenized assets.The funding round included a $25 million capital commitment from Nimbus Capital, a digital asset investment firm, with additional participation from Magnus Capital and Frekaz Group, the company informed Cointelegraph. Real Finance said that the funding will be utilized to expand its compliance and operational infrastructure as it develops a full-stack RWA platform.In the near term, the company aims to tokenize $500 million worth of RWAs — a target it says…
Key takeaways:Ethereum’s base layer activity has cooled, with fees and TVL dropping, showing slower demand despite the recent price recovery.Layer-2 networks are growing rapidly, helping to support Ethereum even as base layer usage weakens and traders remain cautious.Ether (ETH) rallied to a three-week high near $3,400 on Tuesday after weak United States job market data reinforced expectations that US monetary policy could become less restrictive sooner than previously thought.Even with the 11.2% weekly gains, traders still worry that sluggish Ethereum network activity and limited demand for bullish leverage may curb the short-term upside. Blockchains ranked by seven-day network fees, USD.…
A new regulatory filing by Tidal Trust has proposed listing and trading an exchange-traded fund that will hodl Bitcoin during off-market hours.In a Tuesday filing with the US Securities and Exchange Commission, Tidal Trust II submitted a Form N-1A registration statement to add two Nicholas Wealth Management ETFs tied to Bitcoin (BTC) to its existing fund. The offerings, which included the Nicholas Bitcoin and Treasuries AfterDark ETF, would only buy BTC when US market trading hours ended and sell it at opening, effectively hodling through the day.“When utilizing Bitcoin Futures, the Fund trades these instruments during US overnight hours and…
The US Office of the Comptroller of the Currency has affirmed that national banks can intermediate cryptocurrency trades as riskless principals without holding the assets on their balance sheets, a move that brings traditional banks a step closer to offering regulated crypto brokerage services.In an interpretive letter released on Tuesday, the regulator said banks may act as principals in a crypto trade with one customer while simultaneously entering an offsetting trade with another, a structure that mirrors riskless principal activity in traditional markets. “Several applicants have discussed how conducting riskless principal crypto-asset transactions would benefit their proposed bank’s customers and business,…
CryptoUK, a UK-based cryptocurrency trade association, said it will join the Digital Chamber, a US crypto policy advocacy group, potentially marking a significant cross-collaboration on digital asset regulation between the two countries.In a Tuesday notice, CryptoUK said its team would fall under the Digital Chamber’s umbrella as part of a “unified, cross-border advocacy platform.” Both groups have worked in their respective countries to promote policies favoring the cryptocurrency and blockchain industry, starting with the Digital Chamber in 2014 and CryptoUK in 2018.“CryptoUK has always aspired to ensure we are driven by policy-led issues, member collaboration, and regulatory engagement,” said Su…
A Stranger Things crossover update has unexpectedly hit Microsoft Flight Simulator 2024, letting players fly helicopter missions over the now famous town of Hawkins, Indiana, in a tricked-out chopper. Stranger Things is one of Netflix’s most-watched original shows, and with the fifth season currently being released in installments, Microsoft Flight Simulator 2024 fans can bide their time in between episode drops with flyovers of the land above Upside Down. The final season of Stranger Things premiered exclusively on Netflix on November 26, but fans have only been able to see four of its eight total episodes, with Stranger Things season…