Tranchess, an asset tracking decentralized finance (DeFi) protocol that prioritizes risk-managed solutions, has launched a BNB token fund as a Binance Smart Chain (BSC) validator. The move is intended to shift the protocol away from purely generating revenue from the creation and sale of new tokens. This BNB fund complements the existing bitcoin (BTC) and […]

U.S. President Joe Biden will nominate Sarah Bloom Raskin as the U.S. Federal Reserve’s vice chairman for supervision, CNBC reported on Thursday, citing people familiar with the matter. The president will also tap Lisa Cook and Philip Jefferson as Fed governors, according the report. Raskin was a governor at the central bank from 2010 to […]

Bitcoin miner Rhodium Enterprises plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO), according to its U.S. Securities and Exchange Commission (SEC) filing. After the IPO, the company will have about 56.8 million class A and 67.5 million class B shares outstanding, implying a market cap of between $1.49 […]

Former Commodity Futures Trading Commission (CFTC) chairman J. Christopher Giancarlo has joined crypto venture capital firm CoinFund as a strategic adviser. Affectionately called “Crypto Dad” by many in the cryptocurrency industry for his crypto-friendly stance as a regulator, Giancarlo’s role as adviser to the investment firm will focus on policy. Specifically, Giancarlo will help CoinFund […]