Lastest Stories by Tim Fries

Base's TVL Surges Exponentially as Memecoin Frenzy Takes Over
Over the weekend, Base’s total value locked climbed by over 3,000%.
Tim Fries
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Tether's Operational Profit Was Over $1B in 2023 Q2: Report
Tether's latest Consolidated Reserves Report breaks down the company’s total assets and profits it held in the second quarter.
Tim Fries
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Binance Obtains License to Operate as a Crypto Broker-Dealer in Dubai
Binance announced on Monday it has secured an operational license in Dubai, becoming the first cryptocurrency exchange to do so.
Tim Fries
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CRV Down 12.6% After $70M Curve Finance Exploit
Curve Finance lost roughly $70 million in digital asset funds following a series of hacks on its liquidity pools on Sunday.
Tim Fries
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Is the Fed Close to Achieving a Soft Landing for the US?
The fact that GDP significantly beat expectations lends credence to the soft landing narrative.
Tim Fries
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Core PCE Drops to 4.1%, Lowest in Over Two Years, as US Inflation Cools
The Federal Reserve’s preferred inflation gauge fell in June to the lowest reading in more than two years.
Tim Fries
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Oil on Track for 5th Week of Gains as US Soft Landing Seems Possible
Oil prices have been on a tear recently, supported by deepening supply cuts announced by the world’s largest oil producers earlier this month. As a result, benchmark crude and oil prices are in the...
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Sequoia Capital Cuts Cryptocurrency Fund From $585M to $200M, Will Focus on Startups
Sequoia Capital has cut its cryptocurrency fund from $585 million to $200 million to address shifting market conditions.
Tim Fries
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Bank of Italy Picks Polygon to Experiment With Institutional DeFi
The Bank of Italy has selected Ethereum’s scaling network to interface financial institutions with decentralized finance protocols.
Tim Fries
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Smart Contracts Growth Resilient Despite Bear Market: Report
In spite of unfavorable market conditions in the second quarter, the cryptocurrency industry recorded a noteworthy growth in smart contract applications.
Tim Fries
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Securitize to Tokenize Real Estate Trust in Compliance with EU's DLT Pilot
Digital asset securities firm Securitize has issued the first tokenized securities under European Union’s Distributed Ledger Technology pilot regime.
Tim Fries
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Meta Up 9% Premarket After Strong Earnings Reported With 'Monster' Guidance
Shares of Meta Platforms traded higher early Thursday after the tech giant offered an upbeat revenue forecast.
Tim Fries
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Boeing Up 4% as Firm Reports Better Than Expected Earnings
Shares of Boeing rallied early Wednesday after the airplane maker’s better-than-expected results reignited investors’ optimism.
Tim Fries
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Crypto.com Grows Its Presence in Asia-Pacific With New Partnership
Crypto.com aims to expand its presence in Asia-Pacific, one of the fastest-growing global cryptocurrency markets.
Tim Fries
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Chances of a 25 BPS Hike at 98.9% as FOMC Decision Due Today
The Federal Open Market Committee (FOMC) will announce its next interest rate move on Wednesday.
Tim Fries
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