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Latest from Will Canny
Morgan Stanley Says Crypto Ecosystem Is Becoming Less Decentralized
The Ethereum blockchain has become more centralized following the shift to proof-of-stake as 60% of validators are managed by only four companies, the report said.
Brokerage Firm Bernstein Says NFTs Are Not Dead
These tokens are redefining the crypto consumer stack, the report said.
Morgan Stanley Says Crypto ETPs Continue to Grow Despite Bear Market
There are more than 180 crypto ETF/ETP and trust products, and half of these have launched since the bitcoin bear market started, the bank said.
Crypto Bank Silvergate Capital's Shares Fall After Wells Fargo's Bearish Call
The bank's analysts say Silvergate's growth potential is limited during crypto winter.
Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’
Barclays initiates coverage of the bitcoin miner with buy-equivalent rating.
Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers
Increased crypto regulation could drive users to decentralized platforms, the bank said.
Bernstein Says Polygon Blockchain Is Bringing Crypto to Consumers
The blockchain’s success has come from its ability to build a more mainstream customer gateway, the report said.
Blockchain-Powered Reinsurer Re Raises $14 Million Seed Round to Build Decentralized Market
The company sees its protocol as providing collective backing of insurance policies in a similar way to the Lloyd’s of London market.
Crypto Trading Firm Talos to Expand in Europe, US With New Hires
The trading platform has made three key appointments in sales and business development.
Bank of America Says Cryptocurrencies Continue to Act as Risk Assets
Ether continues to slide as investors shift to a wait-and-see approach regarding future upgrades, the bank said in a research report.
