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From $4B peak to shutdown: What Kadena’s fall teaches other L1 blockchains
When Kadena Organization, the company behind the Kadena blockchain, announced it was shutting down operations on Oct. 21, the message was formal, quiet, and devastatingly simple. The company thanked i...

PortX Plans to Expand AI-Powered Banking Integration Platform With New Funding
PortX, an AI-powered data integration platform for banks and credit unions, has closed a strategic growth round backed by Allied Solutions and the American Bankers Association (ABA), according to a Mo...

The Digital Asset Dictionary: Tokenized Deposits for Payments and Treasury
Forget stablecoins. In the alphabet soup of digital assets, another term that has begun surfacing is tokenized deposits. Federal Reserve Governor Michael Barr on Thursday (Oct. 16) called t...

Truist Pilots Embedded Banking Solution for Several Leading ERPs
Truist is piloting an embedded banking solution that enables treasury workflows like reconciliation and reporting, real-time payments and approvals within supported enterprise resource planning system...