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You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday. Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc., CoinDesk Indices or its owners and affiliates. …and if you’re looking for bitcoin meets Broadway: Crypto is taking the stage.

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The blockchain and AI developer platform has completed two years of audits and wants its shares available onchain from the first day of trading. EasyA, a platform that helps developers build blockchain and artificial intelligence applications, reached a $1.1 billion valuation as it prepares to go public in the first half of next year, co-founder and CEO Philip Kwok told CoinDesk in an interview Tuesday. The platform, which was founded.

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The asset manager's crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below year-ago levels. BlackRock's crypto funds had a much better third quarter than first half of the year but they still have a long way to go to recover the assets lost during the broader crypto market downturn. The asset manager reported $79.6 billion in digital assets under management at the end of.

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Congress must decide how the U.S. can build the infrastructure its booming digital economy requires while protecting the communities that host it. The Ratepayer Protection Act recently failed a procedural vote in the U.S. Senate. With 57 senators voting to advance the measure and 43 opposed, it fell short of the 60 votes needed to move forward. This isn't the end of the story for this policy idea. It is.

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Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending. Payward, the parent company of crypto exchange Kraken, said it agreed to acquire Lithuania-based Saldo Bank for an undisclosed amount, giving it a European Union (EU) banking license as it expands beyond crypto trading into traditional financial services. The acquisition will make Payward the first crypto firm to.

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The news could put multiple rate hikes by the Federal Reserve back into play. U.S. inflation sped up more than expected in September, perhaps putting multiple Federal Reserve rate hikes back into play. The September Consumer Price Index rose 0.6%, according to a Wednesday morning report from the Bureau of Labor Statistics. That’s up from 0.4% in August, and in line with economist forecasts for 0.6%. On a year-over-year basis,.