The wait is over! After concluding a private sale for waitlist participants, Cointelegraph’s Historical digital collectibles have officially launched. The nonfungible token minting feature is now open for anyone who wants to collect NFTs of articles published by the world’s largest crypto news platform. Starting Dec. 1, all articles published by Cointelegraph can be minted as NFTs on the Polygon blockchain. To collect an article, users must go to cointelegraph.com, select an article and click the “Collect as NFT” button found below the article’s artwork. After clicking the button, users are sent to a page where they can review the …

Decentralized finance (DeFi) protocol Babylon Finance has finally announced that it will shut down after months of trying to recover from the negative momentum that the Rari Fuse exploit caused. In a statement, founder Ramon Recuero explained that the platform experienced an insurmountable negative streak despite their team’s efforts to endure the domino effect caused by the hack. According to Recuero, the protocol lost $3.4 million in the hack. Following this, the total value locked within the platform went from $30 million to $4 million. To make matters worse, the Fuse pool was abandoned, taking out the lending market worth …

Popular retail trading platform Robinhood has fired 9% of its workforce amid a firesale of its stock that has seen HOOD plunge to all-time lows. In the past 30 days alone, HOOD has tanked roughly 38% to sit at $9.99 at the time of writing, marking the lowest price since the initial public offering launch in mid-2021. The decline is part of a longer-term bearish trend that has seen the price of HOOD continually decrease since its all-time high of roughly $70.39 on Aug. 4, 2021, according to TradingView. Robinhood publicly announced its staff readjustment via a Tuesday blog post …

The cryptocurrency market has matured from a fringe technology experiment to a global asset class valued at over $2.7 trillion. It’s about time we start treating it as a business — and reporting on it as such. Cointelegraph’s Business Beat has been busy over the past year covering the biggest developments in the blockchain and cryptocurrency industry. Capital raises, high-profile partnerships, mergers and acquisitions, institutional adoption and highly specialized investment funds have all headlined our business feed over the past year. To make business news more digestible, Cointelegraph has launched the Crypto Biz newsletter — delivered every Thursday directly to …

Arca Labs, the innovation arm of digital asset investment firm Arca, has partnered with blockchain tech firm Securitize to launch regulated, tokenized financial products. According to a Thursday announcement, Securitize has signed on to provide a smart contract and issuance platform for the firm, starting with Arca’s tokenized fund dubbed the “Arca U.S. Treasury Fund,” which was launched in July 2020. Arca touts the Arca U.S. Treasury Fund as the first treasury fund registered under the Investment Company Act of 1940 to issue shares as digital assets via the blockchain. The fund meets the same regulatory requirements as a mutual …

Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was incorporated in March 2021 by eight global national freight maritime cargo companies to build a blockchain platform that digitizes shipping processes, such as document issuance, clearance and logistics data. Members of the Hong-Kong-based nonprofit consortium GSBN are said to “account for one in every three containers handled in the world,” and this may soon be verifiable on the blockchain once the platform is fully utilized. The GSBN announced the launch of the new blockchain platform …

Retail trading platform Robinhood has rolled out a new recurring crypto investment feature for users who want to dollar cost average (DCA) into a coin. Given Dogecoin (DOGE) accounts for 62% of Robinhood’s crypto services revenue, the move could result in a steady stream of small buyers for the meme coin. The firm announced the launch of the new feature on Wednesday, and users are able to set up recurring investments in multiple crypto assets on a daily, weekly, bi-weekly or monthly basis. The minimum purchase amount is $1, with the firm promoting the feature as a simple way to …

Israeli blockchain tech developer Kirobo is launching a decentralized P2P token swap solution. According to the company the protocol, dubbed “Atomic Safe Swap,” offers a decentralized peer-to-peer trading alternative to centralized marketplace exchanges or over-the-counter (OTC) desks, and is set to launch on July 27. The service is built on Ethereum and supports Ether (ETH) and ERC-20 tokens. Atomic Safe Swap is an extension of the firm’s retrievable transfer solution,“Undo Button” which enables users to cancel and retrieve crypto transactions. The Undo Button provides an authentication key that the receiving party must enter for the transaction to be fulfilled. The …

Jay Cassano, Cointelegraph’s editor-in-chief, has accepted the role of CEO at Cointelegraph. Jon Rice, managing editor for Cointelegraph Magazine, will take over as the new editor-in-chief for the platform. Kristina Lucrezia Cornèr remains managing editor. “I’m grateful to Cointelegraph for this opportunity and the trust placed in me by the company,” said Cassano. “It is only possible to accept this role knowing that the editorial team is in excellent hands led by Jon and Kristina.” Cassano took the helm as Cointelegraph’s editor-in-chief in November 2019. An award-winning journalist who first discovered Bitcoin in 2011, he previously worked at Fast Company, …