As financial institutions increase their investments in blockchain technology, the impact on the broader financial industry is becoming more evident. With institutions like Citi and JPMorgan expanding their blockchain portfolios, the future of finance may see new developments, but it will also face hurdles.
Securitize Inc., a leader in real-world asset (RWA) tokenization, has recorded over $1 billion in on-chain issuances alongside the launch of new fund administration services.
This move makes Franklin Templeton the first asset manager to bring a tokenized fund to Base. It adds an exciting new layer to the world of finance.
TL;DR Paxos launched the Global Dollar (USDG) stablecoin, fully backed by USD reserves, in collaboration with Singapore's DBS Bank, complying with the Monetary Authority of Singapore's regulatory framework.
Abu Dhabi-based cryptocurrency exchange M2 claims it has resolved a $13.7 million incident after allegedly falling victim to a hacker attack. Cryptocurrency exchange M2, co-founded by Bijan Alizadeh Fard and Stefan Kimmel, has suffered a “cybersecurity incident involving $13.
Major financial institutions, including BlackRock and PayPal, increasingly invest in blockchain technology. This growing interest shapes the cryptocurrency market in new ways, but it also raises questions about the future of crypto's core principles.
BingX Labs, the innovative arm of BingX dedicated to identifying and nurturing transformative blockchain ventures, proudly announces its investment in AgentLayer, a groundbreaking project focused on building a decentralized, permissionless network for autonomous AI agents.
Craig Wright, who is not Satoshi, attended a court hearing today concerning a contempt application filed by the Cryptocurrency Open Patent Alliance (COPA). The judge scheduled the contempt hearing for Dec. 18, with discussions on whether Wright must appear in person and potential cross-examination.
Following a $400,000 ‘rug pull' of three Solana NFT projects in 2022, two men face up to five years in U.S. prison.
Binance is set to adjust the tick size for various USDⓈ-M Perpetual Futures Contracts to enhance market liquidity and user experience.
New data shows crypto companies have spent $400 million on SEC-related costs since 2021, with two-thirds of voters supporting clearer regulations before further enforcement actions.
A recent report revealed North America is losing ground to other regions in a key sector. The continent, led by the US, was dethroned as the largest hub for crypto developers after recording a sharp decline in its developer's share over the past decade.
Bridge acquired Triangle for an undisclosed amount.
Bitcoin (BTC) is bouncing after a confirmation of the major $69,000 horizontal support. Is this the last chance to get into altcoins before crypto potentially explodes?
TL;DR Spacecoin XYZ plans to launch the first-ever blockchain network in outer space, using a fleet of nanosatellites to establish a decentralized physical infrastructure network (DePIN). The blockchain system will leverage an Iridium distributed network of satellites, making it resistant to denial-of-service (DoS) attacks and censorship attempts, ensuring high security and reliability.
UBS Asset Management has caught the eyes of traders with its latest launch of the first Ethereum-based tokenized money market fund, uMINT. The fund is specifically tailored for Singapore users.
This network aims to build a foundation for off-world data centers and a future space economy. The team at Spacecoin XYZ, a startup that uses satellites, believes their new method for launching a blockchain network could change how we think about commerce in space, possibly even surviving an apocalypse.
Binance introduces a new game where users can collect Crypto Plants and share a 2 million Binance Points reward pool, enhancing user engagement and loyalty.
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.
As the U.S. presidential election approaches, speculation has intensified over potential successors to Gary Gensler, the current Chair of the Securities and Exchange Commission (SEC). Gensler, appointed by President Joe Biden in 2021, has faced criticism for his stringent regulatory stance, particularly concerning cryptocurrency markets.
The new stablecoin is designed to be compliant with the upcoming regulatory framework from the Monetary Authority of Singapore.
Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets. According to Oct. 30 court filings, these settlements still require court approval, with a hearing set for Nov. 20.
Paxos has launched its Global Dollar (USDG) stablecoin in Singapore, fully compliant with the Monetary Authority of Singapore's regulations, aiming to enhance enterprise adoption of stablecoins while ensuring robust liquidity and regulatory adherence. The post Paxos Launches USDG Stablecoin in Singapore Compliant to Regulatory Framework appeared first on Cryptonews.
Law enforcement has been gunning for SBF and Nishad Singh's testimony turned out to be useful.
Changpeng Zhao, the former CEO of Binance, the world's largest cryptocurrency exchange by trading volume, made his anticipated return to the public eye at the Binance Blockchain Week in Dubai on Wednesday. This appearance marks his first since serving four months in prison, which has reshaped his outlook on life and leadership.
A recent research report by Coincub and Blockpit highlights how varying tax policies, from zero taxes in the UAE to high rates in the U.S., shape crypto investment strategies.
A recent study by Electric Capital reveals that the proportion of crypto developers in the US has significantly decreased over the past decade.
The co-founder and former CEO of Binance, Changpeng Zhao (CZ), has published a selfie from a recently attended crypto event.
This special type of digital money is designed to be as stable as the U.S. dollar. The exciting part about USDG is that it's backed by real U.S. dollars, which means you can trust its value.
Franklin Templeton, one of the world's largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethereum rollup. According to the institution, this move makes it the first organization to build a tokenized fund on top of Base.
MyTrade founder Liu Zhou has pleaded guilty to orchestrating a massive crypto market manipulation scheme using wash trading bots, facing up to five years in prison for creating millions of fraudulent daily transactions that artificially inflated trading volumes.
Crypto.com is making significant strides in expanding its U.S. operations with the acquisition of Watchdog Capital LLC, a broker-dealer registered with the SEC.
The UK's Financial Conduct Authority maintains its strict regulatory standards for digital currency firms despite industry pushback, requiring comprehensive compliance with AML/CFT rules, consumer protection measures, and operational resilience standards.
Crypto startup Spacecoin XYZ announced plans to launch the first blockchain network in outer space using a fleet of nanosatellites. According to a Spacecoin XYZ's whitepaper published on Nov.
A mode of betting somewhat different from that of other platforms.
Paxos has launched USDG, a new dollar-pegged stablecoin managed by DBS Bank and designed to comply with Singapore's upcoming regulatory framework, initially available on Ethereum with plans for multi-chain expansion.
Dutch Central Bank fines cryptocurrency exchange Bybit $2.45 million for operating without proper registration while violating anti-money laundering requirements.
Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia.
Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total cryptocurrency value received worldwide.
Paxos introduces USDG, a US dollar-backed stablecoin, compliant with Singapore's MAS framework. Partnering with DBS Bank for secure reserve management, USDG aims to enhance global stablecoin adoption.
Danish crypto holders pay up to 53% in capital gains tax, the highest globally
PeckShield reports that October saw nearly 20 crypto hacks, leading to around $88.4 million in losses, with the top incident affecting Radiant Capital.
Russia's crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.
Stablecoin issuer Paxos has announced a new token dubbed “Global Dollar” that is “substantively compliant with MAS' upcoming stablecoin framework.
The U.S District Court in Manhattan has ruled the Citadel Securities' lawsuit accusing crypto-trading startup Portofino of stealing the firm's trade secrets can largely proceed. According to a court filing on Oct.
With the sudden crash in the crypto market, weekly gains are starting to evaporate. In the past 24 hours, the crypto market has witnessed a massive liquidation of $289 million, an increase of 172%. The bulls have suffered mostly in this liquidation phase, with a wipeout of $258 million.
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore's MAS framework.