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RWA sector could reach $600B in next five years: BCG
30.10.2024
A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years.
RWA sector could reach $600B in next five years: BCG
30.10.2024
A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years.
With Net Worth 135 Billion Yuan, Binance’s CZ Is 16th on the Hurun Rich List
29.10.2024
On October 29, Hurun Research Institute released the latest “2024 Hengchang Shaofang Hurun Rich List”, which also features…
Weekly digital asset inflows reach $901M, totaling $27B in 2024
28.10.2024
According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment
Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability
28.10.2024
The G7’s finalized deal approving a Russian assets-backed loan of $50 billion to support the Ukrainian war effort has the potential to upset the Western financial system. Critics state that the U.S. and other countries may face repercussions, including losing the trust of some of their...
Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets
23.10.2024
Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 million in retail loans and $1.41 billion in institutional loans, with Q3 alone accounting for over $506...
US election optimism fuels $2.2B inflows in crypto products
21.10.2024
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US
Bitcoin open interest exceeds $40B amid brush near $70K
21.10.2024
High open interest signals more leverage, which could induce another flush-out if positions are liquidated.
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal
20.10.2024
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing the significance of this milestone deal....
Stripe Doubles Down on Stablecoin Market, Reportedly in Advanced Talks to Acquire Bridge for $1 Billion
18.10.2024
Payments giant Stripe is in advanced discussions to acquire the San Antonio-based stablecoin platform Bridge for $1 billion, according to reports by Bloomberg and Forbes. Founded by former Coinbase employees Zach Abrams and Sean Yu, Bridge specializes in enabling businesses to create, store,...
US Treasury used AI to recover $4 billion in fraud over past year
18.10.2024
The US Treasury has tapped into AI machine learning to sift through data to detect and prevent billions of dollars in check fraud
BlackRock’s Bitcoin Holdings Reach $25 Billion
16.10.2024
Bitcoin holdings of BlackRock have reached a high of $25 billion. IBIT now has an AUM of 375,169…
Nansen ‘Beyond DeFi’ report highlights $3.2B market for AI services
15.10.2024
The report indicated that DePIN and NodeFi may be the most profitable verticals for decentralized finance going forward
China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets
15.10.2024
China’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel...
UK, Colombia crypto exchanges linked in TD Bank record fine
14.10.2024
TD Bank facilitated more than $1 billion worth of bank transfers from two international crypto platforms, according to FinCEN
Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark
12.10.2024
Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last...
FBI Warns Investors of Growing Crypto Scams Amid Billion-Dollar Losses
11.10.2024
The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing over more funds before...
SEC Charges Cumberland DRW for Unregistered $2 Billion Crypto Securities Dealings
11.10.2024
The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register...
Why $390 Billion in Bank Fines Show Crypto Isn’t the Problem
10.10.2024
Regulators have begun a very aggressive and intense regulatory supervision of cryptocurrencies, with an overwhelming consensus on the…
Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
8.10.2024
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding...