💰 Users of the closed cryptocurrency exchange FTX have started receiving compensation as part of a distribution of funds totaling $900 million.
Several clients reported that distribution agents have begun returning funds to cover the losses incurred in 2022.
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Several clients reported that distribution agents have begun returning funds to cover the losses incurred in 2022.
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💔 According to Galaxy Research, the estimated losses from the Coldcard wallet incident have risen to $70 million.
The study revealed 1,196 addresses that lost 1,082.65 bitcoins in just 41 minutes, significantly expanding the scale of what happened.
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The study revealed 1,196 addresses that lost 1,082.65 bitcoins in just 41 minutes, significantly expanding the scale of what happened.
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📈 The trading volume of tokenized stocks in July increased by 288%, but the main contribution to this growth came from a single token — QQQB.
💰 Excluding QQQB, the trading volume of tokenized stocks would have been approximately $2.03 billion, which is 30% lower than in June.
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💰 Excluding QQQB, the trading volume of tokenized stocks would have been approximately $2.03 billion, which is 30% lower than in June.
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🚨 Trump Media has sold another 2,628 BTC, reducing its holdings to 4,261 BTC.
The company transferred these bitcoins to the Crypto.com platform, bringing the total amount of BTC sold in the last seven months to 7,281 BTC.
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The company transferred these bitcoins to the Crypto.com platform, bringing the total amount of BTC sold in the last seven months to 7,281 BTC.
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📈 Monthly Review of Ripple ETF (XRP): Good, Bad, and Mixed Results!
This week, Ripple funds showed positive momentum, finishing the period on a high note. Analyzing the performance, we can highlight both successful moments and setbacks.
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This week, Ripple funds showed positive momentum, finishing the period on a high note. Analyzing the performance, we can highlight both successful moments and setbacks.
🌐 Links | Trade on Bybit | Trade on BingX | Trade on Polymarket
🏦 HashKey Exchange has received approval from JPMorgan to open client accounts!
Following the recent launch of accounts for clients with DBS Bank, HashKey continues to expand its financial capabilities, now partnering with one of the largest banks in the world.
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Following the recent launch of accounts for clients with DBS Bank, HashKey continues to expand its financial capabilities, now partnering with one of the largest banks in the world.
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🪙 BlackRock launches tokenized money funds for stablecoin reserves
The largest asset manager has introduced two blockchain-based money market funds that meet the requirements for stablecoin reserve assets under the American GENIUS law.
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The largest asset manager has introduced two blockchain-based money market funds that meet the requirements for stablecoin reserve assets under the American GENIUS law.
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🇺🇸💹 The first joint intervention by the US and Japan in the currency market in 28 years has drawn attention to Bitcoin and risky assets amid record bond yields and concerns regarding operations with the Japanese yen.
The intervention could cause significant liquidity fluctuations in the markets, which is important for investors in cryptocurrencies and other risky assets to consider.
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The intervention could cause significant liquidity fluctuations in the markets, which is important for investors in cryptocurrencies and other risky assets to consider.
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🏦 BNY Mellon launches staking services for institutional clients in partnership with Galaxy.
The largest custodial bank is expanding its range of services by adding the ability to stake Proof-of-Stake assets. This will allow qualified clients to earn income on their crypto assets.
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The largest custodial bank is expanding its range of services by adding the ability to stake Proof-of-Stake assets. This will allow qualified clients to earn income on their crypto assets.
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📊 Forgd launches a rating of crypto market makers on the DefiLlama platform!
The rating is based on data from over 500 tokens and 35 market-making companies. However, it is important to note that it is not limited to trading efficiency alone.
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The rating is based on data from over 500 tokens and 35 market-making companies. However, it is important to note that it is not limited to trading efficiency alone.
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🌍 Western Union launches Stablecard for money transfers via the Visa network
Western Union is starting to roll out Stablecard in 37 countries, allowing transactions using stablecoins. This innovation aims to simplify cross-border payments and attract consumers looking for savings in US dollars amid an unstable economy.
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Western Union is starting to roll out Stablecard in 37 countries, allowing transactions using stablecoins. This innovation aims to simplify cross-border payments and attract consumers looking for savings in US dollars amid an unstable economy.
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📈 Tokenized real-world assets (RWA) continue to gain popularity despite the slowdown in the DeFi sector. According to CoinShares, the volume of RWA deposits has more than tripled, reaching $7.4 billion. 💰 Meanwhile, activity in lending and trading has also shown growth, indicating increased interest in tokenized assets amid the overall decline in the industry.
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🌐 Links | Trade on Bybit | Trade on BingX | Trade on Polymarket
⚖️ The U.S. Appeals Court upheld the sentence for Sam Bankman-Fried, the former head of FTX.
Three judges dismissed Bankman’s arguments that investors of the failed cryptocurrency exchange could have recouped their funds and avoided losses.
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Three judges dismissed Bankman’s arguments that investors of the failed cryptocurrency exchange could have recouped their funds and avoided losses.
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🚨 The head of First Digital stated that the delay in adopting the CLARITY Act provides an opportunity for Asian financial hubs.
Experts warn that the ongoing legislative uncertainty may slow down institutional adoption of cryptocurrencies, revive regulation through enforcement, and force innovations to move beyond the US.
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Experts warn that the ongoing legislative uncertainty may slow down institutional adoption of cryptocurrencies, revive regulation through enforcement, and force innovations to move beyond the US.
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