Clarity’s progress may depend on what the president is willing to accept in the ethics section and whether he will support a bill that directly restricts his business. He has urged Congress to pass a Clarity Act, but he has never explicitly addressed what he is willing to sign into law when the restrictions are […]
High-level White House meeting planned, sources say Read More »
Investment giant Cantor Fitzgerald and cryptocurrency-focused broker-dealer Securitize ( SECZ ) are revamping initial public offerings (IPOs) with tokenization and blockchain technology, the companies said Wednesday. Under the agreement, Cantor will leverage its equity capital markets and trading capabilities, while Securitize will provide the tokenization infrastructure used to issue, distribute and service tokenized securities, according
Cantor and Securitize collaborate on blockchain-based IPOs Read More »
DTCC protects more than $114 trillion in securities, making it one of the most important parts of the financial market infrastructure. Every day it records ownership and settles transactions involving stocks, bonds and other securities. Instead of creating new digital assets, DTCC’s system converts existing securities into blockchain-based “digital twins” that retain the same legal
An attacker drained approximately $18 million in USDC from Ostium’s liquidity vault on Arbitrum in an oracle manipulation exploit discovered by blockchain security firm Blockaid, onchain data shows. According to Blockaid’s alert, the attacker leveraged a registered PriceUpKeep forwarder, a component of Ostium’s automated infrastructure, to submit oracle price reports with future-dated timestamps. The manipulated
Ostium loses $18 million in oracle attack that gamed its own price-feed infrastructure Read More »
In Utah, which passed State-Endorsed Digital Identity (SEDI) legislation, Cardano Foundation-built Veridian has already demonstrated that digital identity can be delivered in a privacy-preserving way, allowing users to prove they are over or under a certain age without revealing other data. It is a working model of what responsible verification can look like and shows
The privacy paradox of protecting children online Read More »
South Korea plans to update its 76-year-old national wealth management system to formally include virtual currencies and intellectual property in the country’s definition of national assets, according to the Ministry of Economy and Finance’s economic policy roadmap released on Wednesday. The proposal intends to overhaul the National Property Act, which dates back to 1950, and
South Korea’s new economic roadmap is a massive bet on blockchain technology Read More »
Welcome to The Protocol, CoinDesk’s technical newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk. We give you a deeper look at the biggest trends, breakthroughs and debates shaping blockchain technology every week. This week, we unpack the timeline of all the changes at the Ethereum Foundation since the
A timeline of the Ethereum Foundation’s ongoing shakeup Read More »
Noxa, the largest token launch site on the Robinhood Chain, ceased operations after earning an estimated $12 million in fees, according to DefiLlama, in the past week, citing concerns about low-quality tokens flooding the platform. The shutdown unfolded over a matter of days. On July 11, just as CASHCAT, the chain’s breakout memecoin, reached its
How Robinhood Chain’s Biggest Launchpad Made $12 Million and Disappeared Read More »
The figures contrast with BlackRock’s broader business, which had record assets under management (AUM) of $15.3 trillion after attracting $192 billion in net inflows during the quarter. The company also beat Wall Street expectations with adjusted earnings per share at $13.91 on $7.08 billion in revenue. BLK shares traded 4.15% higher at £1,068 in pre-market
BlackRock’s crypto assets fall 39% despite $15 billion in net inflows Read More »
Bitcoins BTC$64,649.46 Tuesday’s rally fizzled out as investors believed a weaker-than-expected US inflation figure was not enough to prompt a rate cut by the Federal Reserve. While still up 3% over 24 hours, the largest cryptocurrency is down 0.5% since midnight. Ether (ETH), up 4.7% in 24 hours, has also retreated 0.5%. At Polymarket, the
