The crypto industry’s new political action committee, Fellowship PAC, rushed out of the gate this month with $11 million in support, and it has so far booked $3 million in advertising services through a company co-founded by Tether US CEO Bo Hines. Focusing its support on Republican politicians in congressional and gubernatorial races, the super […]
Legal & General Asset Management announced on Wednesday that it is placing the more than 50 billion pounds (about $68 million) in liquidity funds it manages onchain through a new distribution channel built by Calastone. “We are thrilled to make our liquidity funds available on the Calastone Tokenized Distribution Network,” said Ross McDonald, Liquidity Investment
Asset manager L&G brings its $68 billion money market funds onchain via Calastone Read More »
Tether, the company behind the world’s largest stablecoin USDT USDT$1.0001added another $70 million worth of bitcoin BTC$74,440.57 to its reserves, expanding a stable accumulation strategy linked to its stablecoin business. Blockchain data from Arkham Intelligence shows 951 BTC moved on Wednesday from Bitfinex to a wallet labeled “Tether: BTC Reserve.” The address matches one previously
Tether continues to stack BTC, adding $70M in tokens to the stablecoin reserve Read More »
Network news BITCOIN PROPOSALS THAT COULD FREEZE QUANTUM-RELATED COINS: Bitcoin was built on a promise that no one can touch your coins without your private key. No government, no bank, no one. That promise is now, for the first time in Bitcoin’s 16-year history, being challenged by the developer community itself as part of efforts
Bitcoin proposal that could freeze quantum-related coins Read More »
A leading Bitcoin core developer said he would rather see the estimated 5.6 million bitcoin BTC$74,121.48 he believes to be lost frozen by the network than to risk them falling into the hands of future quantum hackers. Jameson Lopp told CoinDesk that while he doesn’t want to freeze anyone’s bitcoin, it may be safer for
Bitcoin developer says 5.6 million ‘lost’ tokens may need to be frozen to stop hackers Read More »
Crypto exchanges have become the primary places where millions of people and businesses store and transfer digital money. According to industry data, the crypto market currently sees around $190-$192 billion in 24-hour trading volume. As exchanges expand into multi-asset venues, the security mechanism evolves beyond wallets to identity, permissions, pricing and settlement. Yet their security
Wall Street won’t buy ‘trustless’ security pledges Read More »
Welcome to our institutional newsletter, Crypto Long & Short. This week: Tricia Gallagher on how fixing broken digital identity systems must be state-led and user-controlled. Top headlines institutions should be aware of by Francisco Rodrigues. Crypto TCG gacha volume hits record high as CARDS token surges 52% in Chart of the Week. Thanks for joining
why state-controlled identity is the future Read More »
Morgan Stanley is signaling a growing focus on tokenization and blockchain-based infrastructure, hitting “onchain” finance as a potential next step in how it serves wealth clients. During the bank’s first-quarter earnings call, executives described a future where assets and liabilities move more freely over digital rails. “How do you think about a tokenized world? How
TeraWulf ( WULF ), a US data center operator focused on bitcoin mining and AI computing, saw its shares fall early Wednesday after the company announced a $900 million capital raise. The firm priced 47.4 million shares at $19 each. WULF is down 5.8% to $19.73 in early trading. The underwriter greenshoe option is for
WULF fell 6% after raising capital of $900 million Read More »
The Central Bank of Pakistan notified all banks and financial institutions in the country that the ban on providing crypto services has been lifted. However, according to the new state banking rules, banks are prohibited from investing, trading or holding crypto assets using their own funds or customer deposits. The State Bank of Pakistan’s move
Pakistan ends seven-year crypto restriction, allows banks to operate licensed providers Read More »
