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UK Commits to Enabling DLT, Tokenization Work in its Wholesale Strategy
Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.
Risc Zero’s 'Boundless' Incentivized Testnet Goes Live
The incentivized testnet, which the team is calling its Mainnet Beta, will let users participate in the network's dec…
$3.5 million exploit hits DeFi platform Arcadia on Base
Certik said crypto users and decentralized finance (DeFi) protocols lost $302 million to hacks and scammers in May.
The Daily: Bitcoin sees fresh all-time highs, Ethereum reclaims a key level, BlackRock’s crypto ETFs set new records, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
GMX token surges 14% after hacker begins returning funds from $40 million exploit
The hacker exploited GMX's V1 GLP liquidity pool on Arbitrum this Wednesday, draining over $40 million in various cry…
Japanese property firm Gates Group to tokenize $75 million worth of Tokyo real estate via Oasys blockchain
Japanese real estate firm Gates Group has partnered with Oasys blockchain to tokenize $75 million worth of real estat…
Ethereum's ETH Surges to $3K as ETF Flows, Tokenization Narrative Fuels Rally
The second-largest crypto has lagged behind BTC during this cycle, but the narrative has started to turn more positiv…
Japanese Real Estate Firm GATES to Tokenize $75M in Tokyo Property on Oasys Blockchain
The initiative aims to simplify property transactions for foreign buyers by using blockchain technology to overcome l…
Australia's Central Bank to Explore Developing Wholesale Tokenized Asset Markets
Issuance of pilot wholesale CBDC for testing the use cases will take place on different blockchain platforms, such as…
Greece recovers part of funds stolen in Bybit hack as its first crypto asset seizure
Greek authorities carried out the country’s first-ever crypto seizure after tracing funds linked to the record-brea…
GMX suffers $42M hack, issues 10% bounty offer to hacker
A major security incident struck the decentralized exchange GMX, siphoning approximately $42 million from its Arbitru…
The Daily: Pump.fun confirms PUMP token sale plans, hacker drains over $40 million from GMX, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kraken and Backed Expand Tokenized Stocks to BNB Chain as RWA Momentum Accelerates
The launch of xStocks on BNB Chain comes on the heels of debuting on Solana DeFi protocols last week.
Hacker drains $42 million from decentralized perpetual exchange GMX
While a post-mortem of the attack has yet to occur, the hacker appears to have drained funds out of GMX's GLP liquidi…
Kraken and Backed to expand xStocks support to BNB Chain alongside Solana
Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. equities as BEP-…
Appchain protocol Tanssi Network launches mainnet, token to list on Binance and Kraken
The network supported more than 3,000 appchains and processed over 57 million transactions during its phased testnet …
BioSig, Streamex to Raise $1.1B for Gold Tokenization Initiative on Solana
While a growing number of listed companies are pursuing crypto treasury strategies, BioSig is focusing on gold as a t…
SoFi adds investment opportunities for pre-IPO firms such as OpenAI, SpaceX, Epic Games
SoFi joins major finance players Robinhood and Republic in offering retail investors exposure to private companies.
Tether Invests in Blockchain Forensics Firm Crystal Intelligence to Fight Crypto Crime
Tether aims to curb illicit use of its USDT stablecoin as cryptocurrency-related scams and fraud increase.
Dubai Sets RWA Milestone With First Approval of Tokenized Money Market Fund
The Dubai Financial Services Authority approved the QCD Money Market Fund backed by Qatar National Bank and DMZ Finance.
Dubai approves tokenized money market fund in RWA drive
The QCD Money Market Fund has received regulatory approval from the Dubai Financial Services Authority to operate in …
$2,800 bribe led to $148m hack of Brazilian finance firms; $40m laundered via crypto
Around $80 million has been frozen or recovered from the attack, the largest in history to affect Brazil's financial …
Hackers steal $140M from Brazilian central bank reserve accounts via partner breach
Hackers siphoned about R$800 million ($140 million) from six reserve accounts connected to Brazil’s central bank af…
Ondo Finance to Buy SEC-Regulated Broker Oasis Pro for U.S. Tokenized Stock Push
The deal, pending regulatory approval, would give Ondo licenses to operate a broker-dealer, ATS and transfer agent fo…
Coinbase's Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B
Coinbase's Layer 2 solution, Base, has experienced a net outflow of $4.3 billion this year, reversing its previous po…
Ondo, Pantera Capital to Invest $250M in Real-World Asset Projects
The new initiative aims to invest in projects that enhance tokenized finance and on-chain capital markets, Ondo said.
Abu Dhabi Ventures Into Bond Tokenization with HSBC and FAB as RWA Momentum Accelerates
The issuance of the first digital bond lays the groundwork for a broader set of tokenized assets like Islamic bonds a…
Abu Dhabi Ventures Into Bond Tokenization with HSBC and FAB as RWA Momentum Accelerates
The issuance of the first digital bond lays the groundwork for a broader set of tokenized assets like Islamic bonds a…
JPMorgan’s blockchain unit tests new carbon credit tokenization application with S&P Global
JPMorgan's upcoming application aims to set a single ecosystem for tokenized carbon credits that can address market f…
JPMorgan’s Blockchain Arm Kinexys Tests Tokenized Carbon Credits With S&P Global
The tokenization initiative could lay groundwork for standardized carbon infrastructure underpinned by blockchain tec…