Category: crypto

BlackRock is exploring tokenizing ETF shares tied to real-world assets, following the success of its BUIDL tokenized money-market fund. CEO Larry Fink believes all financial assets can be tokenized. This move would enable trading beyond traditional hours, improve international access, and create new collateral opportunities. Regulatory challenges exist in reconciling ETF settlement with blockchain trading…

Figure (FIGR) shares closed at $31.11 on Nasdaq debut, gaining 24% from pre-sale price, establishing a $6.6 billion market cap. Despite recent crypto IPO volatility, Figure’s steady trading pattern reflects institutional confidence in tokenized credit model. Analyst projects potential upside to $60-75 over 18-24 months based on adoption and margin expansion.

REX Shares and Osprey Funds are set to debut five new crypto exchange-traded funds (ETFs) next week, structured similarly to their Solana SSK ETF. The RIC framework they employ allows for flexibility in holding spot crypto assets, using derivatives, and investing in other ETFs. The SEC is working on a standardized listing framework for crypto…

Coinbase is demanding accountability from the SEC after the agency deleted nearly a year of text messages from former Chair Gary Gensler during a crypto enforcement campaign. The filing seeks expedited discovery and production of all communications. The SEC allegedly violated court orders by not producing all texts and claiming searches were incomplete.

Aave, a decentralized lending protocol, aims to reduce governance risks within the Ethereum layer-2 network, Scroll’s ecosystem. The proposal by ACI includes defensive measures to protect users and liquidity pools by increasing reserve factors and lowering supply and borrowing caps. This comes amid instability in Scroll’s decentralized governance model.

Crypto protocols raised $1.9 billion in August, down from July. DeFi protocols dominated funding, with major raises from Portal, M0, and aPriori. AI and infrastructure projects also secured substantial funding. Cybersecurity and stablecoin infrastructure attracted capital. Public token sales saw a decrease. Layer-2 solutions received strategic investments. Institutional interest remains strong.

A long-dormant Bitcoin whale has resurfaced, moving funds untouched since 2012. Three connected addresses shifted 137 BTC, worth $15.6 million, out of a cache of 955 BTC ($108 million). Some funds were sent to Kraken, suggesting intent to sell. This movement reflects a trend of dormant Bitcoin wallets reawakening.

Ethena Labs withdrew its bid to issue Hyperliquid’s USDH stablecoin due to concerns raised by validators and community members. Despite this, Ethena’s broader plans on Hyperliquid remain unchanged, focusing on products such as synthetic dollars, savings and card products, and hedging flows. Young emphasized the importance of competitiveness and innovation.

TRON DAO participated as a 3 Block Sponsor of CoinDesk: Policy & Regulation conference in Washington D.C. The event brought together key policymakers, regulators, and government officials to discuss combating financial crimes in the cryptocurrency sector. TRON’s T3 Financial Crimes Unit has frozen over $250 million in illicit assets globally.

On September 10, Ethereum’s Beacon Chain experienced a major slashing event, penalizing 40 validators for conflicting attestations. Most affected operators were linked to Ankr, with one validator losing 0.3 ETH worth $1,300. Slashing occurs when validators violate consensus rules, often due to errors in running keys across multiple environments. Validators must continue operating despite fines…