Category: crypto

Tokenized stock transfer volume increased by 415% to $29.5 billion over 30 days, with Coinbase launching four equity tokens on Base. Monthly active addresses rose by 209% to 1.3 million. Onchain tokenized stock value reached $2.54 billion, a 637% increase from the previous year. U.S. investors are excluded.

BIS chief Pablo Hernández de Cos said stablecoins cannot credibly support payments at scale today. Tokenized deposits are a better option for programmable payments, according to de Cos. Stablecoins and tokenized deposits could coexist under defined roles and safeguards. Different jurisdictions have varying rules on stablecoin issuance and activities. Stablecoins could affect government borrowing costs…

A federal appeals panel rejected Kalshi’s attempt to block Nevada gaming regulators from enforcing state laws against its sports event contracts. The court found that Kalshi’s sports contracts are likely bets, not swaps, allowing Nevada to enforce its gaming laws. The ruling conflicts with a previous decision involving New Jersey and Kalshi.

The U.S. Securities and Exchange Commission is proposing a rule amendment to exempt European Union debt from futures trading, opening a 60-day public comment period. This exemption would apply only to marketing and trading of qualifying futures contracts, with the Commodity Futures Trading Commission having exclusive jurisdiction over the contracts.

Cardone Capital has added 1,200 BTC and 2,000 multifamily units to its real estate-backed Bitcoin strategy, increasing assets across private investment vehicles. The firm uses rental income to fund recurring Bitcoin purchases, aiming to accumulate 10,000 BTC across 10 specialized funds. Private funds carry risks and limits on investor withdrawals.

Crypto and blockchain companies raised $184.1 million in funding between Aug. 22 and Aug. 28, with RQD* Clearing leading with a $74 million investment. Fasset raised $68 million, Hivemind Digital Group raised $17 million, and Entropy received $14 million. Other projects received amounts ranging from $500,000 to $4 million.

NFT sales volume dropped 44.70% to $63.33 million in the past week, with the number of buyer and seller addresses increasing sharply. Ethereum led with $35.56 million in sales, followed by Bitcoin with $8.68 million. Courtyard topped collections with $6.09 million, and a Bitcoin NFT sold for $2.14 million.

Two U.S. fund filings on Aug. 27 and Aug. 28 list three XRP-linked ETFs, showing the token’s growing presence in regulated investment products. The filings include ProShares’ XRP ETF and Ultra XRP ETF, as well as Morningstar Funds Trust’s Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF. XRP traders face an escrow unlock on…

President Trump announced a new oil agreement where the U.S. would have a 55% share in a venture controlling 65 billion barrels of Venezuelan reserves. The agreement includes equity and rights to buy crude at cost, aiming to attract $100 billion in investment. Legal and political uncertainties could delay production.

INTERPOL’s Operation Jackal IV led to 58 arrests, 263 identified suspects, and $2.67 million seized in a crackdown on crypto investment scams, romance fraud, and money laundering networks across 22 countries. The operation targeted West African organized crime groups involved in various financial crimes, resulting in significant enforcement actions and disruptions to criminal operations.