The Bank for International Settlements (BIS) has reported significant progress with its Project Agorá initiative, demonstrating the potential of tokenization to achieve atomic settlement in wholesale cross-border transactions. This public-private collaboration, co-convened by BIS and the Institute of International Finance,…
JPMorgan analysts have observed a notable trend of outflows from both Bitcoin and gold exchange-traded funds (ETFs) over the past two weeks. This pattern suggests a cooling of the so-called “debasement trade,” a strategy employed by investors seeking protection against…
Asset manager VanEck has introduced the VanEck BNB ETF (VBNB), marking the debut of the first exchange-traded product in the United States offering direct spot exposure to the price fluctuations of BNB. This launch signifies a significant expansion of regulated…
Prepare yourselves, alpha hunters! A seismic shift is happening in the decentralized exchange (DEX) landscape with the launch of TamaSwap. This isn’t just another DEX; it’s being hailed as the first “provably unhackable” decentralized exchange, built on the foundational principles…
The Commodity Futures Trading Commission (CFTC) has aligned with cryptocurrency exchange Gemini in a joint motion seeking to overturn a prior judgment. This action pertains to an enforcement case initiated by the CFTC in 2022. The agencies are jointly requesting…
Standard Chartered Bank has drawn a parallel between the current performance of Ether (ETH) and Amazon’s stock during the dot-com bubble burst of 2001, suggesting that despite recent price underperformance, Ethereum’s underlying network metrics continue to strengthen. Key Takeaways Standard…
Decentralized Physical Infrastructure Networks (DePIN) projects Theta (THETA) and XYO (XYO) have announced a strategic partnership aimed at establishing a cryptographic proof infrastructure. This new layer is designed to independently verify the performance of AI agent workloads, addressing growing concerns…
A recent legal development has seen a software engineer at Google, Michele Spagnuolo, charged by U.S. prosecutors with fraud and money laundering, and by the Commodity Futures Trading Commission (CFTC) with insider trading violations. The allegations center on Spagnuolo’s alleged…
Project Agorá Demonstrates Tokenization Potential for Wholesale Cross-Border Payments The Bank for International Settlements (BIS) has reported on a successful prototype for Project Agorá, an initiative exploring the use of tokenized central bank reserves and commercial bank deposits for wholesale…
Get ready, alpha hunters! NEAR Protocol has just dropped a game-changer with its new Universal Send feature on near.com. This innovation allows users to send payments to anyone, in any asset, across any blockchain, all while keeping transactions confidential by…