$XRP ETFs carried on their streak of positive inflows with $12.29 million coming in. Bitwise’s $XRP fund, for instance, increased by $9.30 million, while Grayscale’s GXRP added $2.98 million. Brad Garlinghouse marked a 30-day inflow streak back in December Total trading value was $23.58 million, and net asset value closed at $1.51 billion. $XRP ETFs
Bitcoin Staking arrived on Stacks with the Genesis Bond, where four institutions bonded 250 $BTC and expect rewards by September 17. 21Shares, HashKey Cloud, UTXO Management and Sypher Capital participated in the first institutional bonding period with self or liquid custody. The yield comes from the Proof of Transfer mechanism, which since January 2021 has
$NEAR Protocol has unveiled $NEAR Intents, a new feature that allows cross-chain transactions without the need for deploying contracts on destination chains. This innovation aims to streamline the process and reduce complexities associated with cross-chain interactions, as highlighted in a recent tweet by the protocol. The introduction of $NEAR Intents could significantly enhance liquidity and
Rootstock co-founder Sergio Lerner has called for Bitcoin bridges to adopt mandatory withdrawal delays after about 4,000 $BTC left Liquid Network’s federation wallet through an unauthorized peg-out. Sergio Lerner, chief scientist and co-founder of RootstockLabs, told crypto.news that immediate settlement can turn a single validation error into a loss before bridge operators have time to
The Depository Trust & Clearing Corporation (DTCC) has successfully executed its first live tokenized securities trades, comprising 22 transactions involving 18 different parties. This significant development showcases the growing acceptance of digital asset trading in traditional finance. The announcement, highlighted by crypto commentator @FireblocksHQ, underscores a pivotal moment for banks exploring tokenization as a viable
The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) jointly announced the launch of the Demat 2.0 pilot for tokenised corporate bonds. This initiative aims to facilitate faster settlements through the use of central bank digital currency (CBDC) technology. As part of this pilot, three issuances have already been
JP Morgan’s recent acknowledgment of the Base ecosystem, highlighted in a tweet by @base, signifies an increasing interest from traditional banks in crypto initiatives. The tweet, which simply asked, ‘What’s Base?’ sparked curiosity and conversation around the platform’s potential. As banks explore integration with blockchain technologies, this could be a pivotal moment for Base and
Bitcoin’s price slid on Thursday after the price of oil shot over $105 a barrel thanks to renewed tensions in the Middle East. The biggest and oldest cryptocurrency was recently trading for $77,208 after sliding as low as $76,748 — down more than 2% over the past day. Its dip came after Iran signaled that