There’s only one way to truly represent securities on-chain, and that’s through “native” tokenization, Carlos Domingo, CEO of BlackRock-backed digital asset securities firm Securitize, told Decrypt on Thursday. That distinction could become more important, as firms’ experimentation with security-based tokens potentially leaves investors confused—a concern raised by the U.S. Securities and Exchange Commission earlier this
NRW BANK, the development bank owned by the German state of North Rhine-Westphalia, has issued €100 million worth of blockchain-based bonds, making it one of the biggest public sector moves into digital securities in Europe. The two-year bond was issued on the Polygon (POL) blockchain and registered through the infrastructure of Cashlink Technologies, a cryptocurrency
Bitcoin, the crypto market’s flagship asset, is painting a compelling breakout story, decisively conquering two major trading barriers that were standing in the way of a short-term bull run. And with BTC once again breaking price records and firmly above the $112,000 resistance level, what should traders expect next? First, some context: With the S&P
Bitcoin just blew past $113,800 on Thursday, setting a new all-time high. The oldest digital asset has been on a tear for the last several months — and has nearly doubled over the past year, climbing from $57,899 a year ago today. CoinDesk analysts and industry experts are watching closely to see if bitcoin BTC$110,770.05
Speaking on ‘Mornings with Maria’, Binance CEO Richard Teng described it as “exciting” that countries are starting to accept cryptocurrencies as part of their strategic reserves. Touching on many topics from his trip in Bhutan to new regulations in the US, Teng said that global crypto adoption is accelerating. Speaking about his visit to Bhutan,
Cryptocurrency asset manager Grayscale has released its new benchmark today, structured around its Crypto Sectors framework. The company announced new digital assets it is considering incorporating into its future investment products. Grayscale said the move is part of its vision to offer investors a broader range of cryptocurrencies. In its new list published by the
Coinbase has teamed up with Perplexity AI to bring real-time AI-powered, crypto data to traders, Coinbase co-founder and CEO Brian Armstrong announced on X. In a post on Thursday, Armstrong said the collaboration will undergo a two-phase integration. In the first phase, Perplexity will focus on Coinbase market data, including the COIN50 index, with the
The price of Bitcoin (BTC) stunned the broader digital currency ecosystem after it reclaimed the $111,000 resistance level in the past 24 hours. Alongside the bullish BTC price shift, the top coin has recorded another impressive milestone regarding its on-chain adoption trend. No Bitcoin holder in loss The return to the near-ATH has seen 100%
Digital assets platform Nexo reported a 72% year-over-year rise in crypto-backed borrowing through the Nexo Card as users choose to hold their assets instead of selling, as per the information shared with Finbold on July 10. Nexo’s 2024 Card Report shows that over 100,000 Bitcoin (BTC) and 750,000 Ethereum (ETH) avoided being sold through users
The Bank of Korea (BOK) Governor Lee Chang-yong has expressed concern about the issuance of won-denominated stablecoins by non-bank entities. He shared his concerns during a press conference after the BOK’s Monetary Policy Committee decided to maintain the base interest rate at 2.50%. BOK Governor is worried about future confusion The topic of stablecoins has