In brief Grayscale’s Zcash ETF (ZCSH) will do a 3-for-1 forward share split, with new shares paid out Sept. 29 and split-adjusted …
shayaan
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Aave’s new lending market on the Arc network has attracted almost $125 million in $USDC. However, borrowers have taken out less than …
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Markets
Robinhood Chain fees collapse 97% even as transactions stay near record highs
by shayaanby shayaanSeven-day average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands. www.coindesk.com
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TL;DR The SEC has granted temporary exemptions allowing certain tokenized U.S. stocks to trade on qualifying on-chain venues. The relief lasts five …
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Solana Weekly News recently reported significant updates, including the SEC’s innovation exemption for tokenized stocks. This exemption could pave the way for …
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Regulation
US Sanctions Iran’s BitBank, Zanjani Associates Over Crypto Network
by shayaanby shayaanThe US Treasury Department has sanctioned BitBank and several people linked to Iranian financier Babak Zanjani, accusing them of helping operate a …
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Markets
Why Wall Street giants build tokenization money for institutions, not regular consumers
by shayaanby shayaanJPMorgan and Citi move billions in tokenized deposits, but only among their branches. A U.K. challenger bank is about to do something …
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Markets
Coinbase And Stablecore Open Digital Asset Rails To 3,000+ Banks And Credit Unions
by shayaanby shayaanTL;DR Coinbase is partnering with Stablecore to bring crypto services into existing bank technology. Stablecore’s infrastructure reaches more than 3,000 U.S. banks …
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Bastion, the stablecoin infrastructure provider for enterprises and financial institutions, said on September 18 that the Office of the Comptroller of the …
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Finance
Crypto treasury stocks face $50B loss as shareholders revolt – What happened?
by shayaanby shayaanInvestors who hopped into last year’s crypto boom are now turning up the pressure on digital-asset treasury (DAT) firms. In fact, both …