Julian Sawyer, CEO of Zodia Custody, described Standard Chartered’s ongoing acquisition of the firm as a “major validation” that highlights a growing …
Assets
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DeFi
Aave Says Operations Back to Normal as $300M Backstop Replaces Drained Assets
by shayaanby shayaanDecentralized finance protocol Aave recently revealed that it has fully restored liquidity to its lending pools following a $300 million cross-chain exploit. …
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Regulation
Central Bank of Russia challenges EU over frozen assets in court, raising questions about institutional trust
by shayaanby shayaanThe Central Bank of Russia just escalated its legal war with Europe. On May 25, the CBR filed its second lawsuit with …
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Vietnam’s Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral …
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Markets
Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares
by shayaanby shayaanInstitutional investors just sold an overall total of $1.67 billion in Bitcoin and crypto assets in one week, according to a new …
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Adoption
Vietnam Proposes Digital And Virtual Assets As Loan Collateral For SMEs
by shayaanby shayaanA New Kind of Collateral for Vietnam’s Small Businesses For years, Vietnamese tech founders and small manufacturers have faced a common roadblock: …
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Finance
Fidelity Digital Assets highlights ‘growing evidence’ of shift from dollar-based systems
by shayaanby shayaanRecent moves by the Iranian government to Bitcoin for oil tolls as gold overtakes US dollar assets in global central bank reserves …
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At the recent Senate Banking markup of the Digital Asset Market Clarity Act (CLARITY), Senator Angela Alsobrooks (D-MD) shared a story that …
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Finance
Solana DEX Orca launches new marketplace for tokenized real-world assets
by shayaanby shayaanOrca, one of the biggest decentralized exchanges on Solana, is launching new infrastructure aimed at bringing regulated real-world assets onchain, as crypto …
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Regulation
Belarus adds cryptocurrencies to list of approved underlying assets
by shayaanby shayaanBelarusian authorities have added cryptocurrencies like Bitcoin to a list of approved underlying assets for non-deliverable instruments. The decision is expected to …