Finance has spent centuries decoupling wealth from physical transport, but constantly erasing friction creates vectors for increasingly high-tech exploits. www.coindesk.com
money
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Analysis
Broad U.S. Money Supply Climbs to Fresh Record of $23,220,000,000,000 With Ongoing Monthly Gains
by shayaanby shayaanUS M2, or the broad measure of money circulating through the U.S. economy, has hit a new peak. This indicator advanced $102.8 …
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Finance
Banks found a way to copy stablecoins without losing the money that funds their loans
by shayaanby shayaanBanks defend themselves against stablecoins by saying they are building tokenized deposits to modernize payments, with programmable money and around-the-clock settlement. Falcon …
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Markets
Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
by shayaanby shayaanTokenized U.S. treasury and money market funds are one of the fastest-growing segments in the digital asset markets, growing fifteenfold in two …
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Lynq CEO Jerald David has said institutional finance needs interoperable settlement systems capable of moving cash and collateral 24/7 as firms adopt …
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Mining
Even if Bitcoin rises 30% a year this renewable mining model still loses money as hashrate keeps pace
by shayaanby shayaanBitcoin trades near $63,600, below the lowest Bitcoin price researchers tested against a modeled wind-powered mining operation in a new Energy Economics …
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Regulation
Trump Family Crypto Firm Took $100 Million From UK Money Laundering Suspect Bobby Zhou: Report
by shayaanby shayaanGuren “Bobby” Zhou, a UK businessman previously investigated for money laundering, purchased $100 million worth of tokens from the Trump family’s World …
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Markets
Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan
by shayaanby shayaanThe digital asset manager’s CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin …
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Markets
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
by shayaanby shayaanTwenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement. www.coindesk.com
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Fortitude Mining Holdings, the Zcash ($ZEC) mining platform owned by Barry Silbert’s Digital Currency Group (DCG), has disclosed a set of disappointing …