Browsing: digital assets

Digital asset investment products are experiencing a second consecutive week of outflows due to ongoing weakness in the U.S. market. Despite this trend, certain altcoins, such as Solana, are demonstrating notable resilience with substantial inflows.… (via Bpaynews real-time desk)

CoinShares reported that digital asset investment products experienced net outflows totaling $1.17 billion last week. This figure highlights a significant withdrawal trend in the sector. The outflows indicate a shift in investor sentiment towards digital…

The Commodity Futures Trading Commission (CFTC) has proposed allowing stablecoins to be used as tokenized collateral in transactions. This move aims to enhance the market’s liquidity and facilitate the use of digital assets. By permitting…

A U.S. regulatory agency is advancing towards establishing rules for cryptocurrency spot trading, which could have significant implications for the digital asset market. The agency is actively evaluating the framework needed to regulate this area…

CZ has publicly destroyed meme tokens valued at around $490,000 that were raised through a specific address. This action highlights the ongoing scrutiny and management of digital assets. The destruction of these tokens is part…

Tether has frozen an address that holds 31,765,779 USDT. This action reflects the company’s ongoing efforts to manage and secure its digital assets. The frozen address is part of Tether’s broader strategy to ensure compliance… (via Bpaynews real-time desk)

Coinbase has announced the addition of Aster to its listing roadmap, expanding its offerings in the cryptocurrency market. This move reflects Coinbase’s ongoing strategy to enhance its platform by incorporating new digital assets. Aster is…

The Sui Ecosystem has introduced Beep, its first smart wallet and financial protocol, which has now entered public beta testing. Beep aims to enhance user experience by providing a secure and efficient platform for managing… (via Bpaynews real-time desk)

Ondo Finance has appointed Ian De Bode, the former McKinsey Digital Assets lead, as its president. De Bode’s experience in digital assets and finance is expected to enhance Ondo’s strategic initiatives. Prior to joining Ondo,… (via Bpaynews real-time desk)

The concept of decentralized finance (DeFi) is becoming increasingly relevant for financial advisors navigating the evolving cryptocurrency space. DeFi refers to a financial system built on blockchain technology that operates without traditional intermediaries like banks.…