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Investment

BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing

BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing

1 hour ago by Crypto InsightsCrypto

BNY, the world’s largest custody bank, and trading giant Citadel Securities said Tuesday they had completed a transaction using tokenized U.S. Treasuries, showing how blockchain technology could help Wall Street move assets between trading and financing more quickly. The transfer focused on collateral, a key… Read More

KuCoin, BitMart, and MEXC blocked in South Korea as regulators target web access

KuCoin, BitMart, and MEXC blocked in South Korea as regulators target web access

8 hours ago by Crypto InsightsCrypto

“User assets remain safe and secure, and we will communicate any further updates through our official channels.” BitMart, Phemex and MEXC did not immediately respond to a CoinDesk request for comment. South Korea’s proposed Digital Asset Basic Law, yet to come into force, would set… Read More

Bitcoin whale that sat through the March 2020 crash moves $378 million

Bitcoin whale that sat through the March 2020 crash moves $378 million

15 hours ago by Crypto InsightsCrypto

A bitcoin BTC$83,696.96 whale that received its coins days before the Covid crash of March 2020 and sat through it has moved $377.6 million worth of them. The wallet, 18VmXvkF4cgLi35RtMiHHDpvMjUCyVpQ9x, sent roughly 4,582 BTC to five addresses on Monday, according to blockchain data from Arkham… Read More

Tom Lee sees $2 trillion wealth transfer fueling crypto rally as Bitmine (BMNR) buys more ether (ETH)

Tom Lee sees $2 trillion wealth transfer fueling crypto rally as Bitmine (BMNR) buys more ether (ETH)

22 hours ago by Crypto InsightsCrypto

Lee also noted Wall Street’s growing use of blockchain technology to represent financial assets, the rise of AI applications and crypto treasury companies holding tokens for the long term as possible drivers of a new rally. Bitmine inches closer to its 5% ETH goal Lee’s… Read More

Palantir’s (PLTR) Louis Mosley warns Europe is ‘missing the boat’ on AI

Palantir’s (PLTR) Louis Mosley warns Europe is ‘missing the boat’ on AI

1 day ago by Crypto InsightsCrypto

Palantir (PLTR) head of U.K. and Europe Louis Mosley warned that the region is making the same mistake with artificial intelligence (AI) that it made with the internet. Where the U.S. “got the internet right,” built a score of businesses and became the backbone of… Read More

FSB warns cross-border stablecoin rules remain untested in a severe market crisis

FSB warns cross-border stablecoin rules remain untested in a severe market crisis

2 days ago by Crypto InsightsCrypto

The report points to higher risks in so-called multi-issuer structures. Affiliated companies can issue the same stablecoin and share liability for it while keeping reserve assets in separate jurisdictions. If holders can redeem with any issuer in the group, demand could pile up on a… Read More

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