From $6 eggs to $50,000 cars, these charts show how inflation has defined the past 5 years
Rising prices have been crushing consumer confidence and biting at Americans’ wallets for more than five years now. Source:MarketWatch
Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case
The $2 billion digitalasset investment firm rolls out an initiative to back, build and provide liquidity to projects bringing realworld yields into DeFi.…
EU banking watchdog calls for crypto lending rules under MiCA
The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review.…
Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade
Starknet and arbitrum gained more than 17% while the 10year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.…
SEC opens door to tokenized U.S. stock trading. Here’s who could benefit
The fiveyear experiment gives DeFistyle trading venues, tokenization firms and liquidity providers a new U.S. pathway while leaving synthetic stock tokens…
SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment
The Securities and Exchange Commission today issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues each a “TSV” from…
Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets. Source:CoinDesk
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97…
Kraken brings DeFi yield to tokenized stocks and ETFs
Kraken’s new xStocks vaults let investors earn yield on tokenized versions of Nvidia and major US stock market ETFs by lending the assets in DeFi markets.…
Trading stocks against BONER is the latest trend for DeFi degens
Why would anyone want to trade a healthcare stock for a memecoin like BONER? Why wouldn’t they, ask the degens on Robinhood Chain who are building a strange…
Revised CLARITY Act targets ‘non-decentralized’ DeFi operators
The bill’s ethics section remained largely unchanged despite being one of the main points of contention ahead of a pivotal Senate vote. Source:Cointelegraph
New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky
The Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circulated a fresh draft on Thursday ahead of the vote.…