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.…
ESMA warns growing crypto ties could amplify risks to traditional finance
The EU securities regulator flagged tokenized equities, DeFi exploits and prediction markets as areas where growing crypto ties could pose risks to the broader…
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Europegged stablecoins…
10 of the greatest unsolved crypto mysteries
From the whereabouts of the CryptoQueen to a mysterious death involving a DeFi builder paranoid about the “pedo elite,” here are 10 crypto mysteries that still…