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Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims

Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.
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TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg

Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.
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AI Tokens Outperform CoinDesk 20 Index Tuesday Despite Clouds Forming Over Industry

New research from Goldman Sachs and Sequoia challenges assumptions that Artificial Intelligence and Large Language Models can change the world.
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The Protocol: ‘Private Jet Brandization’ Is One Way Polkadot Burnt Cash

Crypto twitterati showed no mercy as Polkadot published a transparency report detailing spending on $87 million of DOT tokens – a lot of it on marketing. PLUS blockchain tech...
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Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition...
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Ether Spot ETFs to Attract $15B of Net Inflows in First 18 Months: Bitwise

Investors are likely to allocate funds to ETFs in proportion to the relative market caps of bitcoin and ether, the report said.
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McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption ‘Still Far Away’

Previous reports from Boston Consulting Group and 21Shares forecasted over $10 trillion of tokenized assets by the end of the decade in their optimistic scenarios.
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Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing

In the past 13 years, 785 crypto thefts have taken place, Crystal Intelligence says.
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Crypto Mixers, Privacy Coins, Layer 2s Complicate Tracing for Law Enforcement, EU Innovation Hub Says

Separately, France's markets regulator said crypto remains a high risk for money laundering.
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India’s Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters

The Securities and Exchange Board of India's position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.
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Recent Posts

  • SOL Jumps 6%, Bitcoin Clings to $84K on Dampened Rate Cut Hopes
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  • The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
  • Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

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