Europe’s leading asset manager Amundi is launching the first tokenized money market fund, and it has chosen the Ethereum blockchain. Amundi has launched Europe’s first tokenized share of a money market fund (AMUNDI FUNDS CASH EUR), making it available through both traditional and blockchain-based distribution, according to an announcement on Thursday. The fund uses…
Justin Sun has stepped further into the center of the $456 million TUSD reserve dispute with a public address in Hong Kong. Summary Sun outlined new claims about how TUSD reserves were pushed into high-risk, unauthorized investments between 2021 and 2022. He said he injected nearly $500M earlier this year to stabilize TUSD and welcomed…
Key Takeaways Upbit, a major South Korean crypto exchange, suffered a theft from its Solana-network hot wallet. Deposits and withdrawals were suspended after the unauthorized transfer was discovered. Share this article North Korean hacking group Lazarus is suspected of orchestrating a cryptocurrency theft valued at approximately 45 billion won ($30.6 million) targeting South Korea’s largest…
Only a few crypto tokens have reversed losses of October 10. ZCash ZEC crypto leads the way. Looking at some of the best cryptos to buy in December, Injective looks like a decent candidate. INJ USDT is still trying to shake off weakness after the hammering on October 10. Since the collapse, INJ crypto has…
Vitalik Buterin donates 256 ETH to two messaging apps. Ethereum co-founder Vitalik Buterin said end-to-end encrypted messaging is essential for protecting digital privacy, identifying permissionless account creation and metadata privacy as the next major priorities for the sector. He pointed to Session and SimpleX as two projects working on these areas and disclosed that…
Tokenized real-world assets are projected to reach $60 billion in 2026, according to a report released by blockchain oracle platform RedStone. Summary RedStone’s report predicts substantial growth in tokenized assets. The trend is fueled by rising institutional interest in private credit, tokenized Treasuries, and equities. Private credit is projected to represent 45-50% of the tokenized…
Key Takeaways The number of Bitcoin addresses holding over 1,000 BTC has increased during the latest market downturn. This surge suggests strong accumulation by large holders, including institutions and high-net-worth investors. Share this article Bitcoin addresses holding more than 1,000 coins surged during the recent market dip, indicating strong accumulation by large holders. The rise…
Crypto traders can now breathe a sigh of relief. After the pounding of the better part of November, Bitcoin, Solana, and some of the top cryptos to buy are ticking higher. Specifically, Solana crypto is inching closer to $150, retesting a key resistance level when writing. Even though the path of least resistance is still…
Bitcoin has recovered above a key resistance level following several days of selling pressure, though institutional selling from U.S.-based investors continues, according to market data. Summary After days of selling pressure, Bitcoin has rebounded above a key resistance level. The Coinbase Premium Index remains negative, signaling that US institutional investors are selling more aggressively than…
Key Takeaways Jupiter launches the Refinance feature for seamless migration of lending and borrowing positions from other DeFi protocols. Users can migrate active positions without slippage and keep custody of their funds throughout the process. Share this article Jupiter, a decentralized finance platform on Solana, today launched its Refinance feature that allows users to seamlessly…
