News
Coinbase secures Abu Dhabi license for tokenized securities
Coinbase has secured Abu Dhabi regulatory approval to arrange investment deals and provide custody as it prepares an international hub for tokenized securities and onchain capital markets. Coinbase secures approval for tokenized securities Coinbase said in an announcement published by…
Fed rate hike debate grows with inflation above 2%
Chicago Fed President Austan Goolsbee has identified inflation above the Federal Reserve’s 2% target as the main U.S. economic problem while officials debate whether to raise rates from 3.50%–3.75%. Why Goolsbee sees inflation as the main challenge Wired released Goolsbee’s…
Spritehood NFTs raise $1.28M on Robinhood Chain
Spritehood has sold 42,956 paid NFTs on Robinhood Chain in about 53 minutes, generating nearly $1.28 million for Pudgy Penguins co-founder Cole Villemain. Spritehood NFT sale reached $1.28 million The Defiant reported that Villemain launched Spritehood on Aug. 11 after…
Brazil’s biggest bank Itaú joins tokenization pilot for bonds and funds
Brazil’s largest bank by market value has joined a pilot involving more than 50 financial organizations to test the issuance, trading, and settlement of tokenized fixed-income securities and investment funds. OpenAssets said in an Aug. 11 announcement that it has…
CT3 begins preparations for CT3GB token listing
CT3 is preparing for the CT3GB token listing by expanding storage infrastructure, building reserves, upgrading smart contracts, and planning an independent audit. CT3 has started comprehensive preparations for the future CT3GB token listing as it expands the CT3 Cloud ecosystem.…
Flowdesk secures full broker-dealer license in Dubai
Flowdesk has secured a full broker-dealer license in Dubai, allowing its local entity to provide regulated crypto services to qualified and institutional investors in and from the emirate. Flowdesk completes Dubai’s licensing process Flowdesk said Tuesday that the Virtual Assets…
Bitwise Solana ETF approved for loans at 25% LTV
Bitwise’s Solana staking ETF has received approval from a major bank for customers to borrow up to 25% of their shares’ value, adding a lending function to the U.S.-listed crypto fund. Bitwise co-founder and CEO Hunter Horsley disclosed the approval…
Address poisoning attack drains $100K USDT
A crypto user has lost approximately 100,000 USDT after transferring the funds to a lookalike wallet address planted in the victim’s transaction history 66 days earlier. Cyvers Alerts reported on Aug. 11 that its monitoring system detected the loss after…
SEC plans CAT takeover in sweeping market data reform
The U.S. Securities and Exchange Commission has outlined a plan to take control of the Consolidated Audit Trail, replace its funding model, and prepare a transition that could run through late 2027. The SEC said in an Aug. 10 letter…
Aster launches AOS-2 with 1M ASTER listing stake
Aster has activated AOS-2, requiring projects to stake 1 million ASTER for four years before validators can approve a new perpetual market. AOS-2 opens Aster perpetual listings to applicants Aster said in an Aug. 11 X post that the standard…