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Tokenized equities have not been without controversy as global regulators and stock exchanges have pushed back against this new use of blockchain technology. XStocks, a tokenized stock product owned by Backed Finance, is launching on Ethereum with about 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday. Before…
Michael Saylor’s Strategy announced a $449 million Bitcoin purchase made last week, bringing total BTC buys in August to just 7,714 BTC. Michael Saylor’s Strategy, the world’s largest public company holding Bitcoin, purchased more BTC as the price slipped below $108,000 last week. Strategy acquired 4,048 Bitcoin (BTC) for $449.3 million between Aug. 25 to…
World Liberty Financial token holders are reportedly being drained of their WLFI tokens. One security expert points to a phishing exploit tied to Ethereum contracts. World Liberty Financial’s (WLFI) governance tokenholders are being hit with a known phishing wallet exploit using Ethereum’s EIP-7702 upgrade, SlowMist founder Yu Xian says. Ethereum’s Pectra upgrade in May introduced…
Discover the richest crypto founders, tech CEOs and digital asset moguls of 2025. From CZ to Vitalik Buterin, see who tops the crypto wealth ranking. Crypto wealth in 2025 is led by exchange founders and stablecoin creators like CZ, Devasini and Armstrong. Not all crypto billionaires are CEOs — Buterin shows protocol builders can rival…
Real Vision CEO Raoul Pal also predicted that total crypto market capitalization could reach $100 trillion within the next decade. The total number of crypto users could hit the 4 billion mark by 2030, according to former hedge fund manager and crypto bull Raoul Pal. In an X post on Sunday, Pal shared data comparing…
Sonic Labs has passed the proposal to make a $200 million foray into the TradFi market, with plans to create a US company and launch an exchange-traded product. Sonic Labs, the team behind the layer-1 Sonic blockchain, has been given the nod to issue $200 million worth of its S tokens to expand into the…
Businesses are outstripping miner output several times over, potentially triggering a supply shock if exchange reserves continue to dwindle. Private businesses and public companies are absorbing Bitcoin (BTC) nearly four times faster than the rate at which miners are producing new coins, according to Bitcoin financial services company River. These businesses included publicly traded Bitcoin…
Venture capital firms are now investing in established projects with clear and predictable revenue generation models over early-stage tech. Venture capital (VC) firms have become much more selective with the crypto projects they invest in, representing a shift from the previous cycle due to market maturation, according to Eva Oberholzer, the chief investment officer at…
Crypto treasury firms introduce several layers of risk to an asset class that inherently features reduced or no counterparty risk. Bitcoin (BTC) and crypto treasury firms pose similar risks as collateralized debt obligations (CDOs), securitized baskets of home mortgages and other types of debt that triggered the 2007-2008 financial crisis, Josip Rupena, CEO of lending…
Tether has scrapped plans to end USDT on Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand, allowing it to continue in a limited capacity. Stablecoin issuer Tether has abandoned its plan to freeze USDT smart contracts on five chains, saying the tokens will remain transferable but no longer be issued or redeemed. The revised plan…