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Big news for Ondo Finance! 21Shares, a big player in crypto ETFs, just filed with the SEC for a spot ETF tracking ONDO, the platform’s token. This could be huge for getting ONDO into the mainstream. Institutional Interest in DeFi Heats Up The news sent ONDO’s price soaring past $1.16, though it’s pulled back a…
MultiBank.io, the digital arm of the massive financial firm MultiBank Group, is launching a huge platform to tokenize real estate investments. This means turning real-world property into digital assets that can be bought and sold more easily. A Trillion-Dollar Partnership The project aims to bring around $10 billion worth of real estate onto the blockchain….
NFT Fashion Fusion in Tokyo Jackson.io’s Sharkz NFT collection made a splash in Tokyo’s trendy Harajuku district with its first-ever streetwear collaboration, “Sharkz-Up Tokyo.” This event marked the Sharkz community’s entry into the fashion world, blending digital art with real-world street style. The collaboration with Tokyo’s tHE GALLERY HARAJUKU resulted in a limited-edition clothing line,…
SpaceX, Elon Musk’s space exploration company, recently made a surprising move: it transferred some of its Bitcoin holdings for the first time in three years. This has sparked a lot of speculation in the crypto world. The Big Bitcoin Move Onchain analytics firm Arkham Intelligence revealed that SpaceX moved 1,300 BTC (about $153 million) to…
Cardano’s developer, Input Output (IO), has announced a groundbreaking way to run Cardano smart contracts directly on the Bitcoin network without modifying Bitcoin’s core code. This opens up exciting possibilities for both platforms. How it Works: A Simplified Explanation Imagine a relay race. The process starts with writing a smart contract in a common language…
Mawson Infrastructure Group, a publicly traded Bitcoin mining company, fired its CEO, Rahul Mewawalla, after an audit uncovered serious allegations of fraud. The Fall of the CEO The board acted swiftly. Mewawalla was initially put on notice in late May, then placed on administrative leave, and finally ousted in early July. A lawsuit followed, accusing…
Square, Jack Dorsey’s payment company, is letting some businesses accept Bitcoin. But why wait for them to catch up? You can start using Bitcoin today! Square’s Bitcoin Rollout Square is adding Bitcoin payments to its point-of-sale systems. While a full rollout to 4 million US merchants is planned for 2026, only a select few can…
The US Securities and Exchange Commission (SEC) is making some big changes to how Bitcoin and Ethereum exchange-traded funds (ETFs) work. Several ETF providers have asked the SEC to let them use a more efficient way of creating and redeeming ETF shares. What’s Changing? Currently, these ETFs use a “cash” system. When someone buys shares,…
JPMorgan Chase’s plan to charge fintech companies for access to customer account data is causing a stir, with at least one official at the Consumer Financial Protection Bureau (CFPB) expressing serious concerns. CFPB Concerns A high-ranking CFPB official, who chose to remain anonymous, believes that the agency’s attempt to overturn a key open banking rule…
PNC Bank, a massive financial institution, is joining forces with Coinbase, the biggest US crypto exchange, to offer crypto services to big-time investors. A Powerful Partnership This collaboration will let PNC Bank’s institutional clients buy and hold digital assets through Coinbase’s Crypto-as-a-Service (CaaS) platform. In return, PNC will provide certain banking services to Coinbase. What…
