Tokenized deposits have raised concerns that faster movement of bank money could reduce U.S. banks’ capacity to fund long term loans by hundreds of billions of dollars if the technology reaches widespread adoption. Summary Dallas Fed researchers said tokenized deposits could shorten how long customer funds remain at banks and make deposits more sensitive to
Galaxy has partnered with industrial safety provider Total Safety to establish 24-hour fire, rescue and emergency medical coverage at its Helios Data Center Campus in Dickens County, Texas. Summary Galaxy partnered with Total Safety for continuous fire, rescue, paramedic, and EMT coverage at Helios. The nearest trauma center is approximately 60 miles away in Lubbock,
Radosław Piesiewicz, president of the Polish Olympic Committee, has been arrested and charged with two offenses as prosecutors investigate payments and financial ties connected to the collapsed crypto exchange Zondacrypto. Summary Prosecutors charged Piesiewicz with paid influence and favoring certain creditors over others. Investigators are examining an alleged €40,000 watch and Piesiewicz’s withdrawal of exchange
Mirae Asset has set a 150 trillion won or about $109 billion target for a digital asset business spanning cryptocurrency, stablecoins, real-world assets and tokenized securities. Summary Digital X will serve as a central part of Mirae Asset’s next growth strategy. Mirae Asset acquired 97.15% of the former Korbit exchange for 141.4 billion won. The
Aave V4 deposits have reached a record $806 million after climbing 30% over seven days, while active loans have increased to $206 million. Summary Aave V4 deposits rose above $800 million within six days of crossing $600 million. Ethereum Core leads the six listed markets with $378 million in deposits. Active EtherFi loans reached $62
Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an
US President Donald Trump’s family-linked crypto ventures have left investors at least an estimated $4.7 billion underwater while generating about $1.4 billion for the president in 2025, according to Public Citizen. Summary Public Citizen estimated that TRUMP memecoin investors were down a combined $3.2 billion. WLFI holders and Trump Media investors accounted for at least
Bitcoin’s latest breakout may have started with a shift in U.S. Treasury-market liquidity, but analysts say its staying power will depend on whether ETF inflows and spot demand can replace the initial macro boost. Summary Bitcoin’s recent 22% rally initially carried a macro signature as the Treasury’s expanded long-term bond buybacks pushed yields lower and
Truflation has called for the Federal Reserve to cut interest rates after its July forecast came within 0.01 percentage point of the official monthly headline PCE reading and matched the other three published figures. Summary Headline PCE rose 0.2% monthly and remained at 3.7% annually in July. Truflation forecast the published readings five days before
Stable Sea has added two WisdomTree digital funds to its treasury platform, giving eligible businesses access to three SEC-registered products with minimum investments starting at $1. Summary Stable Sea has added WTSIX and FLTTX alongside the previously available WTGXX. The three funds carry minimum investments ranging from $1 to $25. Eligible users place fund orders
