Author: Admin-aX9d7
Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own FoundationCrypto was born from a vision to decentralize power, democratize finance and build systems where equity prevails over exploitation. Somewhere along the way, however, the movement lost its moral compass. As speculation surged, purpose dwindled.We must return crypto to its decentralized roots, a technological revolution built on long-term value, inclusivity and ethics rather than cyclical, speculative gains. The industry should take inspiration from emerging regions and how ethical financial investing can help to repair some of the ways our industry has often fallen short. The rise of layer…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. When you see pro-crypto people declaring on Twitter that “blockchains will replace TradFi,” what that specifically means is the disruption of the DTCC (Depository Trust & Clearing Corporation) as the canonical post-trade clearing and settlement house for US securities markets. The DTCC is owned by a consortium of the world’s biggest banks. The company has a monopoly on securities settlement, clearing something like $9 trillion to $11 trillion in value daily. The idea that the DTCC would use a blockchain would’ve been laughable just several years ago.…
In brief Twenty One Capital is set to become the third-largest Bitcoin treasury company after merging with Cantor Equity Partners and receiving major Bitcoin contributions from Tether and Bitfinex. CME Group will launch XRP futures on May 19, entering a $3.9 billion market where Coinbase and Kraken are already active. Upexi shares soared 335% after announcing a $100 million raise to build a Solana treasury, adopting a long-only strategy focused on SOL. Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Twenty One Capital makes a huge Bitcoin operating company splash,…
New data from RWA.xyz, a platform tracking tokenized real-world assets, shows that six entities are responsible for 88% of all tokenized US Treasurys. The data suggests a concentration among a few funds as the market continues to develop.The largest issuer of tokenized treasures continues to be BlackRock. The company’s tokenized US treasury fund, called BUIDL, has a market capitalization of $2.5 billion, 360% higher than its nearest competitor. BlackRock disclosed a total of $11.6 trillion in assets under management in the first quarter of 2025. Rounding out the top six are Franklin Templeton’s BENJI, with a market capitalization of $707…
Bitwise Asset Management has made its decentralized finance (DeFi) debut via an allocation with Maple Finance. The firm’s decision to wade into DeFi will grant it access to on-chain credit markets with regulatory compliance at the heart of the partnership. Bitwise Makes First DeFi Allocation Through Maple Finance Maple Finance has announced a partnership with Bitwise that will see the asset management firm access on-chain credit. According to a press release, Bitwise entered the DeFi space via an institutional allocation with Maple Finance in a pioneering move for the crypto index fund manager. The partnership will see Bitwise lean on…
This is a segment from The Drop newsletter. To read full editions, subscribe. The period drama television series Peaky Blinders has been licensed for a blockchain game, Banijay Entertainment and crypto startup Anonymous Labs announced on Thursday. The game will have an in-game cryptocurrency and a mix of “interactive experiences” and action sequences, according to a blog post. The game will be set in the post-World War I era in Birmingham, England, like the show. The show follows the gang known as the Peaky Blinders and stars Irish actor Cillian Murphy. It aired from 2013 until 2022 on BBC networks…
Paul Atkins’ first public event as chairman of the U.S. Securities and Exchange Commission was a crypto roundtable on Friday, where the new agency chief devoted his inaugural speech to assuring the industry that he’ll continue to remake securities policy to favor digital assets innovation.The agency and industry have been awaiting congressional action to establish crypto market-structure oversight that will likely set guardrails, and Atkins told an audience at the SEC’s Washington headquarters that the regulator will work toward delivering “a rational, fit-for-purpose framework” for crypto.However, in answer to a question from CoinDesk after his speech, Atkins indicated that the…
Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets.With investors seeking more flexible product offerings under one platform, the “line is blurring” between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a “growing synergy,” according to Gracy Chen, CEO of Bitget, the world’s sixth-largest crypto exchange.In the wider crypto space, Securitize partnered with Mantle protocol to launch an institutional fund that will generate yield on a basket of diverse cryptocurrencies, similar to how traditional index funds track a mix of stocks.The developments come after…
Global bank Citi has predicted 2025 could be a possible inflection point for blockchain adoption driven by stablecoins, akin to the breakout year artificial intelligence (AI) had with popular application ChatGPT.”2025 has the potential to be blockchain’s ‘ChatGPT’ moment,” the bank’s analysts said in a report published earlier this week.At the center of the Citi’s projection are stablecoins, a class of cryptocurrencies pegged to traditional currencies like the U.S. dollar. These tokens, led by Tether’s $145 billion USDT and Circle’s $60 billion USDC, have seen tremendous growth recently and are increasingly being used for payments and remittances globally.Citi sees the…
More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently violating its terms of service.“This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service. Please visit cfl.re/tos to learn more,” the message read on April 24.RTFKT’s head of tech, Samuel Cardillo, has refuted claims that it missed a payment, attributing the issue to changes happening with RTFKT’s “current Cloudflare setup.”NFT content creator Wale Swoosh earlier speculated that RTFKT may have subscribed to an inadequate Cloudflare plan for…