Source: BTC Times Hong Kong’s spot Bitcoin ETFs have reached over HK$2 billion ($272M) in AUM, highlighting growing institutional interest in Asia. Hong Kong’s three spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over HK$2 billion (approximately $272 million) in assets under management since their launch earlier this year. This follows Hong Kong’s approval of… Continue reading Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management
Category: Market News
Binance Labs says new AI investments will support wave of AI-powered DApps
Source: Cointelegraph Binance recently announced investments in decentralized artificial intelligence ecosystems Sahara AI and MyShell. As artificial intelligence continues to intersect with blockchain technology and digital assets, the venture capital and incubator arm of crypto exchange Binance has placed investments in AI-focused startups. Binance Labs investment director Max Coniglio shared the details behind the company’s… Continue reading Binance Labs says new AI investments will support wave of AI-powered DApps
Franklin Templeton Goes Big on Blockchain: Tokenized Money Market Fund Hits Avalanche
Source: Blockster New York, NY – Franklin Templeton, a giant in global asset management, is making waves again. This time, they’re expanding their blockchain game by bringing their trailblazing on-chain money market fund to the Avalanche network. If you’re keeping tabs on the world of tokenized assets, this is one more sign that Avalanche is… Continue reading Franklin Templeton Goes Big on Blockchain: Tokenized Money Market Fund Hits Avalanche
Argentina adds Ethereum to Buenos Aires high school curriculum
Source: Cointelegraph High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students. Argentina’s Ministry of Education collaborated with ETH Kipu to include Ethereum in Buenos Aires’ high school curriculum. In an announcement, the ETH Kipu Foundation said it had collaborated with Buenos Aires to introduce Ethereum and… Continue reading Argentina adds Ethereum to Buenos Aires high school curriculum
FBI to Use NFTs to Return Funds Stolen in CluCoin Crypto Fraud Case
Source: Cryptoflies The FBI will use NFTs to help return stolen funds to victims of a crypto fraud scheme involving CluCoin founder Austin Michael Taylor, who pleaded guilty to wire fraud. The FBI has announced that it will use non-fungible tokens (NFTs) to help return stolen funds to victims of a cryptocurrency fraud scheme tied… Continue reading FBI to Use NFTs to Return Funds Stolen in CluCoin Crypto Fraud Case
State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
Source: The Tokenizer State Street Corporation, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the… Continue reading State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
Tokenized RWA Market Hits $10 Billion, Draws Major Institutions
Source: Be In Crypto RWA tokenization market surpasses $10 billion, driven by institutional interest and integration with DeFi. BlackRock, Franklin Templeton, and Grayscale lead in tokenized assets, reflecting TradFi’s move into DeFi. Ondo Finance emerges as a market leader with $536 million TVL, promoting RWA adoption and liquidity. The Real World Assets (RWA) tokenization market… Continue reading Tokenized RWA Market Hits $10 Billion, Draws Major Institutions
Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
Source: Cryptoslate Sony’s Soneium aims to bridge Web3 and everyday internet services. Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 network designed to accelerate blockchain technology adoption, according to an Aug. 23 statement. The layer-2 network—a result of a collaboration with blockchain infrastructure provider Startale—seeks… Continue reading Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
Metaverse pioneer and special effects team unite for blockchain project
Source: Cointelegraph Wētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit. The blockchain protocol launched by New York Times best-selling author Neal Stephenson, who conceived the term “metaverse” in a 1992 novel, has collaborated with a special effects firm known for their work on… Continue reading Metaverse pioneer and special effects team unite for blockchain project
Dubai court recognizes employees’ right to receive salary in digital assets
Source: Coingeek Employees in the United Arab Emirates (UAE) can receive salaries in digital assets after a Dubai Court of First Instance overruled a 2023 decision, setting a new legal precedent. According to the ruling in case number 1739 of 2024, the court held that employees are entitled to receive compensation in both fiat currencies… Continue reading Dubai court recognizes employees’ right to receive salary in digital assets
