Franklin Templeton Brings Tokenized Money Market Fund to Arbitrum

Franklin Templeton and Arbitrum partner to launch a tokenized fund, expanding TradFi's presence in the DeFi ecosystem through blockchain technology. The post Franklin Templeton Brings Tokenized Money Market Fund to Arbitrum appeared first on BeInCrypto.

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Franklin Templeton expands tokenized fund to Arbitrum

Franklin Templeton has launched its US government money fund on Ethereum Layer 2 network Arbitrum. The asset manager’s expansion of FOBXX adds to accessibility on Stellar and Polygon. Franklin Templeton, a global asset manager with $1.

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Fidelity International Tokenizes Money Market Fund Using JPMorgan’s Blockchain

Сообщение Fidelity International Tokenizes Money Market Fund Using JPMorgan’s Blockchain появились сначала на Coinstelegram.

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Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain

The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets.

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Bitcoin ETFs Resume Inflow Winning Streak; BlackRock's IBIT Crosses $20B in AUM

The U.S.-based spot bitcoin ETFs yesterday made it 15-consecutive sessions of net inflows, with the latest rush of money combing with a rally in the price of {{BTC}} to send BlackRock's iShares Bitcoin Fund (IBIT) to more than $20 billion in assets under management for the first time.

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Bitcoin Pops Above $64,000 After Grayscale’s GBTC Snaps 78-Day Outflow Streak With $63M In New Money

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Franklin Templeton's Polygon move - Good news for MATIC's prices?

Franklin Templeton has tokenized a $380 million US government money fund on Polygon. Interest in Polygon NFTs plummeted. Polygon [MATIC] has seen some positive price movement over the courseThe post Franklin Templeton's Polygon move - Good news for MATIC's prices? appeared first on AMBCrypto.

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Franklin Templeton’s Tokenized Fund Enters Peer-to-Peer Transfer Era

Franklin Templeton's blockchain-based US government money fund token, BENJI, now offers P2P transfers. The post Franklin Templeton’s Tokenized Fund Enters Peer-to-Peer Transfer Era appeared first on BeInCrypto.

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Franklin Templeton tokenizes $380 million US government money fund on Polygon, Stellar

Franklin Templeton has tokenized a $380 million treasuries fund on the Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries. The company has launched the Franklin OnChain United States Government Money Fund (FOBXX), offering shares as BENJI tokens.

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Franklin Templeton enables P2P transfers for $380m tokenized treasury fund

Franklin Templeton enables peer-to-peer transfers for its $380 million money market fund via its BENJI token on Stellar and Polygon blockchains.

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Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers

The feature helps to expand the utility of the Franklin OnChain U.S. Government Money Fund's BENJI token and make it more interconnected with the digital asset ecosystem.

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BlackRock опроверг информацию о партнерстве с Hedera. HBAR упал на 38%

BlackRock не имеет прямого отношения к решению Archax и Ownera токенизировать акции ICS US Treasury money market fund (MMF) от компании на Hedera. Об этом заявил представитель фирмы, пишет Cointelegraph.

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Samourai Wallet Founders Arrested and Charged With Money Laundering

Federal prosecutors charges Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering on Wednesday, as the U.S. government continues its approach to prosecuting crypto mixing tools that may be used by illicit actors and foreign governments to hide fund transfers.

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Why the Misinterpreted BlackRock News Remains Bullish for Hedera’s (HBAR) Long-Term Trajectory

The crypto community witnessed a significant development as the HBAR Foundation announced that BlackRock’s ICS US Treasury money market fund (MMF) had been tokenized on the Hedera network. This development was initially misinterpreted by some as BlackRock itself tokenizing the fund directly on Hedera.

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Here’s Why Hedera (HBAR) Price Surged 100% in 24 Hours

Hedera's (HBAR) price surged 100% in 24 hours, driven by BlackRock's tokenization of its US Treasury money market fund on the platform in partnership with Archax and OwneraIO, a milestone for real-world asset tokenization.

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HBAR token surges 90% amid confusion over BlackRock’s involvement

HBAR, the native token of the Hedera blockchain, surged by 90% following a widely misinterpreted announcement from the HBAR Foundation, which caused confusion among crypto influencers. A BlackRock money market fund was tokenized on the Hedera blockchain, causing the Hedera…

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BlackRock tokenizes Money Market Fund on Hedera, HBAR soars

Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry and comes after abrdn plc tokenized its MMFs on Hedera last year.

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Archax, Ownera and Hedera collaborate to tokenize BlackRock money market fund

Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry and comes after abrdn plc tokenized its MMFs on Hedera last year.

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PayPal расширил использование PYUSD на международные платежи

4 апреля платежная компания PayPal объявила о запуске сервиса трансграничных платежей и переводов Xoom. Eligible U. S. customers can now convert PayPal USD to USD to fund transfers on Xoom, PayPal’s cross-border money transfer service.

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BlackRock’s tokenized fund registers over $240 million in inflows within a week

BlackRock's tokenized money market fund built on Ethereum blockchain has attracted over $240M in inflows since its debut a week ago.

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Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).

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BlackRock Bitcoin ETF hits record $788m daily net inflows 

Bitcoin ETF investors parked a record amount of money into BlackRock’s fund on the day crypto’s leading token achieved a new all-time high before retracing up to 10%.

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Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto

The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.

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$490K Prize Fund For Binance (BNB) Hackathon, Option2Trade (O2T) Will Make You More Money In 2024

2024 is shaping up to be a lucrative year for cryptocurrency enthusiasts and investors. The $490K Binance (BNB) hackathon is setting the stage for groundbreaking innovations in the blockchain sphere.

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UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders

The FCA is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.

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Bitcoin Doomer Jim Cramer Admits He Was Wrong About BTC As The Asset Smashes Through $38,000

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Recover money lost to crypto scams using Report Scammed Bitcoin (RSB)!

A relief fund has been set up to help victims of crypto scams to recover their money lost to crypto scams. According to the CEO of Report Scammed Bitcoin (RSB) Mr. Simon Britt, the relief fund is set The post Recover money lost to crypto scams using Report Scammed Bitcoin (RSB)! appeared first on AMBCrypto.

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Crypto Recovery: Report Scammed Bitcoin (RSB) Reveals Great News of Crypto Recovery for Victims of Crypto Scam

New York, USA, November 2nd, 2023, Chainwire Great crypto recovery news for victims of crypto scam. A relief fund has been set up to help victims of crypto scams to recover their money lost to crypto scams.

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Wen $50K BTC? — Crypto Market On Cusp Of Parabolic Bull Rally That Will Have Global Impact

The majority of crypto assets have rocketed higher in the past week as investors continue to plug money into the market due to increased optimism around the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States.

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Hedera: Will this progress on the RWA front save HBAR from the sellers?

Hedera to support the tokenization of Airbnb’s money market fund. HBAR sees a strong surge but low retail participation — Assessing its implications. Most top blockchains have a strategyThe post Hedera: Will this progress on the RWA front save HBAR from the sellers? appeared first on AMBCrypto.

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Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'

CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist Roger Ver.

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Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial

Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.

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UBS Launches First Tokenized Fund on Ethereum

UBS Asset Management pilots tokenized money market fund, exploring tokenizing real-world assets on Ethereum.

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UBS Asset Management launches pilot of tokenized fund

UBS Group AG, financial holding company, announced the launch of a pilot project to tokenized money market fund.

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Aave price is in trouble as US money market fund yields rise

Aave price has been in a strong bearish trend in the past few months. There are concerns about the American interest rates. Money market funds and CDs have a better yield than Aave. AAVE price has underperformed the market amid rising concerns about the DeFi protocol’s viability in a high-interest rate environment.

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Bitcoin Frontier Fund launches accelerator program for Ordinals startups

The program will provide seed money, mentoring and support to approved applicants.

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Blockchain Scoring Inadequate to Stop Money Laundering, CoinsPaid Warns

CoinsPaid warns that blockchain scoring is inadequate to detect illicit fund movement after suffering $37 million hack. The post Blockchain Scoring Inadequate to Stop Money Laundering, CoinsPaid Warns appeared first on BeInCrypto.

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$39M BTC Scandal Sends Georgian Billionaire to Court

George Bachiashvili, former head of the Georgian Co-Investment Fund, is accused of significant misappropriation of cryptocurrency and alleged money laundering. The Prosecutor’s Office of the Republic of Georgia is heading...

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Georgia prosecutors reportedly charge billionaire George Bachiashvili for misappropriation of funds in Bitcoin, money laundering

Georgian news outlet Agenda reported Thursday that George Bachiashvili, the founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund contributing about 40% to the nation’s GDP, has been charged with cryptocurrency misappropriation and money laundering.

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Alien Expedition Fund With Users’ Money? Cardano Founder Denies Accusations

Cardano founder Charles Hoskinson recently got entangled in debate after sharing snapshots of his expedition to the ocean in search of an interstellar meteor. The snapshots from his search for the interstellar meteor brought mixed reactions from the crypto community, with some claiming Hoskinson was harming Cardano and ADA  deployment. A critic responded to his […]

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Monetary Authority of Singapore Unveils Programmable Digital Money Plans

The Monetary Authority of Singapore, the Bank of Italy, the Bank of Korea and the International Monetary Fund has released a white paper exploring the concept of Purpose-Bound Money(PBM) and...

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EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M

Notable depositors into EigenLayer’s pools include one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool and another address associated with Hassan Bassiri, former vice president of portfolio management at crypto hedge fund Arca, per Nansen.

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Franklin Templeton in a pioneering move uses Polygon to support its OnChain fund

Franklin Templeton launched its OnChain U.S. Government Money Market Fund on the Polygon network. The integration with Polygon will allow the fund's customers to access Ethereum's $260 billionThe post Franklin Templeton in a pioneering move uses Polygon to support its OnChain fund appeared first on AMBCrypto.

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A $1.4T Financial Giant Expands Its Money Market Fund on Polygon

Franklin Templeton claims that the fund will be the first U.S. registered mutual fund run on blockchain technology.

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Franklin Templeton’s OnChain U.S. government money fund goes live on Stellar

Franklin Templeton has announced that its OnChain U. S. Government Money Fund has gone live on the Stellar Network. Stellar has reportedly invested $20 million in the fund, which recently crosseThe post Franklin Templeton’s OnChain U.

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Gemini gets a $100m lifeline from Winklevoss twins 

The Winklevoss twins have reportedly injected $100 million into the embattled Gemini crypto exchange. Sources say the platform will use the money to fund its operations. Gemini Trust Co, one of the countless crypto market participants hit hard by the…

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More Money Flows Into Crypto in Asia With Launch of $100M Hong Kong Fund

ProDigital Futures, a Hong Kong Investment fund, wants to invest $100 million in Web3 startups as the country aims to become a regional crypto hub. The post More Money Flows Into Crypto in Asia With Launch of $100M Hong Kong Fund appeared first on BeInCrypto.

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A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients' money, the hedge fund's founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange, but is it too soon?

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US Lawmaker Proposes Bill To Prevent Bitcoin From Being ‘Money’

Dennis Porter, CEO and co-founder of Satoshi Act Fund, shared a shocking breaking news via Twitter today that can be understood as a massive attack on Bitcoin in the United States of America. Porter wrote that the state of South Dakota is trying to pass a law that would exclude Bitcoin from the definition of […]

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