BlackRock's BUIDL becomes the world’s largest tokenized treasury fund

It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund.

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BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton's

BlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.

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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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HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera

HBAR, Hedera’s native token, saw a sharp correction following clarification that the world’s largest asset manager, BlackRock, was not directly involved in the tokenization of its ICS Treasury Fund on the Hedera network.

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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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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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ParaSwap Hack Updates: DAO Approves Recovery Fund for Victims

ParaSwap DAO approves compensation for hack victims using treasury funds.

The post ParaSwap Hack Updates: DAO Approves Recovery Fund for Victims appeared first on BeInCrypto.

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OFAC targets Telegram-based news outlet Gaza Now that raised $4.5m in crypto to fund Hamas

OFAC designated social media news outlet Gaza Now and its founder Mustafa Ayash for crypto fundraising efforts aimed at supporting Hamas. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) alongside the U.K.’s Office of Foreign Sanctions…

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BlackRock's Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton's Older Offering

The tokenized U.S. Treasury market is poised to reach $1 billion "very soon" given the growth of BlackRock's BUIDL, an analyst noted.

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LayerZero CEO alleges Kyle Davies offered ‘better rates’ in a bid to rescue 3AC before bankruptcy

Bryan Pellegrino, LayerZero’s co-founder and CEO, has publicly accused Three Arrows Capital (3AC) co-founder Kyle Davies of trying to pressure the company to move its entire treasury to the now-defunct crypto hedge fund right before its bankruptcy. These allegations surfaced…

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Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain

The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.

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U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism

Just after Hamas' terrorist attacks in Israel last year, crypto took blame for helping fund such brutal killing. While the prominent media reports were later bashed by cryptocurrency experts, the U.

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Katie Haun's New Fund Leads $32M Round in Lending Protocol Euler

The funds will go toward treasury diversification for the forthcoming Euler DAO.

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Inside The Ethereum Foundation Treasury: What Does It Hold?

The Ethereum Foundation has been around for a while and is in charge of funds that get distributed to projects on the Ethereum network. In its treasury, there is a large amount of ETH among other crypto investments that help to fund projects.

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MiamiCoin disbursement to fund a rental assistance program, says Mayor Suarez

After a $5 million disbursement, MiamiCoin is the first CityCoin to withdraw funds from its treasury.

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What to expect from Polkadot's price action before parachain auctions go live

Gavid Wood recently indicated that the DOT treasury currently has 18.9 Million tokens (amounting to $836.9 Million at press time) ready to spend on development of the ecosystem. The fund's revelatiThe post What to expect from Polkadot's price action before parachain auctions go live appeared first on AMBCrypto.

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Arca Labs partners with Securitize on regulated, tokenized financial products

As part of its partnership with Arca Labs, Securitize will help launch tokenized financial products for the firm, starting with Arca’s registered tokenized treasury fund.

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Janet Yellen Accused of Banking Corruption

The US Treasury Secretary Janet Yellen has been accused of corruption due to receiving $7.2 million in ‘speaking fees’ from just Citi bank and the Citadel hedge fund. “Since much...

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DeFi crowd mocks Harvard Law student group for voting $20 million out of Uniswap treasury

While a Harvard Law student-led initiative called the “Defi Education Fund” is facing blowback for receiving $20 million worth of Uniswap’s (UNI) tokens and dumping half of it over-the-counter, some witty DeFi enthusiasts are openly mocking the whole ordeal.

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Concerns raised as $10 million in Uniswap tokens got sold after alleged ‘insider’ proposal

The new policy organization, DeFi Education Fund, focused on promoting decentralized finance (DeFi) education and advocacy were supported through the Ethereum (ETH) DeFi protocol Uniswap and it deployed half of the funds received from the protocol’s treasury in a single transaction.

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This Week in DeFi – June 4

This week, the Uniswap Treasury is being tapped to create a fund of UNI tokens worth $30 million to be […]

The post This Week in DeFi – June 4 appeared first on DeFi Rate.

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Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC

Hedge fund manager Bob Prince has warned that the recent sell-off in the U. S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies.

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UK Treasury-Ordered Report Calls for A 5 Point Plan; Includes FinTech Fund & Crypto Regulation

Treasury report based on the U. K. fintech, concludes govt needs to run a specific regime for Crypto-asset's regulations and control. U. K. chancellor, Rishi Sunak, triggered that review back in March 2020, under Ron Khalifa's supervision (former WorldPay boss).

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Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap

An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.

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Investment Firm Launches SEC-Registered Fund Built on the Ethereum Blockchain

The Arca US Treasury Fund just began selling shares of an Ethereum-based fund that is approved by the SEC. The Ethereum community is definitely excited about the news, but some are wondering why it’s not picking up steam as a major story.

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Tokenized US T-Bond Fund Seeks Foothold in $17T Market

The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds.

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U.S. Treasury Is to Start Issuing 20-Year Bonds in 2020 to Fund Growing Deficit

Coinspeaker U. S. Treasury Is to Start Issuing 20-Year Bonds in 2020 to Fund Growing DeficitThe U. S. Treasury will start issuing 20-year bonds. It will happen in the first half of 2020.

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U.S. Treasury Secretary: ‘I Bet I Won’t Even Talk About Bitcoin in Five Years’

U.S. Treasury Secretary Steven Mnuchin believes cryptocurrency transactions may pose certain risks to the financial system as they could potentially be used fund illicit activities such as money laundering and drug trafficking. Mnuchin’s recent comments...

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Mnuchin Shades Bitcoin, Pinky-Swears He’s Not Loading Up

Bitcoin will never, ever become a part of US Treasury Secretary Steven Mnuchin’s investment portfolio. The former hedge fund manager expressed his distrust of the cryptocurrency in a new interview clip released by CNBC, in which he assures the network that he won’t be talking about bitcoin six years from now.

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SEC Requests Public Comments for Bitcoin and U.S T-Bills-backed ETF

Following the postponement of the decision on the VanEck and Bitwise Bitcoin ETF proposals, the SEC has announced that it is accepting public comments for rule changes to list a proposed exchange-traded fund (ETF) backed by bitcoin and Treasury bills.

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Storecoin, with Backing from Ari Paul of BlockTower Launching Its Long-Awaited Milestone Token Sale

Announcing the next Storecoin Milestone Token Offering planned for June 20th (MTO) Storecoin — a zero-fee payment and p2p cloud computing platform with early backing from Ari Paul of BlockTower, Anthony Pompliano, Matt Ocko, AlphaBit Fund, Ari Nazir of Neural Capital, and more — is launching its long-awaited Milestone Token Offering on Thursday, June 20th at 12 pm PT.

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Tether [USDT] Whale Alert: 20 million USDT moved from Bitfinex to Tether Treasury as Bitcoin pumps

The infamous Bitfinex-Tether saga is far from cooling down after the oldest stablecoin, USDT, recorded a series of unusual fund movements to unknown wallets from its treasury. Whale Alert, the ever-observant Twitter handle which tracks significant cryptocurrency transactions, reported another movement by the controversial Tether.

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Sears Shocker: Retailer Sues Top Trump Advisor for Siphoning Billions

By CCN: Sears is in a downward spiral and it’s trying to take down as many others as possible, too, including a top advisor to President Trump. The retailer, which is currently in bankruptcy protection, has filed a lawsuit against its former CEO Eddie Lampert, his hedge fund ESL Investments, Treasury Secretary Steven Mnuchin, and others.

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Mueller Report: Russia Used Bitcoin to Fund DNC Hacks

An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.

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SEC получила заявку на запуск нового стейблкоина на базе Ethereum

Американская компания по управлению цифровыми активами Arca подала в Комиссию по ценным бумагам и биржам США (SEC) заявку на запуск фонда, акции которого будут выпущены на блокчейне Ethereum и обеспечены облигациями Казначейства США, сообщает Coindesk.

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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).

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Kalkulus announces a new Treasury Fund for 2019

Our good friends over at Kalkulus have announced a new Treasury Fund for 2019! Read about it in this article from Kalkulus' medium!On the 1st of January 2019 we successfully completed the Kalkulus Treasury Fund, that was instituted in June of 2018 with the purpose of collecting and increasing

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Using Governance To Decide The Future: Is Decred (DCR) Going to Build a Decentralized Exchange?

The Decred community is currently discussing a proposal for its Treasury to fund the development of decentralized exchange infrastructure.… The post Using Governance To Decide The Future: Is Decred (DCR) Going to Build a Decentralized Exchange? appeared first on Invest In Blockchain.

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[VIDEO] Top Bitcoin, Blockchain and Cryptocurrency Daily News Recap: November 28th

Fidelity Investments' Crypto Venture Capital Fund Activates Again, Significant Innovation Coming Fidelity Investments' Crypto Venture Capital Fund Activates Again, Significant Innovation Coming Malaysia's Finance Minister Announces Crypto Plans For Blockchain Regulations in 2019 Malaysia's Finance Minister Announces Crypto Plans For Blockchain Regulations in 2019 US Treasury Department's OFAC Links Multiple Bitcoin Wallets to Ransomware Ordeal […]

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FATF to Set International Standards to Stop Use of Bitcoin for Terrorism Funding

In a bid to deal with the use of Bitcoin to fund terrorist regimes around the world, the United States’ Financial Action Task Force is set to come up with standards that will help to stop the use of the digital asset to fund such activities.

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Jamie Dimon Says 10-Year Could Hit 5 Percent

JPMorgan CEO Jamie Dimon sits down with CNBC’s Wilfred Frost to discuss the U.S. economy, the banking sector and President Trump’s trade policies.     Q2 hedge fund letters, conference, scoops etc JPMorgan CEO Jamie Dimon cautions the 10-year Treasury yield could hit 5%: ‘It’s a higher probability than most people think’ Transcript Let’s kick […]

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The Trade War Has Evolved Into A Currency War – Despite What The “Experts” Are Saying

I have no doubt that the ongoing trade war’s evolving into the next round of currency wars. . .   Q2 hedge fund letters, conference, scoops etc This is a contrarian opinion – especially because yesterday China said they have “no desire” to devalue the Yuan in attempt to boost exports. And this came after U.S. Treasury Secretary – […]

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Jim Grant On Inflation And Two Year Notes

Jim Grant on the impact of inflation on the 2-year treasury notes from A CNBC interview last week (7/11/2018). Q2 hedge fund letters, conference, scoops etc Joining me this morning Jim. You’re entirely correct.

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Larry Summers: Tariffs Will Hurt Working People

Former US Treasury Secretary Larry Summers tells CNNMoney’s Richard Quest that Trump’s trade policy will result in Americans losing jobs. Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF.

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