Author: NBTC

The initiative could give Korean investors a local-currency route into tokenized markets. Institutional minting and redemption remain subject to regulatory approval. Why is Injective targeting Korean won settlement? The partnership expands Injective’s RWA ambitions in one of the most active digital asset markets. It also builds on the network’s work with POSCO International and LG CNS, alongside South Korea’s push for won-denominated stablecoins. On top of that, stablecoins have become a major settlement channel for on-chain finance. According to Allium, Total Stablecoin Supply reached $336 billion, with Adjusted Supply at $311 billion. Source: Allium In Korea, dollar-backed stablecoins have dominated…

It would also establish a conditional safe harbor allowing crypto assets to cease being subject to investment contracts once issuers complete or permanently abandon promised essential managerial work and file a transition report with the SEC. Submissions from Bitwise, Nasdaq, the Alternative Investment Management Association, community banks and investor advocates reveal competing priorities that could shape the final regulations. Wall Street and crypto firms push for broader token access Asset manager Bitwise wants the SEC to make it easier for investment firms to determine which cryptocurrencies they can hold in exchange-traded products, indexes and private funds. In its Oct. 19…

The Same Trade, Different Cash Flows These are **hypothetical examples, not live quotes**: 100 contracts bought in one fill at 40 cents, then either sold in one fill at 60 cents or held to settlement. They assume no rebates, promotions or intermediary charges and begin with cleared account cash. Funding, withdrawals and taxes are separate. For a concrete contract type, consider a full-game football-winner contract on the same team and game. Polymarket US’s sports rules and Kalshi’s football terms both include overtime by default. The examples cover an ordinary completed game with a winner: the winning contract pays $1 and…

What the Data Shows Despite the lack of specific pricing metrics today, the introduction of Basin is likely to stir interest among investors and institutional players. Given the current environment of mixed market signals, the focus on liquidity solutions may draw attention to how tokenized assets are managed onchain. This move aligns with recent trends toward digitizing traditional financial products, suggesting a pivotal shift in how these markets operate. SkyEcosystem is a leader in the field of tokenized funds, taking significant strides in reshaping market dynamics. The introduction of Basin by Sky Prime Agent aligns with regulatory interests in ensuring…

“Just saw this @CoinMarketCap has a tiny bird floating in the bottom left corner of their site,” Bollinger said. The legendary technical analyst seemed especially entertained by the game’s unique mixture of crypto history and technical analysis. “Sorta reminds me of the good vibes of the early days. Enjoy!” he added. A secret Bitcoin game Bitcoin Bird, CoinMarketCap’s hidden game, is essentially a fun version of the classic Flappy Bird mobile game but with a crypto theme. Rather than controlling a bird that flies between narrow pipes, the game requires you to guide the bird to fly between a corridor…

By the Numbers Currently, the trading volume for $UNI remains absent, reflecting a period of adjustment following this landmark event. However, the implications of this block trade could stir interest among traders looking for innovative avenues within the DeFi sector. As the market evolves, participants will likely be analyzing how this integration of traditional financial systems impacts trading strategies moving forward. Uniswap operates as a decentralized exchange, facilitating the trading of various cryptocurrencies and tokens without the need for a centralized authority. The recent milestone reflects the growing intersection of DeFi with traditional finance, a space where regulators are increasingly…

These applications run on smart contracts. A smart contract is code stored on a blockchain that runs on its own when set conditions are met. It works like a vending machine: put in the right input, and you get a fixed output, with no clerk in the middle. Ethereum’s design rests on three core pieces: The Ethereum Virtual Machine (EVM): the shared computer that runs smart contracts on every node Gas: a unit that measures how much computing work a transaction needs Ether ($ETH): the native token used to pay for gas How Did Ethereum Go From Paper to Launch?…

However, the stock has recovered 52% since reaching a 52-week low of $65.15 in March, according to Dow Jones Market Data. The latest analyst updates reflect differing views on Robinhood’s growth prospects, valuation, and ability to compete as it broadens its financial services offering. Rosenblatt sees potential in Robinhood’s expanding platform Rosenblatt initiated coverage of Robinhood with a Buy rating and a $135 price target, implying roughly 37% upside from Tuesday’s closing price of $98.21. Analyst Chris Brendler described the company as a “generational growth story” that “deserves premium valuation.” He wrote that “few companies can claim to have changed…

By the Numbers The current market dynamics show Pendle Finance positioning itself as a leader in DeFi innovation through strategic partnerships. While specific trading volumes remain undisclosed, the collaboration with Janus Henderson could attract significant institutional interest, potentially impacting Pendle’s market presence positively. The overall crypto landscape continues to exhibit mixed signals, yet this partnership stands out as a noteworthy development. Pendle Finance operates as a decentralized finance protocol that allows users to tokenize and manage future yield from their assets. The partnership with Janus Henderson, a prominent asset management firm, aligns with Pendle’s mission to enhance the accessibility of…

Cartier operated an unlicensed cryptocurrency money-transmitting business through companies presented to banks as legitimate technology enterprises. Prosecutors stated that his operation processed more than $470 million in illicit proceeds, far exceeding the $14.5 million directly attributed to Zuluaga Duque’s laundering activities. Cartier previously pleaded guilty and received eight years in federal prison. Cocaine Conspiracy Blows the Case Wide Open The crypto transactions were only half the trouble. Federal investigators also connected Zuluaga Duque to an operation intended to bring cocaine from Colombia into New York. In November 2023, confidential sources working with law enforcement arranged a transaction involving approximately nine…