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JPMorgan Initiates First Collateral Settlement Using Digital Tokens, Blockchain
Wednesday, October 11, 2023 - 9:01am | 642JPMorgan Chase & Co. (NYSE: JPM) has initiated its inaugural collateral settlement using blockchain technology. The bank's Tokenized Collateral Network (TCN) facilitated BlackRock Inc. (NYSE: BLK) in converting shares from one of its money market funds into digital tokens. These tokens were...
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Bitfinex, Zodia Custody Hope To Set New Standards For Institutional Crypto Trading
Thursday, September 28, 2023 - 2:23pm | 457Crypto exchange Bitfinex is partnering with digital asset custodian Zodia Custody. What Happened: The agreement will allow Zodia's clientele to execute trades on Bitfinex while ensuring their assets are maintained via Interchange, an off-exchange settlement solution. Clients who hold...
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Fed Official Warns Of Stablecoin Threats To US, Urges Stricter Oversight
Friday, September 8, 2023 - 4:02pm | 418Federal Reserve official Michael Barr on Friday expressed deep concerns about the issuance of stablecoins without stringent federal oversight. Speaking at a fintech conference, Barr highlighted the potential threats stablecoins could bring to financial stability, U.S. payments, and monetary policy...
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Libertify's AI Audit: The Holy Grail Of Crypto Risk Management?
Monday, August 7, 2023 - 12:09pm | 478Libertify, an AI-driven risk management platform, unveiled its latest offering in crypto wealth management: an artificial intelligence (AI) audit. This new feature allows crypto investors to assess and manage their portfolio risks and instantly receive optimization suggestions aimed at minimizing...
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Major Victory For Ripple: XRP Sales Not Classified As Investment Contracts, Judge Rules
Thursday, July 13, 2023 - 12:25pm | 675In a landmark ruling, a U.S. judge has determined that Ripple's sales of the XRP token (CRYPTO: XRP) do not constitute an offer of investment contracts. The decision, which could have significant implications for the broader cryptocurrency industry, was based on an analysis of the economic...
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Tether Joins Forces With Kava: A New Era For Stablecoins And Scalable Blockchains
Wednesday, June 21, 2023 - 10:13am | 526In a major move, Tether Operations Limited, the company behind the stablecoin Tether (CRYPTO: USDT), has announced the launch of its US dollar-pegged tokens on the Kava (CRYPTO: KAVA) blockchain. Kava is known for its scalability and speed, making this a significant addition for Tether....
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Five 21Shares Funds Bite The Dust Due To Investor Exodus, But What Other Fund Is Doing Well?
Thursday, March 16, 2023 - 7:35pm | 324Cryptocurrency asset management firm 21Shares shut down five exchange-traded products (ETPs) and delisted another as investor demand declines. The move comes as digital tokens struggle amid the Federal Reserve's efforts to control inflation and as the cryptocurrency space faces multiple...
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English Premier League Could Launch NFTs, Its Own Crypto: Here Are The Details And A Stock To Watch
Tuesday, June 7, 2022 - 12:51pm | 400A leading soccer league has filed several trademarks in the world of cryptocurrency and non-fungible tokens. Here are the details. What Happened: The English Premier League filed for several new trademarks on June 6, according to a report from Decrypt. Trademark attorney Michael Kondoudis shared...
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The Foundation Of The EverRise Ecosystem: The RISE Token
Thursday, September 2, 2021 - 10:17am | 908The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The deflationary properties of cryptocurrencies are one aspect that lures long-term and short-term investors alike. Unlike fiat currencies...