XRP price has witnessed a sharp upward movement in recent sessions, driven primarily by a …
Tag:
backing
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Analysis
OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing
by shayaanby shayaanOpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new …
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DeFi
Sky’s new DeFi protocol Grove launches with $1B backing to bring institutional credit onchain
by shayaanby shayaanSky Protocol’s decentralized finance network has launched a new institutional-grade credit protocol with a $1 …
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Regulations
Digital Asset Market Clarity Act moves to House floor with bipartisan backing
by shayaanby shayaanA legislative proposal to establish a regulatory framework for digital assets in the United States, …
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Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, …
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In brief The Texas House passed Senate Bill 21 on second reading with a 105-23 …
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The US Senate has moved the GENIUS Act one step closer to becoming law, following …
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DeFi
IntoTheBlock and Trident Merge With $25M Backing to Build Institutional DeFi Gateway
by shayaanby shayaanDecentralized finance (DeFi) firms IntoTheBlock and Trident Digital have merged to form Sentora, joining forces …
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Markets
Tether Reveals $770,000,000 Physical Gold Bullion Reserves Backing XAUT Stablecoin
by shayaanby shayaanTether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds …
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Adoption
Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets
by shayaanby shayaanTether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total …
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