UBS has launched its first tokenized fund, offering institutional-level cash management via Ethereum blockchain to meet the rising demand for digital assets. Behind the Curtain: UBS’ First Tokenized Fund Breaks New Ground in Asia UBS Asset Management announced on Friday the launch of its first tokenized investment fund, the “UBS USD Money Market Investment Fund […]
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $13.7 million. The exchange said customer funds […]
According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the market inching up 0.32% from $172.337 billion to $172.892 billion. Leading the pack, tether (USDT) now boasts […]
The recent surge in prediction markets has coincided with the upcoming presidential election, as those seeking a supplement to traditional polling look to new methodologies. As election day draws closer, established prediction markets have seen their volumes skyrocket, while fresh players are jumping in to launch their own platforms. This sudden influx of companies offering […]
Web3 game Off the Grid has presented its “Save Democracy” pack, which includes skins resembling candidates from both sides of the aisle. Characters resembling the likenesses of Kamala Harris and Donald Trump are included featuring one-liners mocking the statements of the U.S. presidential election candidates. Off the Grid Gets Political With Save Democracy Pack, Including […]
The M2 money supply is an economic measure of the total amount of a sovereign nation’s fiat currency currently circulating worldwide.
Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was valued at $54.52 per PH/s, the highest hashprice in 30 days. As of today, however, the spot market […]
Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price movements under different administrations. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Oct. 30, 2024, it was penned by Bitcoinminingstock.io author Cindy […]
The U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the Federal Open Market Committee (FOMC) meeting close behind. Rising U.S. Treasury Yields Could Spell Trouble for 2025 Economy As the U.S. approaches the 2024 election, economic indicators are signaling turbulence ahead, […]
From Oct. 1 to Oct. 31, 2024, a total of 1,970.401 BTC was spent from vintage wallets originally created between 2010 and 2017, according to the latest metrics. Dormant Bitcoin Wallets Show Restraint In September, long-quiet bitcoin wallets suddenly woke up, releasing 4,066.81 BTC back into the crypto stream. While bitcoin (BTC) prices rose by […]
Trump is making bold promises to capture the attention of the digital asset industry and investors.
