Cantor Fitzgerald faces Senate Democrat’s questions over Tether ties
The letter follows a report by the Democratic investigators last month alleging Tether’s USDT has become a key tool for Iran’s shadow banking network.
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China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express
Despite ongoing bans, China has seen a big surge in peer-to-peer stablecoin use. New figures show South Korea’s $450B crypto economy is the largest in East Asia.
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Securitize stock jumps over 10% after launching tokenized US equities on Solana
Securitize’s new offering gives eligible investors access to tokenized shares of 12 US companies, with dividend and voting rights and plans for round-the-clock trading.
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NFL backs New Jersey authorities in SCOTUS petition over Kalshi
According to the league, Kalshi and other prediction markets “threaten game integrity” because many event contracts are “highly susceptible to manipulation.”
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Netflix drops trailer for series based on FTX’s SBF and Caroline Ellison
Sam Bankman-Fried remains in federal prison following his 2023 conviction, while Caroline Ellison was released in January.
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IMF warns tokenized markets could amplify financial risks
The global financial institution found tokenized equity markets less liquid and more volatile than traditional markets, despite growing demand for 24/7 trading.
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Bitcoin nears 3-week low as oil heads higher on Iran strike woes
Bitcoin dipped below $81,000 and oil prices gained after reports that military confrontation between the US and Iran could return.
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US government moves $1B in seized Bitcoin after $770M transfers
Blockchain analysts identified the US government wallet tied to the recovery of funds from the Bitfinex hack.
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‘No going back’ for institutions moving toward tokenized onchain future, says Fidelity
Tokenization offers structural advantages to financial institutions and helps asset managers reach new markets, according to Fidelity’s head of digital asset strategists.
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Crypto lending rises again… but have they solved the risks?
Crypto lending has risen by 55% since July, but now has to deal with the dangers of AI assisted hacks, and risks cascading through interlinked protocols. Here’s how to stay safe.
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