Tokenized U.S. Treasury Market Grows Nearly 600% to $698M as Crypto’s RWA Race Intensifies
Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.
Starknet Foundation Showers STRK Tokens on Contributors, Though They’re Not Trading Yet
The foundation, formed in November 2022 after the initial developer StarkWare minted 10 billion STRK tokens, is now awarding early contributors to the Ethereum layer-2 network – even though they’re locked for trading at least until next April.
Marshall Islands Further Strengthen’s Law That Made DAOs Legal Entities
The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.
Do Kwon’s Terraform Labs Seeks Early Court Rejection of U.S. SEC Case
Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn’t managed to prove the crypto company was offering securities.
Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares
Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.
LastPass Hack Victims Lose $4.4M in a Single Day
Hackers siphoned a total of $4.4 million in crypto from at least 25 LastPass users on Oct. 25, according to blockchain analyst ZachXBT.
Celestia’s TIA Token Trades at $3.15 on Futures Market Ahead of Airdrop
TIA, the native token of modular blockchain network Celestia, is trading at $3.15 on decentralized derivatives exchange Helix ahead being issued later this week.
LIVE: Sam Bankman-Fried Tells Jury ‘Run on the Bank’ Felled FTX
Sam Bankman-Fried will continue his defense Monday against allegations he committed fraud and conspired to commit other forms of fraud in operating FTX and Alameda Research.
Animoca Brands Courts $50M Investment From Saudi Arabia’s NEOM
Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub.