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BNY launches tokenized deposits amid TradFi rush into blockchain and crypto

BNY Mellon has introduced tokenized deposits, marking a significant step in the traditional finance (TradFi) sector's embrace of blockchain and cryptocurrency. This initiative allows clients to hold digital assets in a secure, regulated environment, enhancing the efficiency of transactions. The move comes as financial institutions increasingly explore blockchain technology to streamline operations and improve customer offerings. BNY Mellon's tokenized deposits aim to bridge the gap between traditional banking and the growing digital asset market.

Read the full article: Coin Telegraph

Crypto developer protections don't belong in market structure bill, senators say

Senators have expressed that protections for cryptocurrency developers should not be included in the upcoming market structure bill. They argue that the focus should remain on broader market regulations rather than specific provisions for developers. This stance reflects concerns about the implications of such protections on the overall regulatory framework.

Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

The White House confirmed that Bitcoin seized from the Samourai Wallet has not been sold. This statement comes amid speculation regarding the management of confiscated cryptocurrency. The seized Bitcoin is part of ongoing law enforcement efforts to combat illegal activities associated with digital assets. The White House emphasized its commitment

Etherealize co-founders: ETH will hit $15,000 by 2027

Etherealize co-founders predict that Ethereum (ETH) will reach a price of $15,000 by 2027, driven by increasing adoption and advancements in decentralized finance (DeFi) and non-fungible tokens (NFTs). They believe that Ethereum's transition to a proof-of-stake consensus mechanism will enhance its scalability and sustainability, further boosting its

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has launched a new feature called "Custom Combos," allowing users to create their own prediction markets for various events, similar to sports betting parlays. Unlike traditional parlays, these Custom Combos enable users to combine multiple outcomes into a single bet on the platform. The feature aims to

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Crypto developer protections don't belong in market structure bill, senators say

Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

Etherealize co-founders: ETH will hit $15,000 by 2027

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays