BlackRock Tokenizes $311B of European Money Market Funds
BlackRock launched tokenized share classes for $311 billion in European money market funds through JPMorgan's blockchain unit Kinexys.
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XRP Can Now Be Used as Collateral to Borrow RLUSD on Ethereum
Flare and Sentora opened a Morpho Blue market where XRP holders can borrow RLUSD against wrapped FXRP collateral without selling their coins.
American Bitcoin Grows Reserve to 8,002 BTC in Q2
American Bitcoin grew its reserve to 8,002 BTC after mining a record 932 BTC in Q2, as net loss narrowed to $57.2 million.
Mastercard Closes $1.8B Acquisition of BVNK
Mastercard completed its $1.8 billion acquisition of BVNK to build stablecoin payment and settlement infrastructure for banks and businesses.
BlackRock Launches Tokenized Funds for Stablecoin Reserves
BlackRock unveiled BSTBL and BRSRV funds for stablecoin reserves under the GENIUS Act. The firm already manages $60B in Circle reserves.
Bithumb Targets 2028 IPO After Restructuring
South Korean exchange Bithumb is preparing a 2028 IPO after restructuring and a February error involving 620,000 Bitcoin.
Bernstein Warns of Crypto Selloff Risk Over CLARITY Act
Bernstein warns a stalled CLARITY Act could hit Bitcoin. Odds of passage have dropped to 31% on Polymarket amid Senate delays.
Coldcard Hack Hits $114 Million as Fourth Wave and CZ Warning Land
Coldcard wallet losses climbed to $114 million after a fourth attack wave. CZ warns Bitcoin holders to spread funds across multiple wallets.
SEC Freezes Nasdaq QBTC Bitcoin Options After CME Challenge
The SEC paused Nasdaq's QBTC bitcoin index options after a CME Group jurisdiction challenge. Review continues through at least August 24.