A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO) says it’s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. “On…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The long-standing and controversial question of whether Ripple payments could one day replace the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is gaining renewed attention in the crypto market. A prominent XRP analyst has highlighted a significant shift in the Ripple payment…
It’s an open secret in the fintech world that the founder and CEO of startup Increase, Darragh Buckley, has been trying for years to “buy a bank,” as one person familiar with the landscape told TechCrunch. A couple of weeks ago, he basically succeeded. He bought a big enough stake in Twin City Bank to…
Bankrupt crypto exchange FTX is asking the court to greenlight a plan that could potentially deny billions in creditor repayments to users in 49 countries where crypto faces legal restrictions. This could disproportionately impact Chinese users, who reportedly represent 82% of the affected claim value. Navigating Legal Minefields in Restricted Jurisdictions The FTX proposal, detailed…
What if you could get a really good pair of over-ear headphones that didn’t cost more than $400? That’s the question Nothing, a UK-based tech startup, is trying to answer with the new Nothing Headphone (1) headphones, just unveiled this week. A bunch of tech publications got to try out the new headphones prior to…
DeFi Technologies Inc, a Nasdaq-listed fintech firm, is expanding into the GCC and MENA regions to capitalize on the rising institutional demand for digital assets across the Middle East. Expanding DeFi Technologies’ Global Footprint DeFi Technologies Inc, a Nasdaq-listed financial technology company, has announced a significant expansion into the GCC and MENA regions. The company…
Sweden’s Justice Minister has reportedly ordered law enforcement to ramp up seizures of unexplained crypto holdings—even without direct evidence of a crime. The directive hinges on a controversial law that could redefine asset forfeiture in the digital age. On July 4, Decrypt reported that Sweden’s Justice Minister Gunnar Strömmer issued a formal call for law…
A widely followed cryptocurrency analyst is issuing an alert, warning traders that altcoins appear poised to continue declining against Bitcoin (BTC). In a new thread, crypto trader Benjamin Cowen tells his 1 million followers on the social media platform X that US monetary policy will remain tight, suggesting that altcoin pairs versus the top crypto…
More Good MagSafe Chargers Here are a few other MagSafe wireless chargers we have tested that didn’t quite manage to earn a place above. Photograph: Simon Hill UAG Wireless Charging Pad and Stand for $60: If you like industrial design with a carbon-fiber finish, this magnetic charging puck from Urban Armor Gear is solid. It…
Key Takeaways Rostec is preparing to launch a ruble-backed token, RUBx, on the Tron blockchain. The RT-Pay payment platform will integrate RUBx with current banking infrastructure, complying with Russian regulations. Share this article Rostec, Russia’s military-industrial behemoth, is set to roll out a ruble-backed stablecoin and a digital payment platform by the end of this…
