Author: Crypto Insider

Hathor Network, an RWA-focused blockchain project, turns the page to start a new era with the introduction of Nano Contracts. Real-world asset (RWA) tokenization is a promising use case of blockchain technology. Carrying RWAs onchain can unlock liquidity and enhance transparency across markets while making ownership more accessible. Industries ranging from real estate and fine…

The rising demand for a natively-issued, 1:1 dollar-backed asset in decentralized finance (DeFi) led to the creation of USDX, the first native stablecoin launched on Flare Network by HT Digital Assets. Amid Markets in Crypto-Assets Regulation (MiCA)-induced compliance stress on Tether, Alessio Quaglini, co-founder and CEO of Hex Trust, explains in an interview with Cointelegraph…

Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its presence in the country, the crypto exchange said on Dec. 23. Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said. Digital assets held…

Understanding compressed NFTs Compressed NFTs are a type of non-fungible token (NFT) designed to reduce the cost of storing and transacting with NFTs on the Solana blockchain.  With the increasing adoption of NFTs, developers face difficulties maximizing storage and lowering minting costs for these digital assets. The Solana blockchain introduced compressed NFTs (cNFTs) to overcome such…

Securitize, the brokerage firm for the tokenized BlackRock US dollar Institutional Digital Liquidity Fund (BUIDL), has submitted a Frax improvement proposal to add BUIDL as backing collateral for the Frax USD stablecoin. According to the improvement proposal, using BUIDL as a collateral reserve asset provides yield opportunities, deeper liquidity and transfer options, and reduced counter-party risk…

The United States could reduce its national debt by 35% in the next 24 years if it creates a reserve of 1 million Bitcoin, in line with a bill proposed by Senator Cynthia Lummis, says asset management firm VanEck. VanEck’s estimate assumed Bitcoin will increase at a compounded annual growth rate (CAGR) of 25% to…