Crypto-news

Spot Bitcoin exchange-traded funds (ETFs) in the United States bought up nearly six times as many Bitcoin as were produced by miners over the last week. The US-based Bitcoin funds bought a whopping 18,644 Bitcoin over the past week when only 3,150 BTC were mined for the period, reported asset allocator HODL15Capital on May 4. This…

Tokenization of real-world assets (RWAs) is evolving from an abstract concept to a practical financial tool as institutional players increasingly test and deploy blockchain-based infrastructure at scale. This past week alone saw a flurry of announcements from both traditional financial institutions and blockchain-native firms advancing their RWA initiatives. On April 30, BlackRock filed to create a…

Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to tokenized gold. In an interview with Cointelegraph, the DAO representatives outlined three major benefits unique to tokenized gold, including…

Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May 3, Buterin laid out a vision to restructure Ethereum’s architecture across consensus, execution and shared components. “This post will describe…

Crypto app developers are now free to direct users to payments outside of Apple’s ecosystem without restrictions or hefty fees, after a United States district judge ruled that Apple violated an injunction in its antitrust legal battle against Epic Games. “The Court finds Apple in willful violation of this Court’s 2021 Injunction, which was issued…

MultiBank Group, the world’s largest financial derivatives institution based in Dubai, has signed a landmark $3 billion real-world asset (RWA) tokenization agreement with United Arab Emirates (UAE)-based real estate giant MAG and blockchain infrastructure provider Mavryk. The deal represents the largest RWA tokenization initiative globally to date and highlights the upcoming launch of MultiBank’s native…