The Stacks Asia DLT Foundation has partnered with EVG and Aspen Digital to accelerate the adoption of Stacks, the bitcoin layer two (L2) protocol, across Asia by tapping into high-growth markets, institutional networks, and localized outreach. New Alliance Aims to Ramp Up Bitcoin Adoption in Asia In a strategic move to deepen its reach across […] Original
Galaxy Digital sets sights on Nasdaq listing, aiming to supercharge investor access to AI and crypto markets. Nasdaq Set to Welcome Galaxy Digital After SEC Greenlight and Shareholder Approval Galaxy Digital Holdings Ltd. announced on April 30 that it plans to begin trading on the Nasdaq Global Select Market on May 16, 2025. The firm […] Source CryptoX Portal
Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards. Self-sovereign identity (SSI) can fix this. The UK Food Standards Agency and the European Commission both urge reform to tackle this concern by creating a robust traceability database within supply chain networks to ensure consumer transparency and trust. Data, however, is…
Asset manager BlackRock has filed to create digital ledger technology shares from one of the firm’s money market funds, which will leverage blockchain technology to maintain a mirror record of share ownership for investors. The DLT shares will track BlackRock’s BLF Treasury Trust Fund (TTTXX), which may only be purchased from BlackRock Advisors and The Bank of New York Mellon (BNY), the firm said in its April 29 Form N-1A filing with the Securities and Exchange Commission. The money market fund holds over $150 million worth of assets, invested almost…
Bitcoin miners with the right infrastructure and management talent can gain substantial value by pivoting into the booming AI and HPC data center market, analysts say. As demand for AI infrastructure grows, crypto miners with access to power and cooling could be well positioned to profit from supporting high-performance computing workloads, according to a Galaxy Digital research report. The analysts believe miners with experienced management teams capable of executing AI and HPC buildouts have a “tremendous opportunity” to bring “significant incremental value to their companies.” The appeal lies in the…
Mastercard is turbocharging the future of payments with a sweeping launch of global stablecoin capabilities, revolutionizing digital wallets, merchant checkouts, and cross-border transactions. Mastercard Unveils Full-Scale Stablecoin Payments Network Globally Mastercard announced on April 28 a major step forward in digital payments by unveiling global, end-to-end capabilities aimed at enabling stablecoin transactions from digital wallets […] Source CryptoX Portal
Digital asset funds saw a surge of $3.4 billion in inflows last week, marking the third-largest on record, as investors seek alternatives amid sustained concerns over tariffs. Bitcoin and Ethereum Lead Digital Asset Inflows Digital asset investment products recorded a massive $3.4 billion in inflows last week, the third-largest weekly total on record, according to […] Source CryptoX Portal
Key Notes Bitcoin funds attracted $3.18 billion, with assets under management hitting $132 billion. The second-largest cryptocurrency, Ethereum, made a comeback with $183 million in inflows after weeks of outflows. US investors accounted for $3.3 billion of the total flows, with Europe showing growing demand. Current market data shows that global digital asset investment products attracted significant attention last week, recording inflows totaling $3.4 billion. ‘According to the update, this marks the largest inflows since mid-December 2024 and the third-largest weekly inflow on record. The shift in investor interest comes…
Opinion by: Raullen Chai, co-founder and CEO of IoTeX The United States and other superpowers are on the brink of a financial evolution. With President Donald Trump’s recent executive order establishing a Strategic Bitcoin Reserve (SBR) and a US Digital Asset Stockpile (DAS), the conversation around digital assets in government reserves is gaining momentum. Countries like Czechia have also followed suit with their sovereign digital asset reserve plans. While Bitcoin (BTC) and select altcoins are being considered, the discussion remains incomplete without including decentralized physical infrastructure network (DePIN) tokens. DePIN…
Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter. The exchange said the US financial regulator needs to establish a clearer taxonomy for cryptocurrencies, including categorizing a portion of digital assets as “financial securities.” Those tokens, Nasdaq argued, should continue to be regulated “as they are regulated today regardless of tokenized form.” “Whether it takes the form of a paper share, a digital…