Digital Asset Treasuries
Crypto
Bitcoin tumbles as whale sells 3,500 BTC, $310 million liquidated in 24 hours
Market analysts warned that the selling actions could push Bitcoin price to the low $50,000s.
Crypto
BloFin warns of low crypto market liquidity amid macroeconomic shifts
BloFin analsysts pointed out that Bitcoin faces high downward risk is an unexpected event occurs.
Adoption
UAE banks signal digital asset demand with Taurus, Zand collaboration
UAE's first digital bank Zand partners with Swiss firm Taurus to offer crypto services.
Technology
Chainlink to handle on-chain NAV for Sygnum’s $50 million tokenized Matter Labs treasury
Institutional interest in Chainlink's LINK token has risen, according to Lookonchain.
Exchanges
KuCoin to enforce 7.5% VAT on Nigerian trades amid regulatory changes
Local stakeholders said the move suggest that there was room for further crypto growth in the country.
Technology
Lido sees around 100k increase in staked Ethereum amid SEC scrutiny
Lido has advanced its decentralized node operations with the launch of Community Staking Module (CSM).
Tokenization
Web3 Foundation, Parity Technologies dismiss Polkadot treasury depletion fears
Crypto community members have praised Polkadot's release of its treasury report.
AI
Bittensor suffers $8 million exploit, TAO price tumbles to six-month low
Bittensor's developers said they paused the chain to investigate the attack.
Regulation
Singapore raises risk level for digital payment token providers in counter-terrorism update
Singapore tightens digital token regulations to counter evolving terror finance risks.
Tokenization
Polkadot team dismisses fears of empty treasury, touts self-sustaining model
Polkadot's Treasury is continually replenished by the network's token inflation.
Regulation
Mark Cuban urges SEC to adapt Form S-1 for crypto companies
SEC Commissioner Mark Uyeda described the agency's current filing approach as "problematic."
Tokenization
Cardano unveils eco-friendly metrics to meet Europe’s new MiCA rules
The report revealed that Cardano uses an energy-efficient consensus mechanism that requires less energy.