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Tokenized US Treasurys expected to surpass $3B by end of 2024

The rapid growth in global crypto adoption (up 34% based on the number of holders since 2023) has increased the demand for stable, low-risk digital assets. Tokenized United States Treasurys give users access to government bonds within the crypto ecosystem. The figure below illustrates the rapid grow
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COINS Act model law offers blueprint for crypto regulation in India

Web3 venture firm Hashed Emergent and policy advisory group Black Dot have released a model crypto law aimed at clarifying India’s regulatory framework around digital assets.
Announced Monday, the Crypto-systems Oversight, Innovation and Strategy (COINS) Act offers a legislative blueprint to
ACT6.51%
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Monad’s $225M funding: Optimistic parallelization and MonadBFT insights

Monad is a new layer-1 smart contract platform that recently raised $225 million in funding from venture capital firm Paradigm
Although Monad has not launched yet, it is expected to be live on its public testnet in late 2024, with mainnet deployment planned for early 2025.
Monad is a parallel
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Blockchain compliance tools can slash TradFi costs — Chainlink co-founder

Blockchain-based investment products and compliance tools are poised to become more than 10 times faster and cheaper than traditional finance (TradFi) offerings, spurring increased digital asset adoption among financial institutions.
Traditional financial compliance products are often fragmented an
LINK1.96%
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SEC explores Ethereum token standard for compliant securities

The US Securities and Exchange Commission (SEC) met with industry players to discuss a token standard that could support the compliant issuance and transfer of tokenized securities
The SEC’s Crypto Task Force met with Ethereum-aligned organizations last Thursday, including the ERC-3643
ETH0.87%
TOKEN1.14%
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'Altseason is here' — 5 Things to know in Bitcoin this week

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BTC0.09%
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Ethereum’s Fusaka upgrade set for November, Glamsterdam planning next

Ethereum core developers have tentatively chosen November to release the protocol’s next major hard fork, called Fusaka, aimed at making the network more efficient and scalable.
Meanwhile, feature upgrades in the Glamsterdam hard fork, the next upgrade after Fusaka, are set to be confirmed on
ETH0.87%
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Ethereum is scaling: TPS, gas limit up as validators back 45M target

Ethereum’s throughput ticked up on Sunday as more validators signalled their support for increasing Ethereum’s gas limit to 45 million units, which will reduce transaction fees and enable improved network scaling.
Ethereum’s gas limit rose to over 37.3 million units on Sunday, according to
ETH0.87%
GAS-0.42%
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UK working to sell $7B in seized Bitcoin to boost budget: Report

The UK is reportedly eyeing the sale of over 5 billion British pounds ($6.7 billion) worth of seized Bitcoin to help fill a deficit in the country’s budget.
The Home Office and the head of the country’s Treasury, Rachel Reeves, are working with law enforcement to sell off its stockpile of seized Bi
BTC0.09%
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Fix incoming for MetaMask bug that’s slowly killing solid-state drives

Consensys, the blockchain firm behind MetaMask, has confirmed it will be “imminently” releasing a fix for its MetaMask browser extension after users reported it has been writing hundreds of gigabytes of data per day into their solid-state drives, potentially shortening their lifespan
Speaking to C
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Bitcoin gets $125K target as trader sees 'big move' next, ETH hits $3750

Key points:
Bitcoin market participants expect a resistance trend line breakout, with nearby targets including $125,000.
Attention continues to focus on altcoins while Bitcoin consolidates, with Ether reaching seven-month highs.
Upside potential across altcoins remains, with many not yet
BTC0.09%
MOVE12.05%
ETH0.87%
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Embedding human rights into crypto isn’t optional, it’s foundational

Opinion by: Shady El Damaty, co-founder of Human.Tech
Beyond the hype of accelerationist and technophile circles, a quiet crisis of confidence is taking hold in emerging technologies.
Crypto and decentralized identity solutions still carry enormous potential to empower individuals and distribute p
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High-leverage trader James Wynn opens 25x long on ETH, 10x on PEPE

James Wynn, a crypto trader known for his high-leverage crypto bets, has initiated two major leveraged positions, including a 25x long on Ether and a 10x long on PEPE.
According to onchain data, Wynn’s Ether (ETH) position amounts to 3,269 ETH, valued at approximately $12.12 million, with an
ETH0.87%
PEPE1.41%
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GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec

The GENIUS Act contains a little-noticed clause that prevents technology giants and Wall Street behemoths from dominating the stablecoin market, according to Circle Chief Strategy Officer Dante Disparte.
“The GENIUS Act has what I’d like to call — just for my own legacy sake — a Libra clause,” Disp
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Charles Hoskinson says audit report ‘shaping up’ for August release

Cardano founder Charles Hoskinson says he has requested further transparency on the initial audit of his firm Input Output Global’s (IOG) ADA holdings, but anticipates it will be ready for public release within a month.
“I just received the first copy of the audit report. I requested a lot more
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US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse

United States congresswoman Marjorie Taylor Greene said that the GENIUS stablecoin bill creates a “backdoor” for the government to effectively create a central bank digital currency, veiled as privately issued crypto tokens.
The lawmaker said that regulated stablecoins feature “functional
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Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper

Macroeconomic drivers, including the decline of the US dollar (USD), will dampen the effects of the Bitcoin (BTC) halving cycle, which is the source of the market booms and busts that have been a feature of BTC since 2009, according to investor and founding partner of venture capital (VC) firm
BTC0.09%
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