Solana ETFs Hit a Weekly High as Altcoin Deposits Surge
In brief Solana ETFs gained $6.7M, reaching $689.8M in total assets under management. SOL price dropped 3.6% to $122.68 while silver surged 23.8% in one...
Tag : Deposits
CertiK links $63M in Tornado Cash deposits to $282M wallet compromise
Roughly $63 million in Tornado Cash deposits has been linked to the $282 million cryptocurrency wallet compromise of Jan. 10. Blockchain security firm CertiK said...
Bank of America CEO: Interest-Bearing Stablecoins Could Take $6T Out of Bank Deposits
Interest-bearing stablecoins could take $6 trillion out of bank deposits according to Bank of America’s CEO, who argued that small-to-medium-sized businesses could be hurt as a...
Bank of America CEO Warns $6T in Deposits Could Flow into Stablecoins
Bank of America CEO Brian Moynihan has warned that stablecoins could pull trillions of dollars out of the US banking system, underscoring growing tensions between...
BNY launches tokenized deposits amid TradFi rush into blockchain and crypto
BNY, a financial services company that traces its roots back to one of the oldest financial institutions in the United States, launched tokenized bank deposits...
BNY Debuts Tokenized Deposits for Institutions and 'Digital Natives'
In brief BNY said that it will begin issuing tokenized deposits. The product relies on the bank’s private and permissioned blockchain. The institution described the...
Lloyds Bank, Archax and Canton Network Complete UK’s First Gilt Purchase Using Tokenised Deposits
Lloyds Banking Group has completed a landmark digital finance transaction executing the first-ever Gilt purchase using tokenised deposits. The transaction, carried out in partnership with...