Ondo Finance’s tokenized US Treasury to join XRP Ledger
Upon launch, Ondo’s OUSG tokens will be redeemable using Ripple’s RLUSD stablecoin.
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Catch Me If You Can: Fighting Fraud With Blockchain
Fraud impacts organizations of all types and sizes across a wide range of industries and geographies. Consequences can be direct, through financial losses, or indirect, through fines and reputational fallout. In 2018, firms worldwide lost more than $7 billion to internal fraud schemes, according to a “2018 Report to Nations,” by the Association of Certified…

Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. 101 Total views 1 Total shares Public attitude towards cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the initial findings of a new survey.The survey

Australia’s Oldest Crypto Exchange Joins Growing Roster of Kraken Acquisitions
U.S.-based crypto exchange Kraken has acquired Australia’s oldest crypto exchange. In a recent development, Kraken announced its acquisition of Bit Trade, an Australia-based crypto exchange formed in 2013, in a Jan. 14 press release on Kraken’s blog. The Bit Trades website will, for the time being, still operate as it does presently, a representative from Kraken clarified…

Every spectactor in a section of FTX Arena handed $500 in crypto at season opener
The international crypto exchange also gave every spectator a T-shirt linked to an exclusive Opening Night FTX Arena NFT. 1657 Total views 10 Total shares Major cryptocurrency exchange FTX has given $500 in crypto to every spectator sitting in one section of the FTX Arena at Thursday’s Miami Heat season opener game against the Milwaukee…

Grayscale files to convert multi-crypto fund into ETF
Grayscale asked the SEC for permission to convert its $524 million fund tracking multiple cryptocurrencies — including Bitcoin, Ether and Solana — into an ETF.

Bullish on Ethereum’s London hard fork? Here’s an options strategy pro traders use
The Ethereum network will undergo a major upgrade on Aug. 4, as the long-awaited London hard fork is expected to launch at block 12,965,000. The transition is part of a roadmap leading to the Ethereum 2.0 release, which aims to migrate the network to a proof-of-stake consensus mechanism.By no longer depending on the intense energy-consumption…

Akon to build second African crypto-city in Uganda
Uganda’s government has reportedly allocated land for Akon’s crypto-city development project in the country. 3013 Total views 26 Total shares Senegalese-American rapper and businessperson Akon is set to begin building another crypto city — this time in the East African nation of Uganda.According to a report by Uganda’s flagship television network NBS, the country’s government…

Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout
Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago. The report did not alter expectations of a 25 basis point…