・Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance,” but have sacrificed some of their inherent immutability and decentralization.
・The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers across the region.
・The inaugural unsecured bonds offer annual interest of up to 4.3%, while exposing investors to metaplanet’s credit and bitcoin-linked balance-sheet risks
・Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price appreciation, analysts told Cointelegraph.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・DIGY11 aims for annual distributions matching Brazil’s interbank rate plus 3–5 percentage points, net of costs, though investors' actual returns are not guaranteed.
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・The Blockchain Association argues the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100 customers.
・The prediction-market platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure.
・MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational efficiency.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.
・The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.
・Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million second-quarter revenue missed Wall Street estimates.
・The wallet provider warned that thousands of users could potentially be at risk of phishing attempts, while advising that all devices, private keys and backups were safe.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data