DeFi can freeze stolen funds, but not everyone agrees it should
Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back. A recent intervention on Arbitrum saw...
Tag : Funds
UK regulator clears path for tokenized funds within existing rules
The United Kingdom’s financial regulator has signed off on new rules and guidance for tokenized funds, aiming to make it easier for asset managers to...
A Zero-Day Hack Triggered a 13-Block Reorg on Litecoin: Are User Funds Actually Safe?
Litecoin (LTC) took a hit on April 25, and not a small one. What exactly triggered the chaos, and whether the hack damage is truly...
JPMorgan says tokenization will reshape funds industry
JPMorgan says tokenization could change how the funds industry operates, including the exchange-traded fund market. Summary JPMorgan said tokenization could reshape ETFs and the wider...
Blockchain Capital Seeks $700M for Two New Crypto Funds
In brief Blockchain Capital is raising $700 million across two new funds, according to Bloomberg sources. The venture capital firm is pursuing its seventh early-stage...
Grandson of Mob Boss John Gotti Sentenced for Funneling Stolen COVID Funds Into Crypto
In brief Carmine G. Agnello has been sentenced to 15 months in federal prison and ordered to repay $1.27M after defrauding the SBA’s COVID-19 EIDL...
Umbra shuts front end after hackers move stolen funds through protocol
Privacy-focused crypto protocol Umbra has taken its front-end website offline after hackers used the platform to move funds tied to recent major exploits. Summary Umbra...
Tokenization firm KAIO raises $8m from Tether to scale on-chain funds
KAIO raises $8m from Tether to bring BlackRock‑style funds onchain with $100 tickets. Summary Tether leads $8m strategic round into Abu Dhabi-based tokenization platform KAIO...
Crypto Funds Add $1.4B as Bitcoin Clears Two-Month Range
In brief Bitcoin funds led with $1.12 billion in weekly inflows as BTC cleared two-month highs, hitting $77,900 last week amid an improving geopolitical outlook....