Baillie Gifford Launches First Fully Native UK-Tokenized Fund on Solana
Baillie Gifford has launched the UK’s first fully native tokenized fund, utilizing Solana’s blockchain technology. This innovative fund is backed by BNY, which manages £197 billion in assets. The move signifies a growing trend where traditional finance is embracing blockchain solutions, potentially leading to wider adoption in the financial sector. Source The Story So Far […]
IDF demolishes Hezbollah command center in Lebanon after cease-fire breach

The IDF’s actions heighten tensions, reducing chances for lasting peace and complicating diplomatic efforts in the Israel-Hezbollah conflict. The post IDF demolishes Hezbollah command center in Lebanon after cease-fire breach appeared first on Crypto Briefing.
Situational Awareness hedge fund assets drop to $10B after liquidations

The fund’s liquidation highlights the risks of high leverage in volatile markets, potentially impacting AI and crypto sectors’ stability. The post Situational Awareness hedge fund assets drop to $10B after liquidations appeared first on Crypto Briefing.
South Korea Arrests Suspects in Fake FXRP Scam That Stole $8.6M in XRP
South Korean authorities have uncovered a cryptocurrency fraud case that exploited interest in a newly launched blockchain token. The operation targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars in digital assets. Authorities launched their investigation after an overseas cryptocurrency exchange flagged suspicious transactions. Within three days of receiving […]
Microsoft, Micron, Nvidia each gain over $100B in market cap amid tech demand

The surge in market cap for these tech giants underscores the pivotal role of AI and cloud growth in shaping future market dynamics. The post Microsoft, Micron, Nvidia each gain over $100B in market cap amid tech demand appeared first on Crypto Briefing.
BitMEX Closure Signals Shift in Crypto Exchange Landscape
The recent closure of BitMEX, along with Bit·com and BitMart, marks a pivotal moment in the cryptocurrency exchange landscape. As reported by @KaikoData, this trend suggests that smaller platforms are facing significant pressure due to declining trading volumes. The implication for traders and investors is clear: the market is consolidating around larger exchanges that offer […]
Apple stock falls despite record revenue in Tim Cook’s final earnings as CEO

Apple shares fell after Tim Cook delivered his final earnings report as CEO despite record June quarter revenue of $109.4 billion and earnings of $2.02 per share. The post Apple stock falls despite record revenue in Tim Cook’s final earnings as CEO appeared first on Crypto Briefing.
DUNA Offers Legal Entity for Decentralized Control, Says a16z Crypto
DUNA has unveiled a pioneering legal framework designed for decentralized projects, as highlighted by the influential commentator @a16zcrypto. This framework allows crypto ventures to establish U.S.-recognized legal entities without sacrificing their decentralized nature. Such a move could redefine project structuring in the crypto space, providing clarity and security for developers and investors alike. What Went […]
Why 37 million Celsius bankruptcy shares are blocked from an immediate cash-out despite Nasdaq debut

On July 28, Ionic Digital, which acquired Celsius Mining assets after Celsius Network’s bankruptcy, began trading on Nasdaq under the ticker IOND. The direct listing created a public market for existing Class A shares, including shares issued in connection with the Celsius bankruptcy plan, but it did not automatically let every holder of creditor-linked stock […]
Apple growth slows as AI strains tech supply chains: FT

AI-driven supply chain constraints may reshape tech market dynamics, impacting growth trajectories and competitive standings among major firms. The post Apple growth slows as AI strains tech supply chains: FT appeared first on Crypto Briefing.