UBS Bank Launches Tokenized Money Market Fund on Ethereum
Leading Swiss bank UBS has launched a tokenized money market fund on the Ethereum network as a part of a wider Variable Capital Company (VCC) umbrella that brings various real-world assets to the blockchain UBS Asset Management announced in a press release that the fund is part of a larger VCC umbrella that aims to […]
Argentina’s Capital City Launches Blockchain Digital ID
Starting in October, the residents of Argentina’s Capital city, Buenos Aires, can access their identity documents through a digital wallet with QuarkID and zkSync. In addition, they have digital access to proof of income and academic verification. Soon, the city also intends to integrate health data and payment administration. Significantly, the broader roadmap seeks to […]
Prosecution Calls for Denial of SBF’s Plea for Temporary Release
The United States government sent a letter to Judge Lewis Kaplan on September 27 expressing its opposition to Sam Bankman-Fried’s (SBF) and his counsel’s request for temporary release from prison before his October 3 trial. In its filing, the government requested that Kaplan deny SBF’s September 25 request. The government stated that the defendant’s claim […]
Curve Finance Founder Settles Aave Loan, Cutting Debt to $42.7M
Curve Finance founder Michael Egorov recently settled his loans on the lending platform Aave, reducing his debt to $42.7 million across other DeFi protocols. According to the on-chain analytics platform Lookonchain, the proprietor of Curve deposited 68 million CRV tokens, worth $35.5 million, to the lending protocol Silo and borrowed 10.77 million in crvUSD stablecoin […]
Chase Bank UK to Restrict Cryptocurrency Transactions
JPMorgan’s subsidiary, Chase Bank, will restrict all transactions involving cryptocurrencies for its clients in the United Kingdom starting Oct. 16. Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions using their debit cards or outgoing bank transfers beginning on October 16, a spokesperson told Cointelegraph on September 26. […]