Injective Launches Index Tracking BlackRock’s BUIDL Fund
Injective launched a first-of-its-kind tokenized index, offering access to BlackRock’s BUIDL Fund, which provides institutional exposure to U.S. Treasury and other assets on the blockchain. This index is the first perpetual market of its kind, according to a statement from Injective. It will enable consumers to access the BUIDL Fund in a manner that was […]
Trump Family Accounts Hack Promotes Fake Token for DeFi Project
Hackers targeted the social media accounts of Trump family members on Sept. 2, using them to promote a fake cryptocurrency linked to their upcoming DeFi project, World Liberty Financial (WLF). The Trump family members are the most recent high-profile victims of the crypto landscape, which is already susceptible to fraudulent schemes. The social media accounts […]
Starlink to Block Access to X in Brazil
Starlink announced it would comply with a Brazilian court order to block access to social media platform X, despite calling the suspension “illegal” and criticizing Supreme Court Justice Alexandre de Moraes. Starlink, the satellite corporation under the control of Elon Musk, the CEO of SpaceX and the owner of X, has announced that it is […]
Coinbase CLO Encouraged by Harris Campaign Outreach
Coinbase CLO Paul Grewal expressed optimism about the Democratic ticket’s approach to the crypto industry in the 2024 U.S. presidential election. Paul Grewal, the chief legal officer of cryptocurrency exchange Coinbase, expressed his optimism regarding the Democratic ticket, despite the disparate strategies that the major party candidates are employing in the 2024 presidential election of […]
US Fed Eyes 0.5% Rate Cut, Crypto Rally Ahead?
The US Fed is likely to announce a 50 bps rate cut following job data showing 125,000 jobs added and a 4.3% unemployment rate, which may prompt a softer policy stance in September. Following the critical US job data this week, the US Federal Reserve is anticipated to announce a 50 basis point rate reduction […]