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JPMorgan's Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system called Tokenized Collateral Network (TCN). Blackrock became the first client to use the system.
The world’s largest asset manager used the system to convert shares in one of its money market funds into digital tokens, which it then used as collateral in an over-the-counter derivatives trade with Barclays Plc...
Gold Nudges Up, Heading for Best Week Since March
Gold firmed and was heading for its best week in seven months amid tensions in the Middle East, and supported by expectations that U.S. interest rates may have peaked as markets assess the latest inflation figures.
Spot gold rose 0.4% and US gold futures added 0.3%. US Treasury yields and the dollar reversed course in Asia hours on Friday, having strengthened in the last session and weighed on gold after data showed U.S. consumer prices increased in September.
Mastercard Successfully Wraps Up CBDC Pilot with Reserve Bank of Australia
Mastercard said it has completed a central bank digital currency pilot with the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre.
The project tested how authorized parties, who have gone through know-your-customer protocols, could hold, use and redeem CBDCs. The project tested how a holder could purchase an Ethereum-based NFT by locking the pilot CBDC and minting an equivalent amount of Ethereum-based wrapped coins...
Secret Alameda Recording Reveals Exact Moment Staff Learned About FTX Deposits
A 75-minute secretly recorded audio clip of Caroline Ellison has revealed the exact moment 15 former Alameda Research staff found out the hedge fund was “borrowing” user funds from FTX.
The full-length recording obtained by Cointelegraph provides fresh insights into the palpable tension Ellison and Alameda staff felt in the lead-up to FTX’s collapse.
Bitcoin Spot ETFs Approval Partially Priced In, Coinbase Says
Spot-based ETFs are widely expected to unlock floodgates for mainstream money. Flows, however, are likely to materialise overtime, according to Coinbase.
Approval of the highly-anticipated spot-based bitcoin exchange-traded funds (ETFs) is partially priced in, Coinbase Institutional's David Duong Argues. The expected deluge of money into the spot-based ETFs will likely happen...
MetaMask Expands Crypto On-ramp Options with Stripe Integration
MetaMask announced support for the major payment processor Stripe.
That addition will allow users to deposit fiat and receive cryptocurrency through a new on-ramp. MetaMask said that the Stripe on-ramp feature is available through its mobile app, browser add-on, and multifeatured Portfolio service.
MetaMask stated that the feature is initially available for users in the United States.
INLEO's mission is to build a thriving creator economy that is centered around digital ownership, tokenization and communities.
Some may question if this actually has any value to the world. Do we really need another social media platform? Can a tiny startup and tiny community compete with the big dogs of Web2? Aren't all altcoins just scams? Do we need another token?
Read the answers to these questions and more in the vision statement.
INLEO is a blockchain-based social media platform for Crypto, Finance, and general content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.