Tag: money

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JPMorgan’s JLTXX Tokenized Money Market Fund AUM Grows 250% in a Month on Ethereum

JPMorgan's JLTXX tokenized money market fund has grown its onchain assets under management by roughly 250% over the past month, according to data platform...

Former Goliath CEO Pleads Guilty to Crypto Fraud, Money Laundering

Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to his role in a crypto investment scheme that prosecutors said raised at least $400...

MetaMask Launches Money Account With 4% DeFi Yield

Update, June 30, 6:13 pm UTC: This article has been updated to correct the availability of MetaMask Money Account. Consensys said the Money Account...

MetaMask launches Money Account with stablecoin yield and spending in one wallet

MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to...

Magic Internet Money Falls 50% Below Peg as Abracadabra Declares Emergency

Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt...

Invesco Files for Tokenized Stablecoin-Reserve Money Market Fund Built on Superstate Rails

US asset manager files for a GENIUS Act reserve money market fund whose shares are recorded directly on public blockchains, with Superstate as sub-transfer...

Emergency Action as Magic Internet Money (MIM) Depegs 50%

Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1...

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

"This is not just a POC," Ariyasinghe said. "Everyone's coming in with their eyes wide open. Appetite is very much about building real infrastructure...

New York, Maryland and Utah to Hold Primaries with Crypto PAC Money Hanging over Voters

Political action committees (PACs) backed by cryptocurrency companies and aligned interest groups have bet more than $8 million to support candidates in Tuesday’s primaries...

Here’s how bitcoin and S&P 500 look like when adjusted for the money printer

If you're only looking at the dollar price of your portfolio, you may be missing part of the picture, which is significantly shaped by...

State Street targets stablecoin reserve boom with new money market fund

Wall Street's largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars...

U.S. Charges Two Men For $389 Million Bitcoin And Crypto Money Laundering Scheme Tied To Dark Web

Federal prosecutors in Philadelphia charged two men Wednesday with running an international bitcoin and crypto money laundering operation that processed nearly $400...