Tokenized US government debt used as collateral in leveraged trading exposes crypto markets to further geopolitical and liquidity risks. The growing use of yield-bearing tokenized US Treasury products as collateral for leveraged crypto trading creates new pathways for risk transmission across markets, increasing the likelihood of cascading effects on decentralized finance (DeFi) protocols. Tokenization is the process of converting real-world assets into digital tokens on a blockchain. In the case of US Treasurys, these tokens represent onchain claims to government debt, offering an alternative comparable to money market fund shares. The current market capitalization of tokenized US Treasurys stands at nearly $7.4 billion. According to a June report from rating service Moody’s, although short-term liquidity funds are low-risk assets, they are not riskless: Read more
More than 220 companies now hold Bitcoin on their balance sheets. But as VanEck warns of capital erosion and GBTC’s crash proves, not all bets pay off. In recent years, an increasing number of companies has embraced Bitcoin as part of their corporate treasury strategy. This trend, initially seen as experimental, gained momentum when Strategy, a US-based software company, started converting its cash reserves into Bitcoin (BTC) back in 2020. Strategy’s move sparked widespread interest among other businesses seeking a hedge against fiat currency debasement and the potential for Bitcoin’s price appreciation. Read more
Blockchain’s next leap is about intelligence. Predictive infrastructure anticipates demand, erases latency and enables new levels of trust and scalability. Blockchain can become proactive and invisible. Opinion by: Constantine Zaitcev, CEO of dRPC. The future of blockchain won’t be won by whoever offers the highest transactions per second. It will be won by whoever makes it feel invisible — by turning infrastructure into something so seamless and intuitive that users never have to think about it. Predictive intelligence is what makes that possible. It’s how we move from reaction to intention; from infrastructure that merely keeps up to systems that lead the way. Read more
MapleStory Universe battles with cheaters, Tokyo Beast explodes on the Japan App Store, and FIFA Rivals review: Web3 Gamer The hacker problem in MapleStory Universe is getting worse, with execs issuing apologies to players for how its been handled so far. MapleStory Universe head of strategy Keith Kim said theres been an aggressive spike in attempts to exploit the game, mostly involving exploiting character skills and network tampering. These are not isolated incidents. They compromise the experience for everyone. Read more
Chinese blockchain company Nano Labs announced a $500 million convertible notes deal to fund a major BNB acquisition, aiming to hold up to 10% of its circulating supply. Chinese blockchain infrastructure firm Nano Labs has announced a convertible notes purchase agreement for $500 million to fund its BNB token treasury. In a Tuesday announcement, the company said it plans to acquire up to $1 billion worth of Binance’s BNB (BNB) token through a combination of convertible promissory notes and private placements. As part of the initiative, Nano Labs will also assess BNB’s security and value. “Over the long term, Nano Labs aims to hold 5% to 10% of BNB’s total circulating supply,“ the company said in the statement. Read more