The odds of a Fort Knox gold audit before May surged above 70% on Polymarket as US President Donald Trump confirmed a plan to check its gold reserves. Source link
Day: February 20, 2025
Deutsche Bank-backed Taurus, Aztec unveil private token standard for financial institutions
Key Takeaways Taurus and Aztec unveiled an open-source confidential token standard for the tokenization of debt and equity. The private CMTAT security token standard uses zero-knowledge proofs to preserve customer privacy on blockchains. Share this article Taurus SA, a digital asset infrastructure backed by major financial entities like Deutsche Bank, Credit Suisse, and StateStreet, has partnered with the Aztec Foundation to create a new open-source confidential token standard for debt and equity, a move aimed at bridging the gap between traditional finance and blockchain technology. The collaboration is aimed at…
Kaito AI airdrop sparks tokenomics, early selling concerns
Kaito AI allocates 20% of its token supply for airdrops and incentives, sparking excitement and concerns over insider allocation and potential sell-offs. Source link
Crypto firms rally behind Ted Cruz to block DeFi broker rule
The Blockchain Association, representing 76 crypto firms, urges Congress to repeal the IRS DeFi broker rule, arguing it threatens US crypto innovation and unfairly burdens blockchain firms. Source link
Pig butchering scams stole $5.5B from crypto investors in 2024 — Cyvers
Pig butchering scams are the biggest threat for retail crypto investors and crypto platforms in 2025, according to Cyvers. Source link
FBI, SEC among top agencies requesting data from Kraken in 2024
San Francisco-based Kraken exchange provided information for 57% of the total 6,826 data requests from global regulators and enforcement agencies last year. Source link
Bitcoin L2 ‘honeymoon phase’ is over, most projects will fail — Muneeb Ali
Stacks’ Muneeb Ali warned that most Bitcoin L2 projects will fade away within three years even as Bitcoin gains dominance over Ethereum and Solana. Source link
Tether-backed fintech Mansa raises $10M to expand stablecoin-based payments
The annualized transaction value of stablecoins surpassed $15.6 trillion in 2024, or 119% of those by Visa and 200% of Mastercard. Source link
UAE saw 41% increase in crypto app downloads in 2024 — AppsFlyer
Crypto app downloads in the UAE reached 15 million in 2024, with a record 2.8 million installs in December, driven by market trends and adoption. Source link
Crypto voters could tip upcoming Australian federal election: YouGov poll
A recent YouGov poll suggests around 2 million Australians could form a pro-crypto voting bloc at the next federal election slated for May. Source link