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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Real-world asset TVL rises to $7.3 billion as government securities dominate
Real-world asset TVL rises to $7.3 billion as government securities dominate

Quick Take Government securities now account for about two-thirds of the RWA market. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2025/01/21 16:00
Nasdaq’s official X account was seemingly hacked to promote a fake memecoin
Nasdaq’s official X account was seemingly hacked to promote a fake memecoin

Quick Take The hacker appeared to link a fake X account as a Nasdaq affiliate and used the official Nasdaq account to share its post promoting a newly created memecoin. Within a few hours, the memecoin’s market capitalization skyrocketed to $80 million, only to crash soon after.

The Block·2025/01/21 16:00
Flash
  • 14:08
    Ripple confirms plans to apply for MiCA license to expand into the EU market
    According to Jinse Finance, payment solutions provider Ripple has confirmed plans to apply for a Markets in Crypto-Assets (MiCA) license in order to expand into the European Union market. A Ripple spokesperson stated that the company aims to "achieve MiCA compliance" as it recognizes "significant opportunities in the European market." This announcement comes as Ripple completed the registration of Ripple Payments Europe S.A. in Luxembourg at the end of April this year.
  • 14:03
    Canadian-listed FRNT Financial plans to raise CAD 2 million to launch a spot Bitcoin reserve
    Odaily Planet Daily – According to an official announcement, Canadian listed company FRNT Financial Inc is conducting a private placement of 2 million Canadian dollars at a price of 0.4 Canadian dollars per share to launch a spot Bitcoin reserve program.
  • 13:55
    Analyst: Fed Rate Cut in September Depends on Upcoming Reports Not Disappointing
    Odaily Planet Daily reported that Chris Zaccarelli, Chief Investment Officer at North Light Asset Management, stated that traders have been closely watching today’s Consumer Price Index report, and the Federal Reserve may be paying even closer attention—as internal debates over whether to cut rates immediately are still ongoing. Fortunately, this morning’s report was largely in line with expectations, with core data (excluding food and energy) showing that inflation remains under control (for example, the monthly increase was below expectations, and the annual increase matched the consensus forecast of 2.9%). If inflation does remain under control, the Fed could begin cutting rates—as early as September; but if subsequent reports show a different trend, the Fed will have to maintain its current policy for a longer period.
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