The market cap for tokenized stocks reached a record $3.1 billion, nearly doubling since June. BNB Chain dominates this space with over $1 billion in tokenized equities, driven by Binance's bStocks product launched in June. bStocks offers blockchain-based tokens backed 1:1 by real US stocks and ETFs, enabling 24/7 trading and fractional ownership. The sector's rapid growth suggests strong demand for round-the-clock equity trading and innovative financial products on blockchain platforms.
Bitget has transferred 2,042.28 Bitcoin, worth about $169 million, from its 5,500 BTC reserve to its hot wallet after reopening Bitcoin withdrawals. This move is intended to prepare for potential user withdrawals but does not represent confirmed with...
Bitget has resumed cryptocurrency withdrawals under equal conditions for all users, without prioritizing institutions, VIPs, or employees. Bitcoin withdrawals restarted first since its withdrawal channel was unaffected by a recent security attack and...
Bitget addressed a recent security breach by repairing a vulnerability exploited through a third-party product. The exchange isolated affected servers, invalidated stolen credentials, and reorganized permissions to require multi-person approval for k...
The Vanguard Real Estate ETF (VNQ) has fallen almost 10% in the last month due to rising Treasury yields and a recent Federal Reserve interest rate hike. Higher rates have reduced VNQ's income appeal, as its yield now trails the 10-year Treasury yiel...
Bitget has started restoring cryptocurrency withdrawals in phases following a security incident, beginning with Bitcoin withdrawals at 4:11 a.m. ET. Withdrawals for each asset will reopen only after the related blockchain completes repairs and securi...
