🪢 Standard Chartered #HongKong, in partnership with Mox, #Mastercard, and Libeara, successfully completed a tokenization test overseen by the Hong Kong Monetary Authority.

👉 The test explored using #tokenized deposits for settling tokenized assets, marking a milestone for Mastercard's Multi-Token Network and enabling real-time settlements and carbon credit storage for customers.

@tokenize 🪙 | @cryptonerds 🪙

👉 President Joe #Biden has ordered the divestment of a Chinese-backed #crypto mining company, MineOne Partners Ltd, from land near the Francis E. Warren Air Force Base in Wyoming, citing national security risks.

@tokenize 🪙 | @cryptonerds 🪙

JUST IN: GameStop $GME and AMC Entertainment $AMC short sellers have lost over $5 billion in the last 2 days.

@tokenize 🤑 | @cryptonerds 🤑

🤑 #Ripple CEO Brad Garlinghouse clarified that his comments on the U.S. government's scrutiny of Tether were not an attack but a statement on the need for regulatory oversight of stablecoins.

🪢 Meanwhile, XRP saw a 194% spike in trading volume amid key legal proceedings with the #SEC.

🪢 Additionally, South Korea's Infinite Block became an #XRP Ledger validator, promising to enhance the XRPL ecosystem's reliability and regulatory compliance.

@tokenize 🪙 | @cryptonerds 🪙

👉Blackrock’s Japan

👉 #Metaplanet, a Japanese firm, has adopted #Bitcoin as a reserve asset, investing one billion JPY into BTC as part of its treasury management amid Japan’s economic challenges.

@tokenize 🪙 | @cryptonerds 🪙

👉 BTC Spot ETF

📣📣📣📣📣

👉#Bitcoin spot #ETFs saw a significant net inflow of $100.5 million, with ARKB leading the surge at $133 million, followed by Fidelity's FBTC.

👉In contrast, Grayscale's GBTC experienced a net outflow of $50.93 million.

@tokenize 🪙 | @cryptonerds 🪙

💰#Mastercard has selected five startups—Kulipa, Parfin, Peak, Triangle, and Venly—for its blockchain development program.

👉 Kulipa (France) issues encrypted cards for digital wallets, Parfin (UK) creates software for financial institutions' blockchain adoption, Peak (Singapore) offers digital infrastructure for global applications, Triangle (US), and Venly (Belgium) focuses on easing blockchain integration for developers and businesses, fostering industry advancement and digital transformation.

@tokenize 🪙 | @cryptonerds 🪙

🪢 Anton and James Perell-Bueno, two brothers and university students in the US, were arrested for allegedly exploiting the #Ethereum blockchain to steal $25 million in cryptocurrency.

🪢 They are charged with manipulating Ethereum's #transaction protocols to commit this first-of-its-kind theft, facing charges of telecommunications fraud and money laundering, with each count carrying up to 20 years in prison.

@tokenize 🪙 | @cryptonerds 🪙

Meme of the day 😂

@tokenize 🤑 | @cryptonerds 🤑

JUST IN: $66,000 Bitcoin

@tokenize 🤑 | @cryptonerds 🤑

👉Digital assets

👉 Congressman Wiley Nickel urges #SEC Chairman Gary Gensler to withdraw SAB 121, citing its stringent guidelines on digital asset accounting.

👉 Nickel argues that the digital assets industry views the SEC’s policies as hostile and that they could harm broader #economic interests.

@tokenize 🪙 | @cryptonerds 🪙

👉Giants ETF Disclosure

👉 Major investment firms, including Millennium Management and Elliott Capital, have disclosed significant investments in spot bitcoin #ETFs.

👉Millennium, led by Izzy Englander, holds approximately $2 billion in various ETFs, with the largest in BlackRock's iShares #Bitcoin Trust.

👉 Elliott Capital revealed a $12 million stake in the same fund. Apollo Management also reported a substantial investment.

@tokenize 🪙 | @cryptonerds 🪙

👉Digital Yuan

👉 #HongKong is advancing the digital yuan trials, marking the first cross-border testing outside mainland #China.

👉 The HKMA will soon detail the city-wide rollout, enabling residents to open digital #yuan wallets and make cross-border payments more conveniently.

@tokenize 🪙| @cryptonerds 🪙

🦵🦵🦵🦵
🇺🇸 Senator Cynthia Lummis calls for Senate approval on bill allowing highly regulated financial firms to hold Bitcoin and crypto.

@tokenize 🤑 | @cryptonerds 🤑

📣📣📣📣📣

👉 JPMorgan's report indicates that the cost of mining Bitcoin has dropped to around $45,000 due to inefficient #miners leaving the network.

🪢This change follows the #Bitcoin halving event and the introduction of the Runes protocol, which initially kept mining revenues stable by increasing #transaction fees.

👉However, as the effects of #Runes waned and Bitcoin prices fell, less profitable miners were forced out, reducing both the #hashrate and the cost of #mining.

@tokenize 🪙 | @cryptonerds 🪙