Demand For BlackRock’s BUIDL Means Over $1BN In US Treasuries Have Now Been Tokenized On-Chain | ZeroHedge

More than $1 billion worth of United States Treasuries now exist across Ethereum, Polygon, Solana, and other blockchains.

The new milestone was reached shortly after the launch of BlackRock's first tokenized asset fund – BUIDL, which joined 16 other tokenized government securities funds last week.

BlackRock’s product, tickered “BUIDL,” was launched on Ethereum on March 20 and now boasts a market cap of $244.8 million. 

According to Etherscan, four transactions to the fund totaling $95 million over the week added a boost to the fund, making it the second largest tokenized government securities fund. 

CoinTelegraph's Brayden (more…)

Continue ReadingDemand For BlackRock’s BUIDL Means Over $1BN In US Treasuries Have Now Been Tokenized On-Chain | ZeroHedge

“I’m Sorry” – FTX Founder Sam Bankman-Fried Sentenced To 25 Years In Prison | ZeroHedge

Update (1145ET): And there it is – Bankman-Fried sentenced to 25 years in prison – more than Elizabeth Holmes, less than Bernie Madoff, same as Bernie Ebbers.

Also consider…

SBF will also have to forfeit more than $11 billion.

Judge Kaplan did not hold back during his sentencing:

Update (1105ET): Just before the federal judge was about to sentence Bankman-Fried in his fraud case, the former FTX founder said that he was “sorry.”

“All of the company followed me across the earth, across continents, burning the midnight oil working until 2 a.m., 4 a.m., dedicated to FTX,” he (more…)

Continue Reading“I’m Sorry” – FTX Founder Sam Bankman-Fried Sentenced To 25 Years In Prison | ZeroHedge

On The Brink Of A Dramatic Change: The Digitalization Of Money | ZeroHedge

Authored by Efrat Fenigson via Bitcoin Magazine,

The current state of Central Bank Digital Currency Projects globally summarized by Efrat Enigson, independent journalist and host of the "You're The Voice" podcast…

This revolutionary speech about a new financial system, was delivered at the World Government Summit in March 2022 in Dubai, by Philippa "Pippa" Malmgren, a member of the Council on Foreign Relations (CFR) and Chatham House; her (more…)

Continue ReadingOn The Brink Of A Dramatic Change: The Digitalization Of Money | ZeroHedge