Morgan Stanley Says It Is Among First Banks to Tokenize Real-World Assets

·1 views

Morgan Stanley has stated that it is one of the earliest banks to tokenize real-world assets. The announcement came shortly after the Depository Trust & Clearing Corporation launched its Tokenization Service (DTS) on October 28. The source article offers few additional details beyond this timing link to the DTS launch. Further specifics about the bank's assets or plans are not provided in the available text.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Blockchain sleuth ZachXBT links French bank Crédit Mutuel Arkéa to $133M crypto theft

Blockchain investigator ZachXBT has named the French bank Crédit Mutuel Arkéa as a suspected victim of a crypto theft that may total over $133 million. The alleged losses were tied to accounts held at a crypto exchange. Crypto.com has confirmed that it has frozen funds connected to the theft. The report comes from ZachXBT's public analysis and remains a suspicion rather than a confirmed loss figure.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Musk Floats Space Data Centers as Election Result Stirs Concern Over AI Trade

Elon Musk has proposed placing data centers in space, drawing attention to the emerging space economy. The idea comes as a Texas election result has raised fears among investors of possible restrictions on data centers. Musk and Chamath Palihapitiya were highlighted in the discussion of the space economy. The source material is brief, so the specifics of the proposal and the election outcome are not fully detailed. The developments add pressure to the AI trade, which depends heavily on data center infrastructure.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Zcash grants committee drops plan to redirect 98,000 ZEC to mining rewards

The Zcash grants committee has withdrawn its proposal to send 98,000 ZEC toward future mining rewards. The decision followed strong pushback from the community. Competing proposals remain under consideration, including one that would cut off the committee's funding and another that would keep the existing grants system in place. The source article provides few further details on the timeline or the specifics of the competing plans.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin nears $78,000 in V-shaped rebound as U.S. midterm uncertainty eases

Bitcoin is climbing sharply and approaching the $78,000 level in what analysts describe as a V-shaped recovery. The rally is being attributed to fading uncertainty surrounding the U.S. midterm elections. Investors appear to be returning to the cryptocurrency as political risk concerns recede. The source article provides limited detail beyond this price movement and its stated cause.

0 comments Read more at CoinDesk