JPMD Deposit Token Goes Live on Ethereum Mainnet
Wall Street's largest bank now mints regulated, dollar-denominated cash directly on Ethereum L1, placing a $4 trillion balance sheet alongside the chain's native collateral and DeFi rails.
Market-moving crypto headlines from the last 24 hours.
Wall Street's largest bank now mints regulated, dollar-denominated cash directly on Ethereum L1, placing a $4 trillion balance sheet alongside the chain's native collateral and DeFi rails.
The move brings JPMorgan’s tokenized-deposit system to Ethereum and gives institutional clients round-the-clock transfer access on a public blockchain.
The model turns protection premiums into FXRP-backed returns, but undisclosed volumes, shared-loss exposure and 30 to 60-day withdrawals make the yield unproven.
With 16 million crypto users already on the books, Gibraltar gives the fintech a fresh regulatory vehicle to take its digital assets business into markets the UK and MiCA licences do not reach.
The failed Essex project exposes the gap between miners’ AI ambitions and the grid capacity, capital and customer revenue needed to turn announced contracts into operating data centers.
With 131.5 million BNB still in circulation, the program must eliminate another 31.5 million tokens before hitting its 100 million supply target, making each quarterly burn a measurable step in a…
Combined two-week withdrawals across the four categories now sit near $1.81B. Ecoinometrics blames 10-year Treasury yields at 2002 highs, where yieldless assets like crypto and gold lose their bid…
The largest U.S. bank is expanding its deposit token beyond its private Kinexys rails, citing Ethereum's liquidity and its existing institutional user base as the draw.
Ethereum funds have now bled for three straight weeks, and BlackRock's IBIT led the Bitcoin exit, a sign the institutional bid is pausing rather than rotating.
The move marks the first time a major US bank's proprietary settlement token will settle transactions on a public blockchain, a threshold moment for institutional DeFi adoption.
Index deletion effective November 30 turns passive MSCI trackers into forced sellers and strips bitcoin treasury vehicles of the benchmark eligibility that powered the trade.
Ranking No. 1 across 24-hour, 7-day, and 30-day revenue means Tron is not a one-day spike, it is the most consistent fee earner in the industry right now.
The view places tokenization closer to market plumbing than a niche product experiment, with collateral and continuous transfers expanding its institutional role.
The upside surprise lands at a moment when global risk assets are leaning on China's stimulus cycle, making every beat against expectations a fresh input for crypto and equities positioning.
Lower oil prices and stronger Chinese demand are broadening the risk-on move beyond crypto, while easing inflation pressure could improve the case for future Fed cuts.
Bank custody, lending, tokenization and potential 6%–8% yields could broaden Bitcoin's institutional role over the next 12–24 months.
The attack targeted wallet seed generation rather than the Qubic protocol, while exchange freezes and a software patch limit further movement.
The initiative targets a growing trust problem across video calls and finance: distinguishing real people from bots, fraud attempts and AI-generated deception.
The expansion would pair regulated custody with stablecoin conversion, tokenized deposits and digital bond services as global banks deepen their digital-asset infrastructure.
The launch turns World ID from a general identity wallet into an enterprise trust layer, while more than 18M Proof of Human holders give the rollout a sizeable user base.