Day: November 1, 2025

Tokenized Bank Deposits Are Inferior to Stablecoins: Professor

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Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at Columbia Business School. Overcollateralized stablecoin issuers, who must maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, are safer from a liability perspective than the fractional reserve banks that would issue tokenized bank deposits, Malekan said.  Stablecoins are also composable, meaning they can be transferred across the crypto ecosystem and used in…

ECB Head Pushes CBDC, Calls it a Unifying Force in Europe

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European Central Bank (ECB) president Christine Lagarde released a statement on Friday touting the digital euro, a central bank digital currency (CBDC), as a unifying force in the European Union (EU) and said the ECB is aiming to launch it “as early as possible.” “As much as banknotes will continue to circulate, we want cash to be in the form of a digital euro as well,” Lagarde said, adding that the central bank digital currency could be used for online payments in the EU. She continued: “This is a big…

XRP Ledger Sees 8.9% Rise in Daily Transactions, NFT Activity Surges in Q3

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XRP Ledger saw higher user activity in Q3 as it added 447,200 new addresses and reached nearly 6.9 million total. The XRP Ledger (XRPL) recorded a steady rise in network metrics during the third quarter of 2025, according to a new report by Messari. The data shows that network usage and activity strengthened across several indicators, amid growing engagement from users and developers. Transactions, Wallets, and NFTs on XRP Ledger Average daily transactions on the XRPL increased 8.9% quarter-over-quarter, rising from 1.6 million in Q2 to 1.8 million in…

MEV Killing Institutional DeFi Adoption, Hurting Retail Users: Crypto Exec

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Maximal extractable value (MEV), the process of miners or validators reordering transactions in a block to extract profits, is preventing financial institutions from adopting decentralized finance (DeFi), which hurts retail users, according to Aditya Palepu, CEO of DEX Labs, the lead contributor to decentralized crypto derivatives exchange DerivaDEX. All electronically-traded markets suffer from maximal extractable value or similar issues inherent in the information asymmetry in ordering trading transaction data, Palepu told Cointelegraph.  The solution is to prevent order flow data from being visible before execution through processing transactions in trusted…

MEV Killing Institutional DeFi Adoption, Hurting Retail Users: Crypto Exec

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Maximal extractable value (MEV), the process of miners or validators reordering transactions in a block to extract profits, is preventing financial institutions from adopting decentralized finance (DeFi), which hurts retail users, according to Aditya Palepu, CEO of DEX Labs, the lead contributor to decentralized crypto derivatives exchange DerivaDEX. All electronically-traded markets suffer from maximal extractable value or similar issues inherent in the information asymmetry in ordering trading transaction data, Palepu told Cointelegraph.  The solution is to prevent order flow data from being visible before execution through processing transactions in trusted…

Strategy Reports $2.8B Q3 Profit, Bitcoin Holdings Up $12.9B YTD

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Strategy posted $2.8 billion Q3 net income and $8.42 EPS, fueled by massive gains in its Bitcoin holdings. Strategy has reported a net income of $2.8 billion and diluted earnings per share of $8.42 in the third quarter of 2025. The company also recorded an operating income of $3.9 billion, with most of its growth attributed to the performance of its Bitcoin holdings. Strategy’s Q3 Performance In a press release announcing the Q3 results, Strategy said that as of October 26, 2025, it held 640,808 BTC bought for $47.44…

ZK token jumps 50% after Vitalik Buterin backs ZKsync post

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Key Takeaways ZKSync’s ZK token rallied over 50% after Vitalik Buterin supported a message underscoring Ethereum’s incorruptibility. ZKsync recently launched the Atlas upgrade to boost speed, interoperability, and institutional-grade scalability for payments and tokenized assets. Share this article ZKsync’s ZK token surged over 50% on Saturday, climbing from nearly $0.03 to $0.045 after Ethereum co-founder Vitalik Buterin endorsed a ZKsync post describing Ethereum as “incorruptible.” Incorruptibility is Ethereum’s most important property. https://t.co/NHArP3mdut — vitalik.eth (@VitalikButerin) November 1, 2025 ZKsync recently introduced the Atlas upgrade to its ZK Stack, designed to…

Are Altcoins Rekt Forever? Only 29% of Top Projects Have Outperformed BTC This Year

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Investors now see BTC as the benchmark trade, rotating their capital to alts for just a few weeks before returning to the leading coin. Since the end of 2024, market experts have predicted the coming of a massive altcoin season. 2025 is almost at its end, but their predictions are yet to come true. In fact, it appears there won’t be any altseason at all as most altcoins have performed poorly in this bull cycle. According to a tweet from crypto investor and trader Daan, only 29% of the…

Malaysia’s central bank launches asset tokenization initiative

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Key Takeaways Bank Negara Malaysia launched the Digital Asset Innovation Hub as part of its three-year initiative to explore asset tokenization in finance. An industry working group will gather industry feedback on potential tokenization use cases. Share this article Through a new Digital Asset Innovation Hub and industry working group, Bank Negara Malaysia has started a three-year program to evaluate how real-world asset tokenization can be applied to sectors like supply-chain and Islamic finance. Bank Negara Malaysia has published a report inviting industry feedback on asset tokenization to guide future…

$BALZ Brings the Meme Migration Home

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[PRESS RELEASE – Singapore, Singapore, October 31st, 2025] The Binance Smart Chain (BNB) network has seen renewed activity, and BALZ has emerged as one of its notable community movements, with over 40,000 active members before launch on X (@_BALZ_). Observers regard it as one of the more anticipated community-driven launches of the year, comparable to projects such as Aster and Four.meme. Raising over $2 million within days of opening, BALZ has positioned itself as a significant project developing on BNB, despite its informal branding and memetic culture. With more than…