Ondo Finance founder Nathan Allman passes away

-
Tokenized real-world assets firm Ondo Finance announced the unexpected death of founder Nathan Allman on Tuesday, with longtime president Ian De Bode stepping in as CEO.

source https://www.coindesk.com/markets/2026/05/26/ondo-finance-founder-nathan-allman-passes-away

Comentários

Postar um comentário

Postagens mais visitadas deste blog

Bitcoin Reverses Powell Spike With a Flash Crash as Options Market Signals Jitters Ahead

-
Imagem
Bitcoin (BTC) fell below $111,000 during the overnight trade, reversing Friday's spike caused by Fed Chair Powell's dovish speech, as a whale sold into illiquid market conditions. The cryptocurrency's price fell by over 2% from $114,666 to $112,546 in under ten minutes to 07:40 UTC. The so-called flash crash occurred when a single whale sold 24,000 BTC, worth over $300 million, according to blockchain data firm Timechainindex.com. "This entity liquidated their entire 24,000 balance, sending all of it to Hyperunite. They transferred 12,000 just today and are still actively selling, which is likely contributing to the ongoing price drop," the firm's researcher Sani said on X , adding that the whale still holds a total of 152,874 BTC across all associated addresses, including 5,266 BTC. "The funds originally came from HTX about six years ago and had remained inactive until recent transactions involving one of their addresses containing approximately 24,00...
Leia mais

Bitcoin, Stocks Hit By $400B Liquidity Drain From U.S. Treasury Account, Not Jackson Hole: Analysts

-
Move over Jackson Hole and inflation fears. The real driver behind the recent swoon in crypto and stock markets is likely the impending liquidity drain stemming from the U.S. government’s Treasury General Account (TGA), a checking account held at the Federal Reserve that is poised for a significant buildup. Bitcoin (BTC) has declined by over 8% to $113,500 since hitting record highs above $124,000 last Thursday, according to CoinDesk data. Prices for other major tokens such as ether (ETH), XRP (XRP), and solana's SOL (SOL) have also corrected, dragging the broader market lower. The CoinDesk 80 Index has dropped 13% since last Thursday. The bullish momentum has also weakened on Wall Street, where the tech-heavy Nasdaq index fell by nearly 1.40% to $23,384 on Tuesday, having hit a record high of $23,969 a week ago. Most market commentary has attributed the losses on Wall Street and in crypto markets to investor de-risking ahead of Federal Reserve (Fed) Chair Jerome Powell’s sched...
Leia mais

Bitfinex Securities Is Taking a Different Approach to RWAs, Launches Two New Products in the U.K.

-
These days, the mention of blockchain-based real world assets (RWAs) conjures up traditional finance institutions, like BlackRock, presiding over billions of dollars in tokenized money market funds. But the original promise of crypto was about opening up finance opportunities to anyone. That’s the ethos Bitfinex Securities is sticking to with its latest tokenized equity issuances: two alternative finance products in the UK, one focused on community banking debt, the other on litigation relating to mis-sold car finance claims. Announced on Wednesday, Bitfinex Securities’ “ TITAN1 ” product will allocate 5 million british pounds ($6.8 million) into subordinate debt issued by Castle Community Bank, a firm supporting loans to financially excluded customers in Edinburgh, Scotland. This alternative debt product will provide investors with a 20% dividend per annum (net of fees), which will be paid quarterly for up to 10 years, with non-callable provisions for the first 5 years, according t...
Leia mais