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Crypto News Source: coindesk.com
Crypto Exchange Mercado Bitcoin to Tokenize $200M in Real-World Assets on XRP Ledger
Latin American cryptocurrency exchange Mercado Bitcoin plans to tokenize over $200 million in real world financial assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL).The move marks one of the largest tokenization efforts by a Latin American institution on XRPL, according to a press release.The tokenization of real-world assets is projected to surge from approximately $0.6 trillion in 2025 to nearly $19 trillion by 2033, according to a 2025 report by Ripple and Boston Consulting Group.Mercado Bitcoin is already a significant player in the private credit asset tokenization space, having tokenized over brazilian real $1 billion (approximately $185 million). The company also connects its ecosystem to a network widely adopted by over 70 central banks, regulators,...
U.S. Secret Service Quietly Becomes a Leading Crypto Cop as Digital Fraud Soars: Bloomberg
The U.S. Secret Service, better known for protecting American presidents, has emerged as a major force in the fight against cryptocurrency crime, Bloomberg reported on Saturday.Through its Global Investigative Operations Center (GIOC), the agency has seized nearly $400 million in digital assets over the past decade. Much of that sits in a single cold wallet that is now among the most valuable globally.With digital fraud driving a majority of internet crime in the U.S., losses tied to crypto scams reached $9.3 billion in 2024, FBI data show. Investment frauds, fake platforms and extortion schemes disproportionately affect older victims, who lost nearly $2.8 billion last year. The GIOC uses open-source tools, subpoenas and blockchain analysis to trace stolen funds.Led by attorney...
The Blockchain Group Bolsters Bitcoin Reserves With $12.5M BTC Acquisition
The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for approximately 10.7 million euro ($12.51 million), increasing its total bitcoin (BTC) holdings to 1,904 BTC.This strategic expansion results from a series of capital operations, including an “ATM-type” capital increase and a convertible bond issuance, both completed in early July 2025. The company achieved a remarkable BTC Yield of roughly 1,348% year-to-date, reflecting significant gains in its treasury strategy. Investors, such as TOBAM and Adam Back contributed to recent rounds, enabling purchases of 11 BTC for about 1 million euro ($1.17 million) and 105 BTC for close to 9.8 million euro ($11.47 million) combined. With an average acquisition price of nearly 90,332 euro ($105,688) per bitcoin, the total value...
Hyperliquid Trader Qwatio Loses $3.7M This Week on Extreme Bitcoin, Ether Shorts
One ultra-leveraged Hyperliquid trader has been liquidated five times over the weekend and has lost nearly $3.7 million in the past week with aggressive bitcoin (BTC) and ether (ETH) shorts, according to on-chain data.Qwatio, a heavily leveraged Hyperliquid trader in the style of James Wynn, has been opening short positions on BTC and ETH when the tokens are at sessional lows.This move is a flip from his strategy earlier this year when he traded BTC and ETH via aggressive longs.Qwatio first got on the radar of Crypto Twitter when they opened a 50x leveraged BTC and ETH bets worth $200 million in the hours before U.S. President Donald Trump signed an executive order to create a crypto reserve – which...
Dogecoin Pops 6% to Lead Majors Gains as Bitcoin Nears $110K on Fresh Rate-Cut Optimism
Dogecoin (DOGE) surged over 6% in the past 24 hours to lead gains among major cryptocurrencies, as bitcoin (BTC) bounced toward the $110,000 mark on renewed rate-cut hopes and easing fears around looming U.S. tariffs.The rally came after U.S. officials clarified that President Trump’s long-anticipated tariff hikes would not go into effect immediately, giving countries more time to negotiate.The initial July 9 deadline sparked concerns over a sharp deterioration in global trade, but Treasury Secretary Scott Bessent said on Sunday that nations without a deal would likely receive a three-week extension to reach agreements before the new levies take effect on August 1.“Markets are rallying after it was revealed countries will have more time to negotiate before tariffs take effect,”...