Ondo extends RWA dominance with new network – But will institutions use it?

Institutional investors have long faced a tradeoff between execution speed and blockchain transparency.  Ondo Finance [ONDO] launched the Ondo Network to address that challenge through private execution, decentralized verification, and on-chain settlement.  Through this, institutions will gain centralized exchange-like performance without sacrificing non-custodial control.  Source: X  Rather than simply increasing speed, the infrastructure improves settlement efficiency while preserving verifiable ownership.  As such, if adoption accelerates, Ondo may potentially create deeper levels of liquidity, attract new developers into its ecosystem, and increase the amount of assets being tokenized within its network. This would create further potential for overall ecosystem development.  Furthermore, it would encourage institutional participation across decentralized finance while giving institutions greater confidence in scalable, transparent, high-performance market infrastructure over time.  How Ondo Network works  Instead of asking every network participant to process each transaction, the Ondo Network divides responsibilities across specialized components.  Secure enclaves (trusted execution environments) first execute application code inside protected hardware, where operators cannot view or alter it. Even changing a single byte prevents the code from running.  Source: Ondo Finance  Meanwhile, independent attestors verify that only the approved code operates before they reconstruct the security keys used to confirm transactions via public blockchain.  This approach keeps verification separate from execution, allowing applications to process trades with centralized

07-28انڈسٹری

Shein Long-Awaited IPO Just Got Harder To Sell As Tariffs Bite

Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern Chinas Guangdong province. (Photo by Jade GAO AFP via Getty Images)  AFP via Getty Images  Shein has spent the better part of three years chasing a stock market listing, first in New York, then in London and now, finally, in Hong Kong. But the numbers it revealed to prospective investors this week suggest that the pitch has gotten considerably tougher.  The fast-fashion giant swung to a $99 million loss in the first quarter of 2026, a stark reversal from the same period a year earlier. The figures, disclosed in a draft prospectus filed with the Hong Kong Stock Exchange as part of its long-awaited initial public offering, mark the clearest signal yet that tariffs and regulations are landing squarely on Sheins bottom line.  Part of the loss was a one-off, a $328 million non-cash accounting charge tied to the fair-value treatment of convertible preferred shares, a technical adjustment that converts investor stock into ordinary shares once a company lists.  What might concern investors more is that Shein‘s U.S. revenue fell 14.3% year-on-year to roughly $2 billion, as the Trump administration’s removal of the de minimis

07-28انڈسٹری

Nexo confirms MiCAR compliance across the EEA

Nexo, a digital assets wealth platform, has reaffirmed product compliance across the European Economic Area ahead of MiCARs entry into force, according to information shared with Finbold on July 28, 2026.  The company is operating through two MiCAR-licensed partners, splitting custody and brokerage across dedicated regulated infrastructure built specifically for the European market.  Tangany, licensed under MiCAR, provides institutional-grade custody infrastructure for digital assets. DLT Finance, licensed under MiCAR and authorized under MiFID II, provides brokerage infrastructure for digital assets and financial instruments.  Together the two partnerships give Nexo a locally compliant operational foundation across the EEA without disrupting its existing client-facing platform.  MiCAR compliance positions Nexo among top crypto platforms operating in Europe  Nexo ranks among the top three largest centralized crypto lenders in the world as of Q3 2025. As MiCAR sets the operating standard across the region, the company enters this next chapter with a strengthened European foundation built on regulated, locally licensed infrastructure.  “MiCAR is the most consequential regulatory framework digital assets have seen in Europe, and Nexo has been preparing for а long time. When it came to choosing DLT Finance and Tangany, the standard was non-negotiable: our partners are best-in-class – rigorously regulated, technically sophisticated, and aligned with how we

07-28انڈسٹری

GBP/USD Price Forecast: Trades vulnerably near 1.3300 ahead of Fed-BoE policy

The British Pound (GBP) trades with caution at around 1.3300 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair is marginally higher, but is broadly under pressure, with investors turning cautious ahead of the Federal Reserves (Fed) monetary policy announcement on Wednesday.  Investors expect the Fed to leave interest rates unchanged in the range of 3.50%-3.75% and warn of upside inflation risks. However, United States (US) President Donald Trump said on Monday that Fed Chairman Kevin Warsh should lower interest rates, adding that there was a good inflation report recently, costs were falling rapidly, and that prices should drop significantly once the Gulf War ends.  On the contrary, the CME FedWatch tool reflects traders seeing the monetary policy adjustment on the hawkish side. There is an 80.8% chance that the Fed will deliver an interest rate hike in September, the tool shows.  This week, investors also await the Bank of Englands (BoE) monetary policy announcement on Thursday, in which it is expected to keep interest rates steady at 3.75%, with a 7-2 majority.  GBP/USD technical analysis  GBP/USD trades marginally higher at around 1.3300, but is holding a bearish near-term bias as it remains capped beneath the 20-period Exponential Moving

07-28انڈسٹری

CLARITY Act would weaken state fraud powers, James warns

New York Attorney General Letitia James has urged Congress to revise the CLARITY Act, warning that the crypto market structure bill could restrict states from prosecuting fraud and enforcing investor protection laws.  SummaryJames said the bill could preempt state investor protection lawsand weaken local enforcement.State and local authorities account for about 98.8% of arrestsnationwide, according to her testimony.Senate Republicans need 60 votesto advance the legislation through the cloture process.Banking, ethics and enforcement disputes remain unresolved before the Senates August recess.  James challenges the CLARITY Acts enforcement rules  James raised the concerns in written testimony submitted to a Senate committee as lawmakers continued negotiations over the federal crypto bill.  She argued that the CLARITY Act would interfere with state investor protection laws and reduce the authority of state and local agencies to prosecute misconduct involving digital assets.  “This is a mistake,” James wrote.  The New York attorney general said state and local law enforcement agencies conduct most enforcement work across the United States. According to figures included in her testimony, those authorities are responsible for about 98.8% of arrests, compared with roughly 1.2% by federal agencies.  You might also like:  Metaplanet plans Bitcoin-backed bonds yielding up to 6%  “Despite this, CLARITY would neuter state and local law enforcement by preempting

07-28انڈسٹری

Oman presents Hormuz fee proposal to Iran

According to a Gulf source, Oman presented a proposal for a joint regional mechanism to Iran to manage the Strait of Hormuz, a vital passage for almost 20% of the global energy supply, with voluntary fees, Reuters report.  Additional remarks  Omani proposal has regional backing.  Proposal is based on strait of Malacca, where those who use Strait voluntarily contribute to fund navigation, environmental protection, search and rescue, gulf source says  Iran would not exercise sole control of Strait of Hormuz under the proposal.  Market reaction  The WTI Oil price faces slight selling pressure after the news release. At press time, the WTI Oil price trades 1.1% lower to near $80.30.

07-28انڈسٹری

Cross River to enable P2P payments, banking services for X Money

Cross River said Monday it will provide the banking infrastructure for X Money, the financial services platform being integrated into X, enabling peer-to-peer payments, FDIC-insured interest-bearing accounts and Visa debit cards.  The company said its banking platform and payment rails will power the service as X continues its push to become an “everything app,” with infrastructure designed to support additional financial products and services over time.  Cross River provides embedded financial infrastructure for payments, cards, lending and cryptocurrency services to fintech and technology companies through its regulated banking platform and payment rails. The announcement did not mention support for cryptocurrencies or stablecoins.  Elon Musk confirmed in May 2025 that X Money had entered limited beta testing, saying the initial rollout would be limited because “extreme care” was needed when handling users savings. The service expanded to a limited external beta in March 2026 ahead of a wider launch.  Musk has been teasing X Money since at least 2022, when he described his acquisition of Twitter as “an accelerant to creating X, the everything app.” Since then, X has obtained money transmitter licenses in more than 40 US states and registered with the Financial Crimes Enforcement Network to enable peer-to-peer payments on the platform.  Magazine: Peter

07-28انڈسٹری

SOON up +15.33%, BTC -3.06%, KAITO is The Coin of The Day – Daily Market Update for Jul 28, 2026 | CoinCodex

Key highlights:The total cryptocurrency market cap decreased from $ 2.23T to $ 2.17T in the past 24 hours, representing a -2.62%changeThe Bitcoin price at press time is $ 63,463 after falling by -3.06%in the last 24 hoursThe total crypto trading volume increased by 291.09%in the past 24 hours, and is currently at $ 595.48BAll prices and changes are presented at the time of publication: July 28, 2026, at 06:00 UTC  Market Overview  The total cryptocurrency market cap is currently $ 2.17T after a -2.62%decrease on the day. The total crypto trading volume increased by 291.09%in the same time frame.  Bitcoin is trading at $ 63,463 after seeing a -3.06%loss in the last 24 hours. The Bitcoin dominance fell by -0.04%and BTC currently represents 58.73% of the cryptocurrency market.  Top Coins By Market Cap  At press time, Bitcoin has a market capitalization of $ 1.27T after losing -3.06%in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null%and reach null by Invalid date. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.  Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,881.91 and has

07-28انڈسٹری

How crypto payments are reshaping digital entertainment platforms

Digital entertainment platforms are experiencing rapid transformation as crypto payments gain widespread adoption. Instant deposits, transparent fees, and seamless wallet integration are changing how users interact with online gaming, streaming, and content creation services. The rise of stablecoins and blockchain-based payment rails is redefining expectations for both users and providers.  The demand for flexible and fast transactions is placing pressure on digital entertainment providers to innovate. Across sectors—from online gaming to creator monetisation—users want immediate access to funds, control over withdrawals, and enhanced privacy protections. Platforms like online casino VegasNow illustrate how these evolving payment technologies are delivering real change, driving industry-wide shifts in digital entertainment.  This article explores how crypto payments are influencing user experience, platform design, and competitive strategies throughout digital entertainment. By examining the impact of blockchain, stablecoins, and payment infrastructure, we can understand the broader implications for both creators and audiences across entertainment ecosystems.  Faster transactions and transparent costs elevated by crypto  The introduction of crypto payments has led to a new level of speed and cost transparency in digital entertainment. Users now expect near-instant deposits and withdrawals, allowing them to join games, tip creators, or subscribe to content without friction. These innovations eliminate the waiting periods common with traditional

07-28انڈسٹری

Breaking: US Senate Puts Clarity Act on Hold for Russia Sanctions Bill, Trump Nominations

The U.S. Senate has delayed the Clarity Act to prioritize a Russia sanctions bill and Trump nominations. Voting on the crypto bill is now unlikely before next week, leaving only a few days before the August 8 recess.  Senate Leader John Thune Prioritizes Trump Nominations and Russia Sanctions Bill  Senate Republicans planned to pursue a procedural vote on the Clarity Act to decide on the ethics rules, schedule, or debate limits for the crypto bill. The crypto industry expects bipartisan support in the Senate floor vote to pass the Clarity Act before the recess before the August 8 recess.  However, Senate Majority Leader John Thune filed cloture on Executive Calendar #6, S.Res.817 (en bloc nominations), according to the Senate press. This signals that the Senate will vote on all Trump nominations together.  On July 28, the Senate will vote on confirmation of Jay Clayton as Director of National Intelligence at 6:30 pm. Following the confirmation vote, the Senate is expected to proceed with H.R. 5334, the Legislative vehicle for the Lindsey O. Graham Sanctioning Russia Act of 2026.  “After processing this next batch of 74 Trump nominees, the Senate will have confirmed nearly every nominee available for floor consideration. My Senate GOP colleagues and I

07-28انڈسٹری
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