BNY Brings Crypto Custody Services to Abu Dhabi BNY Mellon is bringing its digital asset services to Abu Dhabi, allowing institutional clients to securely store cryptocurrencies like Bitcoin and Ethereum. They’re partnering with local firms Finstreet and ADI Foundation and will operate under the regulations of the Abu Dhabi Global Market (ADGM). While starting with … Read more
BNY Expands Digital Asset Custody Business Into UAE Amid Tokenization Push BNY Mellon, the world’s largest asset custodian with $59 trillion under its care, is bringing its digital asset custody services to the United Arab Emirates. They’re partnering with Finstreet and the ADI Foundation to offer these services, starting in Abu Dhabi Global Market. Initially, … Read more
BNY, the world’s largest custodian overseeing about $59 trillion in assets, extends its digital asset custody enterprise into the United Arab Emirates through these local allies, as if the ledger were a map and the map a destiny.
Key Takeaways, if one must be so prosaic:
On-chain data-the financial equivalent of a Babel Fish-confirms that this move is backed by improving fundamentals. Key cost basis levels have been reclaimed, and institutional demand is returning through ETF inflows. It’s almost as if the market is saying, “So long, and thanks for all the shorts!”
He was not alone on that field. In 2025, he begrudged adding 1,000 of those golden tokens to Cardone Capital, right after the bank had determined that Bitcoin might as well be a rubber ball worth a piece of land at the base of the pedestal. For the rest of his empire, the contagion was a mere 200 million sterling, like dust on a crate of lumber.
As the clock ticks, XRP lingers near $1.43, a modest sum for such a tempestuous soul. Analysts, those soothsayers of the digital age, squint at their charts and declare: the hour approaches. Will XRP don its bullish armor and charge forth, or shall it remain shackled to the chains of range-bound mediocrity? Only time, that cruel mistress, will tell.
Mr. Lebental, ever the diplomat, neither admitted nor denied the findings, thus preserving his innocence in the manner of a guilty schoolboy. The settled order also bans him from trading commodity interests for a month-a punishment akin to forbidding a drunkard from wine for a fortnight-and bars further violations, as if the first fine wasn’t a sufficiently loud hint.
The Commodities Futures Trading Commission, that austere guardian of the public purse, is asserting its jurisdiction with a formidable air as Minnesota and other fellow citizens seek to ban or restrain the activities of prediction-market platforms; there is in truth a good deal of regulatory tension in these United States.
KelpDAO reports that hackers targeted LayerZero, causing losses exceeding $300 million across various DeFi platforms. LayerZero’s system initially processed over $100 million in fraudulent transactions before KelpDAO stepped in and temporarily stopped its contracts, preventing further damage.