By Shaurya Malwa (All times ET unless indicated otherwise)
Bitcoin BTC
$115,244.11 is sitting around $113,00 having failed to clear $115,000. Not so long ago, when it was setting new highs and euph… [+13910 chars]

CoinDesk

All Eyes on Powell as Bitcoin Holds Below $113K: Crypto Daybook Americas

Japanese financial giant SBI Holdings is moving into the red-hot tokenized stock market through a joint venture with Singapore-based blockchain development firm Startale.
The companies plan to build… [+1351 chars]

The financial conglomerate is building a blockchain platform for tokenized assets with Startale, the blockchain development firm that build Soneium with Sony.

Japan's SBI Holdings Joins Tokenized Stock Push With Startale Joint Venture

Money laundering has long been a scourge of the cryptocurrency sector, and the industry has a new answer meant to demonstrate it can head off major problems before they accelerate: the Beacon Network… [+4696 chars]

An industry-wide project led by TRM Labs is officially going live, and includes law enforcement and the major exchanges such as Coinbase and Binance.

Crypto Offers Answer to Money Laundering Crisis: Global Alert Network Called 'Beacon'

SkyBridge Capital, Anthony Scaramucci's investment management firm, plans to tokenize $300 million worth of its hedge funds on the Avalanche 
 network.The firm is bringing its Digital Macro Master F… [+1988 chars]

The investment management firm is bringing two of its hedge funds on-chain in partnership with Apex Group's Tokeny.

Scaramucci's Skybridge Capital to Tokenize $300M in Hedge Funds on Avalanche

Wyoming state announced on Tuesday the mainnet launch of its U.S. dollar stablecoin Frontier Stable Token (FRNT), claiming it to be the first fully-reserved stablecoin in the country issued by a publ… [+2097 chars]

The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.

Wyoming State Debuts U.S. Dollar Stablecoin on Seven Blockchains

The Stellar Development Foundation (SDF), the organization supporting the Stellar 
 blockchain, invested in UK-based digital asset exchange and tokenization firm Archax as part of a broader partners… [+1283 chars]

The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

Dogecoin 
 nursed losses on Monday as the community behind Qubic, which recently attacked Monero, voted to target the Dogecoin network over Zcash and Kaspa by a big margin.At the time of writing, DO… [+3173 chars]

The AI-focused blockchain project Qubic announced the community's intention to target Dogecoin on X.

Dogecoin Sellers in Control as Monero Attacker Votes to Target DOGE; Bitcoin Below $116K

Chainlinks LINK token jumped 18% to $26.05 on Sunday, according to CoinDesk Data, outpacing the top 50 cryptocurrencies by percentage gain as analysts and traders cited momentum and recent fundamenta… [+4199 chars]

LINK surged 18% to $26.05, outpacing peers as analysts highlight undervaluation, strong chart signals and Chainlink’s August product announcements.