Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed. Source: https://www.coindesk.com/markets/2023/08/25/bitcoin-dips-below-26k-smaller-cryptos-head-lower-on-feds-powells-hawkish-remarks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An immediate burst of criticism from the crypto industry shows the U.S. Treasury Department’s new proposal on how to handle digital assets taxes will face a long road as …

Market participants were looking to Friday morning’s speech to gauge the future direction of the U.S. central bank’s monetary policy. Source: https://www.coindesk.com/markets/2023/08/25/feds-powell-at-jackson-hole-prepared-to-raise-rates-further-if-appropriate/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DeFi giant MakerDAO has lent $1.8 million of DAI stablecoin to the tokenized credit pool under distress. Source: https://www.coindesk.com/markets/2023/08/25/default-of-tokenized-loans-on-centrifuge-puts-makerdaos-investment-at-risk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets. Source: https://www.coindesk.com/policy/2023/08/25/tokenization-could-improve-bond-market-efficiency-hong-kong-regulator-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing. Source: https://www.coindesk.com/policy/2023/08/25/prime-trust-lost-8m-in-doomed-terra-stablecoin-investment-ceo-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

News that Elon Musk’s SpaceX had liquidated its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report …

A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies. Source: https://www.coindesk.com/policy/2023/08/25/ftx-blockfis-customer-data-compromised-in-kroll-hack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/markets/2023/08/24/weird-pepe-transfers-spook-investors-and-prompt-12-plunge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/08/24/tokenization-news-roundup-resource-extraction-social-media-monetization-and-real-world-connections/?utm_medium=referral&utm_source=rss&utm_campaign=headlines