DeFi-Based Ticket Settlement Aims to Fix Financing, Fees, and Transparency Issues A new onchain settlement model is gaining traction in the live events industry, offering a potential alternative to long-criticized ticketing systems dominated by centralized intermediaries. TIX a blockchain-based settlement layer, is applying decentralized finance (DeFi) and real-world asset (RWA) tokenization to how tickets are issued, financed, and settled. So far, the TIX network has processed over $8 million in ticket sales and enabled roughly $2 million in venue financing through its integration with KYD Labs, a consumer-facing ticketing platform. While KYD Labs manages ticket sales and event operations TIX…
Author: Blockto Team
Falling Hash Price Pushes Mining Firms to Cut Costs With Solar, Wind, and Hydro Power Bitcoin mining companies are increasingly turning to renewable energy sources as profitability across the sector comes under pressure. The shift follows a sharp decline in Bitcoin mining hash price, a key measure of daily revenue per unit of computing power, which is now hovering near historic lows. Hash price is currently around $39.4 per petahash per second per day slipping below the widely cited $40 breakeven threshold for many mining operators. This has intensified the need to lower operating costs, with energy efficiency becoming a…
Stablecoin Issuer Seeks Full Control of Iconic Italian Soccer Team Stablecoin issuer Tether has made a bold move into professional sports, submitting a binding all-cash offer worth approximately $1 billion to acquire Juventus Football Club, one of Italy’s most successful soccer teams. The proposal targets the 65.4% controlling stake held by Exor, the Agnelli family’s investment company. According to Tether, the offer includes a commitment to purchase all remaining outstanding shares at the same price, should Exor agree to sell its controlling interest. Juventus is publicly listed and currently carries a market capitalization of roughly €944 million, following a recent…
Comments Surface After Vanguard Allows Clients to Trade Crypto ETFs A senior analyst at Vanguard has reignited debate over Bitcoin’s role in modern finance, describing the digital asset as purely speculative and likening it to a collectible plush toy rather than a productive financial instrument. The remarks come shortly after Vanguard updated its platform to allow clients to trade cryptocurrency exchange-traded funds for the first time. The analyst compared Bitcoin to a popular collectible toy, arguing that its value is driven more by scarcity and sentiment than by fundamental cash flows or intrinsic utility. Despite the criticism, he acknowledged that…
Regulatory Progress and DeFi Integration Seen as Key to Expanding Tokenized Assets The tokenization of real-world assets is unlikely to deliver immediate, transformative benefits to blockchain networks, but its long-term impact could expand significantly if access becomes more open and interoperable, according to research from NYDIG. NYDIG’s global head of research, Greg Cipolaro, said the early benefits of tokenized assets are relatively light, primarily limited to transaction fees and incremental network activity on blockchains where these assets are issued. However, he noted that value could scale as interoperability, composability, and access improve, particularly if tokenized assets are more deeply integrated…
Regulatory Green Light Expands Bitnomial’s Clearing and Event-Based Trading Capabilities Bitnomial has secured a significant regulatory milestone after its clearing arm received approval from the U.S. Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, clearing the path for the launch of regulated prediction markets in the United States. The approval allows Bitnomial Clearinghouse LLC to support prediction market contracts tied to crypto-related and macroeconomic events, alongside the company’s existing Bitcoin and crypto derivatives offerings. These contracts enable participants to take positions on defined outcomes such as token price thresholds and economic data releases, operating within a federally supervised…
Regulator signals support for an “innovation exemption” to accelerate blockchain-based settlement The push to bring US financial markets on-chain is accelerating after the Securities and Exchange Commission signaled support for tokenization and expanded blockchain-based settlement. SEC Chair Paul Atkins said the country’s markets are “poised to move on chain” following the agency’s recent greenlight for a major new tokenization initiative led by the Depository Trust and Clearing Corporation (DTCC). The SEC issued a no-action letter allowing a DTCC subsidiary to launch a tokenization service capable of minting assets such as the Russell 1000 index, major ETF products, and US Treasury…
OCC Advances Federal Oversight for Major Stablecoin and Digital Asset Institutions In a landmark regulatory shift, five major crypto firms have received conditional approval to convert into federally chartered national trust banks, marking one of the most significant advancements yet in the U.S. effort to formalize oversight of digital-asset companies. The Office of the Comptroller of the Currency granted preliminary approval to Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos all of which currently operate under state-level trust structures. This move positions them to follow the path first taken by Anchorage Digital, the earliest crypto firm to secure a federal…
Stablecoin Issuer Explores Digital Shares Following Push Toward $500 Billion Valuation Tether is considering whether to tokenize its equity after initiating a major fundraising effort that could bring in up to $20 billion and value the company at roughly $500 billion according to recent reports. The move reflects growing interest in blockchain based ownership models as the firm evaluates options for shareholder liquidity. The company does not plan to let existing investors sell shares into the primary round, creating a potential gap before any eventual public listing. As a result, executives are exploring tokenized shares or traditional buybacks as possible…
Nasdaq weakness, AI-sector volatility, and Broadcom’s sharp decline pressure Bitcoin toward major demand zones Bitcoin fell decisively below the 90,000 USD level as turbulence across technology stocks spilled into the digital asset market. Concerns surrounding the AI sector and a steep sell off in major chipmakers most notably Broadcom which dropped nearly 10 percent intensified risk aversion. Additional signals from Federal Reserve officials regarding deeper potential cuts in 2026 contributed to uncertainty, dragging sentiment further. Current price structure shows Bitcoin testing the lower boundary of a critical 4-hour demand zone, an area that has previously triggered strong counter rallies. The…