The post JPMorgan joins reserve fund race with Ethereum-based JLTXX appeared on BitcoinEthereumNews.com.
JPMorgan has filed to launch the JPMorgan OnChain Liquidity-Token Money Market Fund, a tokenized government money market fund with the ticker JLTXX. Summary JPMorgan’s JLTXX fund targets stablecoin issuers needing Treasury-backed reserves and blockchain-based share transfer tools. Morgan Stanley’s MSNXX launch shows Wall Street banks are competing for stablecoin reserve management mandates. Earlier coverage linked JPMorgan to an XRPL settlement pilot with Mastercard, Ripple, and Ondo Finance. The filing lists Token Class Shares dated May 13, 2026, and says the fund seeks current income while keeping liquidity and principal stability. The fund is built for stablecoin issuers that need reserve assets under the GENIUS Act. JPMorgan says JLTXX will invest in a way intended to meet eligible reserve asset rules. Its portfolio will focus on U.S. Treasury securities and overnight repurchas
JPMorgan Asset Management has filed with the U.S. Securities and Exchange Commission to launch a second tokenized money market fund on the Ethereum network, accelerating Wall Street’s push to bring traditional finance instruments onchain. Kinexys Powers the Onchain Infrastructure The move comes roughly five months after the bank debuted its first tokenized fund, the Onchain […]
A hacker has started laundering digital assets that were part of the $6.7 million theft from the liquidity provider TrustedVolumes, says cybersecurity firm PeckShield. PeckShield says that new data shows the hacker has started moving hundreds of thousands of dollars worth of Ethereum (ETH). “The TrustedVolumes exploiter has laundered $278,000 in stolen funds so far: […]
The post Hacker Actively Laundering Stolen Crypto After Exploiting Liquidity Provider for $6,700,000: PeckShield appeared first on The Daily Hodl.
Crypto exchange MEXC plans to increase its Guardian Fund to $500 million over the next two years while adding 1,000 bitcoin to its reserves. The move is aimed at strengthening user protection and reinforcing confidence amid continued market expansion. BTC and USDT to Serve as Dual Reserve System for Market Stability Crypto exchange MEXC is […]
The post Major Recovery Action Restores Security to Ethereum’s rsETH Tokens appeared on BitcoinEthereumNews.com.
In a significant recovery effort, Ethereum-based Kelp DAO and Aave have successfully restored the security status of rsETH tokens after a recent cyber intrusion. Following this effort, the rsETH tokens, valued at $1.5 billion, remain well-collateralized across various networks. Continue Reading:Major Recovery Action Restores Security to Ethereum’s rsETH Tokens Source: https://en.bitcoinhaber.net/major-recovery-action-restores-security-to-ethereums-rseth-tokens
The post Stables Taps T-0 Network as Asia’s 60% Stablecoin Payment Share Tests USDT Rails appeared on BitcoinEthereumNews.com.
Key Takeaways Stables partnered with T-0 Network on May 12, 2026, to scale institutional USDT settlements across Asia. Infrastructure gaps persist in Asia, where 60% of global stablecoin flows face fragmented banking access. Stables targets the $300B market, routing USDT until local coins mature alongside Mansa and eStable. Navigating Regulatory Moats Stables, a stablecoin infrastructure platform, announced a strategic partnership with t-0 Network to enhance settlement capabilities for its USDT corridors across Asia. The collaboration establishes T-0 Network as a dedicated settlement partner, providing the liquidity necessary for Stables to process high- volume transactions across multiple jurisdictions and currency pairs. By integrating T-0 Network’s specialized settlement layer, Stables aims to eliminate “ liquidity ceilings” that can hinder developers scalin