The rise of on-chain private credit

Institutional investors are increasingly eyeing tokenized private credit as the next frontier in fixed-income. Even BlackRock’s CEO Larry Fink has proclaimed that “every asset… can be tokenized” and that this innovation could “revolutionize investing”​. Private credit – loans to businesses outside traditional bank lending – is at the forefront of this trend. As of early 2025, roughly $12.9 billion worth of private credit has been brought on-chain, making it the largest segment of the tokenized real-asset market (surpassing tokenized treasuries at ~$6.2B)​. Investors are drawn by the promise of efficiency and attractive yields:…

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Sen. Elizabeth Warren (D-Mass.) took potshots at billionaires Elon Musk and Jeff Bezos on Monday, warning that stablecoin legislation would enable them to “exploit” user data and engage in unfair trade practices.

What happened: In an X post, Warren argued that the GENIUS Act, also known as the stablecoin bill, has a “major loophole” that allows Big Tech and major retailers to issue their own stablecoins, which, according to her, could lead to significant risks for consumers and the economy.

“If Congress doesn’t fix the GENIUS Act, billionaires like Elon Musk and Jeff Bezos could launch stablecoins that track your purchases, exploit your data, and squeeze out competitors,” Warren…

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President Donald Trump asked citizens of Tehran, Iran’s capital, to “immediately” evacuate the city on Monday, as cryptocurrency bettors increased the likelihood that the U.S. would join Israel in the war against the Middle Eastern country.

What happened: Trump wrote in a post on Truth Social, “Iran should have signed the ‘deal’ I told them to sign. What a shame, and waste of human life. Simply stated, IRAN CAN NOT HAVE A NUCLEAR WEAPON.”

Trump then asked people to “immediately” evacuate the capital city of Tehran, home to around 10 million people.

Trump will also cut short his G7 summit “because of what’s going on in the Middle East,” said White House Press Secretary Karoline…

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New York, NY, June 16, 2025 (GLOBE NEWSWIRE) — New AI-Driven Mining Infrastructure Aims to Simplify Access to Crypto Mining and Promote Sustainable Practices

June 16, 2025 – DRML Miner, an AI-driven cloud mining company, has announced the launch of its latest platform designed to provide access to cryptocurrency mining through renewable energy sources.

The platform allows users to participate in cloud mining remotely by renting computing power, eliminating the need for maintaining physical mining equipment. This approach aims to make cryptocurrency mining more accessible to a wider audience while reducing environmental impact.

According to DRML Miner, the platform is supported by over…

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“The money supply is the blood of the economic body; when it flows freely, the economy prospers.” 

— Irving Fisher

In New York City, paying by check first became commonplace in the booming economy of the 1840s. 

This was a major financial innovation: Instead of walking out of the bank with a satchel of borrowed cash to pay for, say, a steamer full of Southern cotton at the docks, a merchant could have a loan credited to a checking account and then settle his purchases with a few strokes of the pen.

As banking expanded and commerce sped up, checks offered a safer, faster way…

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