According to Cointelegraph, banks and financial institutions are exploring the use of tokenized bank deposits, which involve recording bank balances on a blockchain. However, Omid Malekan, an adjunct professor at Columbia Business School, suggests that this technology may ultimately be overshadowed by stablecoins. Malekan argues that overcollateralized stablecoin issuers, who maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, offer a safer liability perspective compared to fractional reserve banks issuing tokenized deposits. Stablecoins possess composability, allowing them to be transferred across the crypto ecosystem and utilized in various applications. In contrast, tokenized deposits are permissioned, subject to know-your-customer (KYC) controls, and have limited functionality. Malekan likens tokenized bank deposits to a checking account where checks can only be written to other customers of the same bank, questioning their utility for cross-border payments, serving the unbanked, or participating in decentralized finance (DeFi). The tokenized real-world asset (RWA) sector, which includes fiat currencies, real estate, equities, bonds, commodities, art, and collectibles, is expected to grow significantly, reaching $2 trillion by 2028, according to Standard Chartered bank. Meanwhile, stablecoin issuers are finding ways to share yield with customers, despite the GENIUS stablecoin Act's prohibition on yield-bearing stablecoins. This has led to competition between tokenized bank deposits and yield-bearing stablecoins, with stablecoin issuers offering customer rewards as a form of yield. The banking lobby has expressed concerns about yield-bearing stablecoins, fearing that sharing interest with customers could diminish the banking industry's market share. With the average yield on savings accounts at retail banks in the US and UK being well under 1%, anything above that becomes attractive to customers. New York University professor Austin Campbell criticized the banking industry's resistance to yield-bearing stablecoins, accusing it of using political pressure to protect its financial interests at the expense of retail customers.

Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan. source: https://cointelegraph.com/news/columbia-business-professor-doubt-tokenized-bank-deposits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Binance's latest update 3. 5. 3 introduces support for Chinese input method, sparking reactions. source: https://coincu.com/news/binance-chinese-input-method-update/

OKX 시세 데이터에 따르면 BTC는 110,000 USDT 아래로 하락하여 현재 109,990 USDT를 기록하고 있으며, 24시간 하락폭은 0.39%로 좁혀졌습니다. (이 뉴스레터는 인공지능의 도움을 받아 생성되었습니다.)

KapKap raises $10M, introduces AI-powered KAPS to revolutionize Web3 engagement. source: https://coincu.com/news/kapkap-raises-10million-launches-kaps/

The roadmap calls for more temporary address creations to preserve privacy, as well as quality-of-life fixes for Keystone hardware wallet users. source: https://www.theblock.co/post/377176/zcash-creator-ecc-unveils-q4-2025-roadmap-as-privacy-tokens-price-and-shielded-supply-surge?utm_source=rss&utm_medium=rss

Former fraudster turned security consultant Frank Abagnale, whose fascinating story was told in Steven Spielberg’s acclaimed movie “Catch Me If You Can,” delved into digital fraud during a major crypto forum in Dubai, UAE. Abagnale, the real-life inspiration for Leonardo DiCaprio’s leading role in the crime comedy-drama film, lectured attendees of the conference this week […] source: https://www.cryptopolitan.com/catch-me-if-you-can-frank-abagnale-dissects-digital-fraud-at-a7a5-sponsored-crypto-event/

EU law enforcement has pledged deeper cooperation and investment as criminals refine blockchain abuse tactics. source: https://decrypt.co/347078/criminal-crypto-use-becoming-increasingly-sophisticated-says-europol

null source: https://x.com/DaanCrypto/status/1984727396071723265

Decentralized perpetual futures have hit a major milestone as their monthly trading volume in October exceeded $1. 3 trillion, which is nearly double the figures from September. It was also the first time the monthly trading volume on decentralized exchanges (DEXs) exceeded $1 trillion, evidence of them gaining ground on rival centralized exchanges (CEXs). The open […] source: https://www.cryptopolitan.com/perp-contracts-hit-record-volume-october/

관세, 유동성, 금융 시스템, 글로벌 유동성이 고갈되고 있는가? 골드만삭스, '평가절하 거래'가 주류가 된 시점은 언제일까요?

"트럼프 시대"의 잠재적 암호화폐 붐에 대한 모든 과대광고에도 불구하고 비트코인은 거의 모든 주요 자산군에 비해 뒤처져 있습니다. 2025년 현재까지 비트코인의 성과를 되돌아보면 2025년은 '잃어버린 해'라고 할 수 있습니다.

2025년은 디파이 프로젝트 당사자들에게 쉽지 않겠지만, 그들은 월스트리트에서 한 가지 요령을 배웠습니다: 바이백을 통해 자신감을 보여주라는 것입니다.

칼시와 폴리마켓은 업계와 자본의 지원을 받아 주요 스포츠 리그의 공식 파트너십과 후원을 모색하고 있습니다.

이 사건의 핵심은 단순히 영리를 목적으로 MEV 로봇을 운영하는 것이 아니라, 미국의 두 남성이 MEV 로봇의 취약점을 악용하여 약 2,500만 달러에 달하는 '해킹'과 갈취를 저질렀다는 점입니다.

2025년 10월 31일, 코인베이스는 3분기 실적을 발표했는데, 이는 유동성이 부족한 암호화폐 산업에 활력을 불어넣을 적절한 시기에 발표되었습니다.

유럽 중앙은행은 최근 '디지털 유로' 프로젝트가 다음 단계로 접어들고 있다고 발표했습니다. 2026년에 관련 법안이 채택되면 2027년에 시범 발행을, 2029년에 본격적인 발행을 시작할 것으로 예상됩니다.

전 세계 다른 지역에서는 규제 당국이 암호화폐 채굴을 전력 공급과 인프라에 큰 부담으로 보고 있으며, 이에 따라 미국 정책과는 매우 다른 대응을 하고 있습니다.

골든 파이낸스는 암호화폐 및 블록체인 업계 모닝 뉴스레터인 골든 8시 2864를 발행하여 가장 빠르고 최신의 디지털 화폐 및 블록체인 업계 뉴스를 제공합니다.

아마존의 다운타임을 분석하고, 이더리움의 탈중앙화 복원력을 공개하며, 커뮤니티에 통제에 저항하는 노드의 미래를 구축할 것을 촉구합니다.