ustb

ChainCatcher news, according to Cointelegraph, El Salvador's financial platform NextBridge has completed the first round of USTBL token issuance through Bitfinex Securities, raising $30 million. The underlying asset of the token is U.S. Treasury bonds, built on the Bitcoin blockchain and operating on the Liquid Network layer two.NextBridge founder Michele Crivelli stated that the tokens can be traded on the secondary market, with the redemption period set to begin in March 2025, aiming for an issuance scale of $200 million.

ChainCatcher news, according to The Block, the tokenization company Superstate announced an upgrade to its USTB fund, introducing a "continuous pricing" feature that allows the fund's net asset value (NAV) to update dynamically. USTB holders will enjoy real-time interest accumulation, avoiding the delays of traditional market settlement cycles, allowing investors to start earning returns from the moment of investment without waiting for the next trading day's NAV update.Superstate founder Robert Leshner stated that this move marks a breakthrough for the company in traditional finance (TradFi), bringing blockchain logic into traditional finance to enhance the fund product experience. In the future, Superstate plans to launch atomic minting and redemption features based on this functionality and achieve instant conversion between USTB and USDC, paving the way for efficient integration of DeFi protocols with T-bills. Currently, USTB manages assets exceeding $145 million, with a seven-day yield of 4.80%.

ChainCatcher news, according to TheBlock, Ethena will collaborate with Securitize and BlackRock to launch a new UStb stablecoin, supported by BlackRock's tokenized U.S. Treasury Fund BUIDL.

ChainCatcher news, according to The Block, FalconX has launched tokenized treasury fund trading as some investors show increased interest in securities issued by the U.S. government.According to a FalconX representative speaking to The Block, the crypto-focused brokerage executed its first trade on June 11. USTB is a digital token representing short-term bonds issued by the U.S. government, which can be traded on a public blockchain.The company's support for trading this token is due to U.S. Treasuries continuing to offer yields above 5%, following the Federal Reserve's interest rate hikes to curb inflation. As a result, some risk-averse traders are investing in digital assets backed by Treasuries instead of stablecoins, which may experience price volatility if they decouple from the underlying assets.

ChainCatcher news, according to Sekoia.io, has discovered a malware for macOS written in Rust and Objective-C called "RustBucket." It consists of a macOS installer that installs a fully functional PDF reader with a backdoor. This fake PDF reader requires opening a specific PDF file as a key to trigger malicious activities, after which it collects and sends information about the compromised system.It is reported that this malware is suspected to be linked to the hacker group Bluenoroff, which has ties to North Korea. Since 2017, Bluenoroff has been conducting financial activities targeting cryptocurrency exchanges and venture capital-related entities in Europe and Asia. (source link)