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Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
9.8.2024
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services
US Bitcoin ETFs Soar With $192M Boost; Ethereum ETFs Record Modest Loss
9.8.2024
The latest figures from U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) reveal another contrasting shift. Bitcoin ETFs welcomed $192.56 million in inflows, while their ethereum counterparts saw around $2.87 million in net outflows. Blackrock’s IBIT Leads Inflow Gains On Thursday...
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
9.8.2024
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space
Brazilian Regulator Approves Solana Spot ETF
9.8.2024
The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to be approved, is offered by QR and managed by Vortx. It is already in its pre-trading stages. Brazilian SEC Pioneers...
Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
8.8.2024
Ionic Digital's CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim
Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
8.8.2024
OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund
Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours
8.8.2024
Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value has grown from $952,443 to $115.92 million....
JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In
8.8.2024
Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said
Crypto for Advisors: Bitcoin and Lending
8.8.2024
Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
8.8.2024
The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin
Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing
8.8.2024
Algoz will use Zodia's Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency
US Spot Bitcoin ETFs Record $45M Inflows as Ether ETFs See $24M Outflows
8.8.2024
U.S. spot bitcoin exchange-traded funds (ETFs) reported inflows on Wednesday, while spot ether ETFs experienced net outflows. Data reveals that 12 spot bitcoin ETFs collectively gained $45.14 million, whereas $23.68 million exited ethereum ETFs. Spot Bitcoin ETFs Gain, While Ethereum ETFs Shed...
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
8.8.2024
A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield
Nairobi Securities Exchange, Valour Sign MOU to Enable Trade of Digital Asset ETPs in Africa
8.8.2024
Valour Inc. has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) and Sovfi Inc. to facilitate the issuance and trading of digital asset exchange-traded products in Africa. The NSE is hopeful the collaboration will result in better product offerings and a broader...
Metaplanet Arranges Loan to Buy $6.8M of BTC
8.8.2024
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May
Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash
8.8.2024
The transfer involving the NomadBridge exploiter and Tornado Cash highlight the ongoing battle between privacy and regulation in the cryptocurrency industry
Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash
8.8.2024
The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
7.8.2024
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
7.8.2024
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain
Donald Trump Jr. Teases ‘Huge’ Crypto News—Says Defi ‘Is the Future’
7.8.2024
Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing...