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Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter

[Jul 31, 2023 10:07 AM] The company said its operational profits exceeded $1 billion in Q2 this year.

Barbie's Margot Robbie Has a Take on Bitcoin, Says It's a Ken Thing

[Jul 31, 2023 9:45 AM] MicroStrategy's Michael Saylor took the connection a bit further, tweeting that "Bitcoin is Big Ken Energy."

Larry Fink Got 'Orange-Pilled', Says Galaxy Digital's Mike Novogratz: Bloomberg

[Jul 31, 2023 9:20 AM] Galaxy Digital CEO Mike Novogratz said Fink is "the most important thing that happened this year in bitcoin."

Crypto Firms Raised $129M Last Week, Led by Flashbots

[Jul 31, 2023 6:49 AM] The startup, focused on maximal extractable value (MEV) in blockchain transactions, raised $60 million in funding.

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

[Jul 31, 2023 3:33 AM] The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles

[Jul 30, 2023 2:25 PM] Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug…

Ripple Report Foresees Blockchain Saving Financial Institutions $10 Billion By 2030

[Jul 30, 2023 6:54 AM] Blockchain technology is continually reshaping the financial industry, offering promising transformations in transaction processing. Its potential is immense, as outlined in a recent report by digital payment network Ripple in collaboration with…

Double Standards in Finance: SBF’s Legal Troubles Spark Concerns

[Jul 29, 2023 2:30 AM] Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces…

Arbitrum DAO’s First Grants Programs Take Shape

[Jul 28, 2023 2:25 PM] Two governance proposals are collectively requesting nearly $5 million worth of ARB tokens to launch grants programs.

Despite Uproar, Crypto Bounties to Unmask Bad Actors Starts to Get Traction

[Jul 28, 2023 9:44 AM] Arkham customers are seeking to identify whomever was behind FTX and Wintermute’s huge hacks as well as an alleged meme-coin rug pull.

Near to Help Colombian Web3 Social Network Blumer Build Token Infrastructure

[Jul 28, 2023 5:45 AM] Users will be able to convert Blumer tokens for other cryptocurrencies and withdraw to wallets.

Memecoin-Focused Crypto Casino Coco Makes a Cracking Debut, Hits $36M in Volume

[Jul 28, 2023 5:23 AM] A new crypto casino inspired by the Milady NFT project has rolled out on the Ethereum blockchain, with transaction volume hitting $36 million in the first 12 hours after its release.

Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg

[Jul 28, 2023 1:53 AM] The UAE-based firm is developing one of the region’s largest mining facilities.

Grayscale Urges Equal Treatment for All Spot Bitcoin ETF's in Letter to SEC

[Jul 27, 2023 4:10 PM] If the SEC decides to change course and approve one or more of of the current spot bitcoin ETF applications, “it must do so in a fair and orderly manner,” the statement said.

Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ

[Jul 27, 2023 3:29 PM] The vaunted VC firm told investors earlier in the year it would shrink the fund to reflect a changed market.

Worldcoin Could Enable Wider Distribution of Crypto Than Even Bitcoin, Says CoinFund

[Jul 27, 2023 11:15 AM] Worldcoin could onboard "billions of users" into crypto, said CoinFund.

Unblocking Crypto: How to Access The Asset Class

[Jul 27, 2023 9:45 AM] Since many options are available for digital asset investment and we see more digital asset investment vehicles, now is a great time to start. Understanding the choices available for will help clients of advisors plan how to support them.

Worldcoin Hype Causes Optimism to Leapfrog Arbitrum in Daily Transactions

[Jul 27, 2023 8:58 AM] Layer-2 blockchain Optimism has surpassed Arbitrum in daily transaction volume for the first time in six months, according to Dune Analytics.

Coinbase, a16z-Backed 'Cash-Like' Crypto Wallet Beam Goes Live

[Jul 27, 2023 7:00 AM] Where most wallets require signing up, performing a degree of KYC checks, Beam users can send payments simply by using a link to a QR code. Thus it is aiming to create the closest possible equivalent to using crypto like cash.

Crypto Broker Hidden Road Collaborates With Confidential Exchange Enclave Markets

[Jul 27, 2023 7:00 AM] Enclave’s Fully Encrypted Exchange, or FEX, creates a confidential trading environment rather like a dark pool in traditional markets.

Amazon Expands Managed Blockchain Services

[Jul 27, 2023 7:00 AM] The tech giant moves deeper into Web3 infrastructure with AMB Access and Query services for developers.

Asset Tokenization in Europe Gets a Boost With Securitize's Landmark Tokenized Equity Issuance

[Jul 27, 2023 6:00 AM] The firm started issuing tokens representing equity in a Spanish real estate investment trust under Spain’s new digital asset supervision.

Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn

[Jul 27, 2023 5:42 AM] Rocket Pool, a decentralized Ethereum-based staking service, experienced its largest daily redemption of its rocketpool ether (rETH) token this week, with one trader redeeming $12.3 million worth of the token before sending it to Binance.

Russia to Launch Digital Ruble Transactions With Real Users in August

[Jul 27, 2023 5:30 AM] Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated…

For Crypto Investors Down Bad in Hector, the DAO Can’t Die Fast Enough

[Jul 26, 2023 3:28 PM] Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner.

Private Banking Firm With $14B Assets Starts First Crypto Fund of Spain

[Jul 26, 2023 2:57 PM] The fund will be accessible to professional investors only and will be audited by PwC.

RFK Jr. Confirms Recent Bitcoin Purchases

[Jul 26, 2023 2:52 PM] The U.S. presidential candidate said her purchased two bitcoin for each of his seven children.

A Wall Street (Crypto) Analyst’s Take on ChainLink: Crypto Long & Short

[Jul 26, 2023 10:00 AM] If the LINK token were a stock, here’s what an analyst might say.

Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets

[Jul 26, 2023 8:00 AM] The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens.

DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing

[Jul 26, 2023 6:46 AM] The decentralized finance (DeFi) sector has endured a turbulent month, as transaction volume plummeting alongside a series of hacks and exploits.