Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
[Jun 10 9:18 AM] Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.
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Squads Labs Raises $10M Series A, Unveils Smart Wallet for Public Testing on iOS
[Jun 10 8:24 AM] The funding round led by Electric Capital included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder.
Crypto Custody Firm Fireblocks Partners With Coinbase International Exchange for More 'Reliable' Trading
[Jun 10 8:00 AM] Fireblocks customers can now connect to their Coinbase International Exchange account and protect exchange operations using the custody tech firm’s governance and policy rules.
Defi Protocol UwU Lend Suffers $19.3M Exploit: Arkham
[Jun 10 7:27 AM] Lending and liquidity protocol Uwu Lend has suffered an exploit worth $19.3 million, according to several blockchain security firms.
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
[Jun 10 7:00 AM] The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets.
Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind
[Jun 10 5:00 AM] Crypto lending firm Ledn survived the crypto winter by being "boring, slow and safe," according to a co-founder.
Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners
[Jun 10 4:18 AM] Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.
Iggy Azalea Says MOTHER Tokens Can Soon Be Used to Buy Phones
[Jun 10 1:46 AM] Monthly plans on the purported mobile service provider range from $20 to $80 as of Monday.
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
[Jun 8 12:30 PM] U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $168 million. Consistent Inflows…
Roaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge
[Jun 8 11:15 AM] On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25 minutes late and covered in bandages. Gamestop shares tumbled 39.38% on Friday after being halted multiple times during his…
Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations
ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000
Customers Bank Said to Debank Some Digital Asset Hedge Funds
[Jun 7 8:07 AM] The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High
[Jun 7 6:37 AM] Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.
Report: Kraken Considers IPO Amid Renewed Investor Interest
[Jun 6 3:45 PM] Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the…
Bitcoin Mining Stocks Soar Amid Takeover Frenzy
[Jun 6 1:54 PM] The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts.
Iggy Azalea's MOTHER Meme Coin Turned $3K Into $9M for 1 Lucky Crypto Trader
[Jun 6 11:47 AM] The raunchy rapper's token has spawned fortunes and furor over celebrity cryptocurrencies.
Kraken Said to be Raising Over $100M Pre-IPO Funding: Bloomberg
[Jun 6 11:38 AM] Kraken is looking to raise more than $100 million and this may be completed by the end of this year, Bloomberg reported.
Franklin Templeton Enables USDC Conversions on Benji Investments Platform
[Jun 6 11:22 AM] Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets…
Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs
[Jun 6 10:13 AM] On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds…
Coinbase Wallet Adds Crypto Trading Alerts From Notifi
[Jun 6 10:00 AM] Notifi will deliver notifications to users of the Coinbase wallet.
Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report
[Jun 6 8:55 AM] The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported.
The Sandbox Raises $20M at $1B Valuation, SAND Rises 4.5%
[Jun 6 7:54 AM] Metaverse platform The Sandbox has raised $20 million at a $1 billion valuation as it looks to enhance its user-generated multiplayer gaming platform.
Binance Resumes Mastercard Payments for Crypto
[Jun 6 6:33 AM] As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange.
Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal
[Jun 6 6:27 AM] Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month.
Core Scientific Rejects CoreWeave's Over $1B Buyout Offer
[Jun 6 6:25 AM] Core Scientific’s board believes that CoreWeave’s offer to buy the bitcoin {{BTC}} miner for $5.75 per share significantly undervalues the firm.
Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.
[Jun 6 5:00 AM] Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday.
New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel
[Jun 5 6:21 PM] Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the Texas Stock Exchange (TXSE) in Dallas. This new exchange will provide a platform to trade and list public companies…
Paxos Unveils Yield-Generating Stablecoin Lift Dollar
[Jun 5 10:30 AM] USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols
[Jun 5 10:10 AM] "Once you get hacked in most of the cases you're done," CEO Dadosh said. "And this is what we're trying to prevent."