Tether Reorganizes Into 4 Divisions as It Expands Beyond Stablecoins
[Apr 18 5:15 AM] The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation).
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USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns
[Apr 18 2:10 AM] Cryptocurrency data provider CryptoQuant has said that holders of Ethena Labs' USDe stablecoin should monitor the project's reserve fund to avoid risks related to the potential of a negative funding rate.
Binance Could Come Back to India by Paying $2M Fine: Report
[Apr 18 12:39 AM] The exchange could return as a FIU-registered firm after paying the fine, the report added.
Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF
[Apr 17 1:34 PM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as…
Time to Take the Reins on Tokenization, or Risk Missing Out
[Apr 17 10:00 AM] Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Global Head of Digital Assets at DTCC.
Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund
[Apr 17 9:00 AM] ZIGChain's ecosystem fund is backed by DWF Labs.
Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment
[Apr 17 8:09 AM] CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
[Apr 17 8:00 AM] The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.
OKX 'OG' Execs Tim Byun and Wei Lan Leave Crypto Exchange
[Apr 16 1:26 PM]
Max Boonen's PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds
[Apr 16 7:55 AM] The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.
Homium Raises $10M and Tokenizes Home Equity Loans on Avalanche
[Apr 16 7:00 AM] The loans are currently live in Colorado and plan to extend to other states.
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
[Apr 16 3:53 AM]
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love
[Apr 15 1:40 PM] At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency.
Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform
[Apr 15 1:36 PM] Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for…
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
[Apr 15 12:34 PM] Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these…
ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate
Gold and Silver Weather the Storm as Middle East Unrest Shakes Crypto Markets
[Apr 14 11:37 AM] Over the weekend, cryptocurrency assets saw a significant drop, with the crypto economy shedding more than 5% to fall to $2.3 trillion, while precious metals also saw declines, albeit less severe than the digital currency sector. Amidst the ongoing…
US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
[Apr 14 10:34 AM] Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held…
Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease
Deutsche Bank Survey: Over Half Expect Crypto to Become ‘Important’ Asset Class and Payment Method
[Apr 12 8:22 PM] A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect the price of bitcoin to be above $75,000 by year-end. Deutsche…
$10.5 Trillion Asset Manager Blackrock’s Spot Bitcoin ETF Now Holds 270K BTC
[Apr 12 6:31 PM] Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares…
Sources Say Hong Kong Set to Approve First Spot Bitcoin ETFs as Early as Monday
TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram
[Apr 12 3:35 AM] HashKey and the Foundation are focussing their partnership on Hong Kong in the first phase.
A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
[Apr 11 10:00 PM] "A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum.
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
[Apr 11 2:49 PM] Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.
Chaos at MarginFi Shakes up Solana DeFi's Borrow-and-Lend Landscape
[Apr 11 12:03 PM] Solend and Kamino were the biggest winners in the Solana DeFi landscape.
43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million
[Apr 11 11:36 AM] Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects…