As Justin Sun takes control of the system and introduces its own wrapped bitcoin currency, Coinbase will delist wBTC
On Tuesday, Coinbase declared that it will stop trading wrapped bitcoin, or wBTC, the following month. The biggest tokenized form of Bitcoin that is traded on Ethereum and other blockchains…
Paxos, a stablecoin issuer, wants to acquire Membrane Finance in order to reach EU markets
The Finnish regulated electronic money company Membrane Finance has agreed to be acquired by stablecoin issuer Paxos. The business would become a fully licensed EMI in the EU if the…
OpenLayer, a crypto-AI firm, raises $5 million from former Robinhood workers
Three former Robinhood employees co-founded the crypto-AI startup OpenLayer, which has raised $5 million in its first round of funding. Undisclosed angel investors from cryptocurrency projects including EigenLayer, AltLayer, Puffer…
Wall Street behemoths are buying up MicroStrategy stock as it has outperformed bitcoin so far this year
Since August 2020, when business intelligence firm MicroStrategy emerged as the largest corporate holder of bitcoin, it has been regarded as a kind of proxy for the cryptocurrency. Following a…
In the most recent development for the cryptocurrency platform developed by ICE, Donald Trump’s social media organization is in negotiations to acquire Bakkt
Donald Trump’s social media company Truth Social is reportedly in “advanced talks” to acquire crypto platform Bakkt. If closed, the all-stock deal would see the president-elect’s Trump Media and Technology…
‘Rewards-bearing’ is explained by Binance The BFUSD asset has not released and is not a stablecoin
On Monday, Binance revealed BFUSD, a new currency that some observers claimed resembled a high-yield stablecoin. Despite the “USD” suffix in its name, the cryptocurrency exchange giant later emphasized that…
Bitcoin Depot, a crypto ATM provider, reported $135.3 million in sales for the third quarter
The financial figures for the third fiscal quarter of 2024 were made public by Bitcoin Depot, a crypto ATM manufacturer with headquarters in Atlanta. The company reported $135.3 million in…
After a successful hacker negotiation, DeFi Di Thala retrieves $25 million
On Friday, a hacker exploited the decentralized system Thala, which is based on Aptos, to take over $25.5 million worth of tokens out of its liquidity pools. Fortunately, Thala was…
Due to a favorable regulatory climate and ETF filings, XRP has increased by more than 20%
In a dramatic move for the cryptocurrency, the price of Ripple’s XRP token has surged by around 25% in the past day to hit its highest level since November 2021….
As the memecoin frenzy continues to drive network activity, 89% of new token releases are powered by Solana
With 89% of new tokens opting to launch on the network, Solana continues to dominate new token activity, even as Bitcoin makes headlines with new price milestones. Given that the…
Amid a surge in venture capital, Portal Ventures obtains $75 million to invest in pre-seed cryptocurrency firms
On Thursday, the venture capital firm Portal Ventures revealed on X that it is about to launch a $75 million fund that would be used to invest in pre-seed cryptocurrency…
To “allow the tokenization of anything,” Tether introduces the RWA platform
On Thursday, Tether, the company that issues stablecoins, announced the debut of Hadron, a platform for tokenizing real-world assets that will let users tokenize “anything.” From simple reference goods like…
‘Smart transactions’ are revealed by Ethereum researchers to bring the World Computer to life
Vlad Zamfir, a pioneer in Ethereum research, is starting a new project called Smart Transactions that will open a “time machine” and allow for “hybrid applications.” To put it briefly,…
The FBI seizes the Polymarket CEO’s phone and equipment: report
The New York Post reported, citing an unidentified source, that Polymarket CEO Shayne Coplan’s phone and equipment were confiscated by the FBI on Wednesday. A later piece by Bloomberg claims…
According to rumors, a 25-year-old crypto influencer’s body was discovered in a park in Montreal
According to local media, Canadian police have determined that a body discovered in a park in Montreal is that of 25-year-old cryptocurrency influencer Kevin Mirshahi. Police have now located and…
Analysts at Copper.co predict that Bitcoin might reach its peak in 200 days, which is consistent with forecasts of the US recession
Based on past statistics, analysts at Copper.co predict that the price of bitcoin may peak by the end of May. In a research published Tuesday, the experts looked at the…
Huma Finance, a “PayFi” business, aims to broaden its trade financing offerings by expanding to Solana
To enhance its “instant liquidity solution,” Huma Finance, an EVM-based payment finance network, is launching on Solana. A program that offers authorized investors larger rates is launched at the same…
Canary Capital applies for the first-ever Hedera HBAR spot ETF to the SEC
Canary Capital is the first company to file for a Hedera spot exchange-traded fund with the U.S. Securities and Exchange Commission. On Tuesday, the cryptocurrency investment firm submitted an S-1…
After the spectacular bitcoin advance, Microstrategy’s stock reaches a new all-time high of almost $340
According to NASDAQ data, the share price of business intelligence company Microstrategy hit a record high of $350 on November 11. Monday’s unprecedented price climb for bitcoin coincides with the…
Call premiums on the bitcoin market have gone higher as traders wager on post-election gains
According to an analyst, traders of bitcoin options are paying high premiums for call options, which suggests that they are becoming increasingly optimistic about the future price increases of the…