The $4 million seed extension round for stablecoin yield products company OpenTrade is led by AlbionVC
In a seed extension round, stablecoin yield products company OpenTrade has raised $4 million. The fundraising was led by AlbionVC, with a16z Crypto and CMCC Global also contributing. OpenTrade, which…
The launch of a tokenized money market fund on the XRP Ledger is announced by Ripple
Ripple declared on Monday that a tokenized money market fund would be available on the XRP Ledger. According to a news statement from Ripple, the launch was made possible by…
After Chair Gensler leaves, SEC Commissioner Jaime Lizárraga will depart the agency
Jaime Lizárraga, a senior leader at the U.S. Securities and Exchange Commission, announced his intention to depart the organization early in the upcoming year. Joe Biden announced his intention to…
As the price of bitcoin drops below $96,000, cryptocurrency liquidations have surpassed $500 million in the last day
As bitcoin retreats from $100,000, cryptocurrency liquidations have surpassed half a billion dollars in the last day. The cryptocurrency liquidations tracker Coinglass reports that as of 2:30 p.m. ET (19:30…
CBOE reports that spot bitcoin ETF index options will launch in December
The first cash-settled index options based on the spot price of bitcoin will be introduced by Cboe Global Markets. These options, which are set to debut on Monday, December 2,…
As the market surges in November, Ethereum’s onchain volume reaches $7.13 billion
The Ethereum daily onchain volume reached $7.13 billion last Friday, November 15, the largest single-day volume of the year. This indicates a rebound in Ethereum’s network activity as the larger…
Truemarkets, a market-based media platform, raises $4 million through a public NFT sale and draws in bidder Vitalik Buterin
With Ethereum co-founder Vitalik Buterin as a buyer, the markets-based news and entertainment company Truemarkets made nearly $4 million from a public NFT sale. Following Polymarket’s success, Truemarkets’ sold-out NFT…
As Gensler announces his retirement from the SEC, XRP soars to a three-year high
Amid the prolonged cryptocurrency market boom and the news of U.S. Securities and Exchange Commission Chair Gary Gensler’s resignation, the price of Ripple’s token soared to its highest level since…
For USDC holders, Coinbase Wallet offers a 4.7% APY return
A new reward system for the USD-pegged stablecoin was unveiled by Coinbase Wallet, the digital wallet platform owned by the massive cryptocurrency exchange Coinbase. The Coinbase-incubated Layer 2 network Base…
A new White House position centered on crypto policy is being considered by Trump’s team: Bloomberg
According to Bloomberg, the team of President-elect Donald Trump is thinking of establishing a position in the White House dedicated to crypto policy for the first time. According to people…
Among the best free iPhone apps, Crypto wallet Phantom rates higher than Instagram and WhatsApp
Phantom, a cryptocurrency wallet app, reached a new peak in the iOS app store on Wednesday. Phantom broke into the top 10 for the first time, ranking ninth among the…
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….