Blockchain & Digital Assets

April 24, 2025 @ 4:06 am By Omar Faridi  |  

Archax, the UK-based digital asset exchange, broker and custodian, announced that it has opened an entity in the Dubai International Finance Centre (DIFC) under an Innovation License there. This builds on its recently announced expansion into both the EU and US regions, with broker acquisitions… Read More

April 23, 2025 @ 10:20 pm By Tony Zerucha  |  

Tally, a software platform for on-chain organizations, has secured an $8 million Series A funding round led by AppWorks, Blockchain Capital, 1kx and joined by CyberFund, Placeholder, BitGo and Bloccelerat. Tally powers infrastructure for organizations, including Arbitrum, Uniswap DAO, ZKsync, Wormhole, Eigenlayer, Obol, Hyperlane, and… Read More

April 23, 2025 @ 10:10 am By Omar Faridi  |  

Brandon Lutnick, chairman of Cantor Fitzgerald and son of U.S. Commerce Secretary Howard Lutnick, is leading a significant Bitcoin investment initiative. According to a recent report by the FT, Lutnick has recently partnered with key players in the crypto / web3 and investment sectors—SoftBank, Tether,… Read More

April 23, 2025 @ 7:15 am By Tony Zerucha  |  

Spacecoin, a decentralized physical infrastructure network (DePIN) powered by blockchain-enabled low Earth orbit (LEO) satellites, today announced the appointment of Jim Cantrell as a strategic advisor. A founding member (former vice president and Elon Musk’s industry mentor as an aerospace consultant) of SpaceX, and currently… Read More

April 23, 2025 @ 5:59 am By Tony Zerucha  |  

From crypto firms seeking bank charters to Circle’s payment network and energy-hungry centralized cloud systems, Web3 figures comment on the news of the week. STABLE Act driving crypto firms to seek bank charters “Reports that Circle, BitGo, and even Coinbase are considering applying for bank… Read More

April 23, 2025 @ 5:52 am By Omar Faridi  |  

In its first-quarter earnings report released on April 22, 2025, Tesla (NASDAQ:TSLA) confirmed that it held steady with its Bitcoin reserves, maintaining a total of 11,509 Bitcoin throughout the period. The electric vehicle giant did not sell any of its cryptocurrency holdings, however, Tesla‘s holding… Read More

April 22, 2025 @ 10:58 pm By Omar Faridi  |  

In a key move for the crypto derivatives market, the Singapore Exchange (SGX) has announced plans to introduce Bitcoin perpetual futures in the second half of 2025. This development positions SGX as a key player in the growing integration of digital assets into traditional financial… Read More

April 22, 2025 @ 4:45 pm By Omar Faridi  |  

Arca Labs, Tassat Group, Inc., and tZERO Group, Inc. announced the launch of Lynq, a real-time, yield-bearing settlement network powered by a tokenized treasury fund custodied at a special purpose broker-dealer. This announcement comes after more than a year of market engagement, platform development and the… Read More

April 22, 2025 @ 12:33 pm By Omar Faridi  |  

Recent Federal Election Commission (FEC) disclosures show that major cryptocurrency companies and their executives poured significant funds into US President Donald Trump’s $239 million inauguration fund after his 2024 election win. Released on April 20 by the Trump-Vance Inaugural Committee, these filings underscore the crypto… Read More

April 22, 2025 @ 9:36 am By Omar Faridi  |  

On April 21, 2025, Paul Atkins was officially sworn in as the 34th Chairman of the U.S. Securities and Exchange Commission (SEC), marking a pivotal moment for the agency and the cryptocurrency industry. Appointed by President Donald Trump and confirmed by a 52-44 Senate vote… Read More

April 22, 2025 @ 8:53 am By Omar Faridi  |  

On April 21, 2025, stablecoin issuer Circle announced the launch of its  Circle Payments Network (CPN). Unveiled from the company’s headquarters on the 87th floor of One World Trade Center in New York City, this initiative marks a step toward transforming the global payments and… Read More

April 22, 2025 @ 7:46 am By Omar Faridi  |  

Circle and BitGo are preparing to apply for U.S. bank charters, according to a Wall Street Journal report. The report also indicates that digital assets firms Coinbase (NASDAQ:COIN) and Paxos are exploring similar paths, driven by evolving stablecoin regulations and a shifting political landscape under… Read More

April 22, 2025 @ 7:15 am By Omar Faridi  |  

One of South Korea’s largest digital assets exchanges, Bithumb, is reportedly making significant strides toward an initial public offering (IPO) slated for the second half of 2025. In a strategic move to streamline operations and potentially enhance its valuation prospects, the exchange announced plans to… Read More

April 22, 2025 @ 6:49 am By Omar Faridi  |  

Coinbase Derivatives, LLC, a subsidiary of Coinbase Global, Inc. (NASDAQ:COIN), has launched XRP and nano XRP futures contracts, marking a significant expansion of its regulated crypto derivatives offerings. This move, approved by the U.S. Commodity Futures Trading Commission (CFTC), aims to provide both institutional and retail… Read More

April 22, 2025 @ 3:13 am By Tony Zerucha  |  

DeFi Technologies, its subsidiary, Valour, an issuer of exchange-traded products, and SovFi have entered into a strategic partnership with the Nairobi Securities Exchange to design and establish the Kenya Digital Exchange. The proposed Kenya Digital Exchange will be a fully regulated platform dedicated to tokenizing real-world… Read More

April 21, 2025 @ 1:50 pm By Omar Faridi  |  

The rise of cryptocurrencies and decentralized finance (DeFi) has reshaped the financial landscape, offering alternatives to traditional finance (TradFi) while introducing unique risks. A report from the Bank for International Settlements (BIS), titled Cryptocurrencies and Decentralized Finance: Functions and Financial Stability Implications, examines these developments,… Read More

April 21, 2025 @ 12:12 pm By Omar Faridi  |  

Tokyo-based Metaplanet has acquired an additional 330 Bitcoin (BTC), valued at $28.2 million, marking its third purchase this month. The acquisition, executed at an average price of 12.18 million Japanese yen ($85,605 per BTC), comes amid market volatility spurred by U.S. tariff measures. *Metaplanet Purchases… Read More

April 21, 2025 @ 11:11 am By Omar Faridi  |  

In a recent update shared via X, Bybit CEO Ben Zhou revealed that approximately 27.59% of the $1.4 billion in cryptocurrency stolen from the exchange has become untraceable, marking a significant development in one of the largest hacks ever to hit a centralized crypto exchange…. Read More

April 21, 2025 @ 10:15 am By Omar Faridi  |  

Taxbit notes that the rise of stablecoins—digital assets pegged to stable values like the U.S. dollar—has transformed the financial landscape, offering efficiency, accessibility, and stability in transactions. However, this innovation comes with a complex regulatory environment, particularly in the United States. As governments and regulatory… Read More

April 21, 2025 @ 10:08 am By Omar Faridi  |  

Coinbase has (NASDAQ:COIN) has shared some comments after Oregon’s Attorney General, Dan Rayfield, filed a securities enforcement action against the company. This lawsuit basically revives arguments previously dismissed by the U.S. Securities and Exchange Commission (SEC), marking a contentious return to what Coinbase describes as… Read More