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Tether Boosts Stake in Juventus to Over 10%

Tether, the issuer of the world’s largest stablecoin, has raised its stake in the Juventus Football Club to over 10% after expanding its stake in the Italian giant earlier this month. This latest move gives Tether Investments S.A. de C.V., the firm’s …

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Polygon Starts Aggregator Program, Successful Projects Will Airdrop Up to 15% Native Token to POL Stakers

Polygon has launched the Agglayer Breakout Program to support projects building on the Agglayer and Polygon proof-of-stake (PoS) ecosystems in a boost for POL token stakers. The program combines incubation and community-focused funding to help …

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Ether.fi Pivots to Become Neobank, Rolls Out Cash Cards in U.S.

Restaking protocol Ether.fi said it plans to add banking services that will see it become a decentralized finance (DeFi) neobank. The ether.fi app will give users the experience of a traditional fintech app, allowing them to spend, save and earn …

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Crypto Trading Supercharges Digital Bank Revolut’s Profit to Over £1B in 2024

Digital bank Revolut’s profits surpassed 1 billion pounds ($1.33 billion) in 2024, thanks in part to a big jump in revenue from cryptocurrency trading. The London-based fintech group’s wealth revenue increased 298% from 127,139 pounds to just over …

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Theo Raises $20M to Bring Wall Street-Grade Trading Tools to Crypto

Crypto trading infrastructure startup, Theo, has raised a $20 million round co-led by Hack VC and Anthos Capital. Other participants included crypto-native firms and individual investors affiliated with traditional trading companies such as Citadel …

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Cantor Equity Shares Surge 55%, Jump Another 15% Pre-Market on Bitcoin SPAC Deal Buzz

Shares of Cantor Equity Partners (CEP) surged 55% on Tuesday and are up an additional 15% in pre-market trading, trading below $19. The skyward movement was driven by investor optimism around its proposed merger with Twenty One Capital a bitcoin …

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Shiny New ZORA Token Loses Its Spark as Traders Remain Wary of VC-Backed Tokens

Zora’s much-hyped ZORA token launch was meant to be a celebration — a “fun” moment for its community, and a supposed triumph for the tokenization of content creators everywhere, with strong demand expected for the Coinbase Ventures-backed …

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FBI Says Americans Lost $9.3B to Crypto Scams in 2024

Americans reported a record $9.3 billion in losses to cryptocurrency-related crimes in 2024, according to a report by the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3). The losses represent a 66% jump from 2023 and …

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Binance to Offer Crypto Asset Managers ‘Fund Accounts’ That Mirror TradFi Trading

Binance, the world’s largest cryptocurrency exchange, is offering digital asset managers special accounts that allow pooling of their investors’ assets to make crypto fund management operations feel more like a traditional finance experience. The …

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Portofino Technology’s General Counsel and Compliance Head Is Latest Senior Exec to Exit

Celyn Armstrong, general counsel and head of compliance at crypto market maker Portofino Technologies, is the latest senior member of staff to leave the firm. He follows Mark Blackborough, the company’s former chief financial officer, who also …

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