Justin Sun bailed out Techteryx's TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and the stablecoin issuersaid in Hong Kong court documents. An excerpt of the writ ...
Sumitomo Mitsui Financial Group (SMBC), one of Japan's largest banking groups, is the latest financial giant to delve into stablecoins as the market for the $230 billion asset class is soaring with regulations being laid down globally. The banking ...
Bitfarms (BITF) announced an initial agreement for a private debt facility of up to $300 million with Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Küresel Markets. The funding will support Bitfarms’ initial ...
Crypto asset manager Grayscale has listed two new exchange-traded funds (ETFs) that offer investors a differentiated source of income through bitcoin's (BTC) characteristic volatility. The two New York Stock Exchange-listed funds will start trading ...
The Trump administration's formation of a U.S. Strategic Bitcoin Reserve might have China re-thinking its hardline stance against crypto and that could be key for accelerated küresel adoption of BTC, asset manager Grayscale said in a research report ...
Avara, the parent company of decentralized finance (DeFi) platform Aave, has simplified its self-custody Family Wallet by replacing complicated seed phrases with emails and SMS, making wallet creation and recovery painless in a bid to onboard more ...
Need evidence of the drastic change in the crypto market sentiment lately? Look no further than Deribit's options market, where the $80,000 bitcoin (BTC) put option, offering downside protection below the said level, is now the most popular bet. It's ...
CME Group (CME) saw record activity in its cryptocurrency derivatives markets during the first quarter of the year, driven by increased interest in micro-sized contracts. The company reported average daily volume of 198,000 contracts for crypto ...
Japanese hotel company Metaplanet (3350) has acquired an additional 160 BTC at an average purchase price of 12.5 million yen, approximately ($83,600 per BTC), with a total investment of 1.998 billion yen ($13.4 million). This brings Metaplanet’s ...
BlackRock managed to land on the Financial Conduct Authority's tough crypto register on Tuesday, the regulators website showed. The world's biggest asset manager will be allowed to act as an arranger for iShares Digital Assets AG, which issue ...