Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield
The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets...
Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto
Financial advisors looking for clarity on crypto from the SEC’s new Custody Rule won’t get everything they want from...
Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet
The official announcement was made Thursday at the Bitcoin 2023 conference in Miami Beach, Florida.
XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor
Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP...
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
Early morning gains for the crypto were quickly erased in Thursday afternoon trading.
Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet
The Chinese rig maker's new model can deliver 320 TH/s, outperforming competitor Bitmain's equivalent machine lineup.
Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem...
Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular
Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.
Galaxy Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up
In 2022, “DeFi performed exceedingly well while CeFi and some traditional methodologies for transacting had some challenges,” Jason Urban,...
Hector Network Fight Centers on Efficacy of DAO Governance
The Olypmus DAO fork is debating whether to tack on some of the hallmarks of a conventional corporation –...
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect...
Ledger Continues to Defend Recovery System, Says It’s Always ‘Technically’ Possible to Extract Users’ Keys
"Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always...
Filecoin Price Drops After SEC Asks Grayscale to Withdraw FIL Trust Application
Grayscale announced last month that the SEC suggested FIL might be a security.
USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default
Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase...
The Risks and Rewards of High-Frequency Crypto Trading
High-frequency trading can be lucrative in newer markets like crypto, but HFT is not without its unique risks.