Ripple accomplished its US$1.25 billion acquisition of prime dealer Hidden Street, which will probably be rebranded as Ripple Prime and provide multi-asset clearing, financing and brokerage providers. Ripple executives view the deal as transformative for XRPL and XRP, with Ripple Prime set to make use of the ledger for settlementsContinue Reading
JPMorgan will enable institutional purchasers to make use of Bitcoin and Ethereum as collateral for loans, alongside crypto-backed ETFs, representing a big coverage reversal. CEO Jamie Dimon beforehand referred to as Bitcoin a “pet rock” and advocated for presidency shutdown of crypto, however has not too long ago softened hisContinue Reading
OKX launched Rubix, a modular resolution enabling regulated establishments to combine digital-asset companies with out overhauling techniques. The platform connects buying and selling, custody, and settlement to present workflows, serving to companies broaden into digital property beneath compliance management. Rubix is now reside throughout a number of areas, providing scalableContinue Reading
BIP-444 proposes a brief gentle fork to strictly restrict non-monetary information storage on Bitcoin for about one 12 months. It caps information dimension, successfully blocking giant inscriptions like Ordinals, to protect scarce block house for funds. The neighborhood is split over Bitcoin’s goal: a cash community versus a censorship-resistant ledgerContinue Reading
Kyrgyzstan formally launched KGST, a stablecoin pegged 1:1 to the som, as a part of a legislative package deal referred to as the “digital storm.” The nation can be piloting a separate Central Financial institution Digital Foreign money (CBDC), the “digital som,” which might be examined in three phases forContinue Reading
Swyftx’s fifth Annual Crypto Survey has discovered 40% Aussies aged underneath 35 remorse not shopping for Bitcoin a decade in the past. The survey additionally discovered {that a} third of Gen Zs now personal Bitcoin, excess of the final inhabitants the place the possession fee is round 20%. Swyftx CEO,Continue Reading
Forte Tech Options has accomplished Australia’s first tokenisation of presidency bonds, value US$2 million (AU$3.07 million), underneath the RBA’s Venture Acacia. The pilot, performed with CoinSpot, makes use of Forte’s AUDF stablecoin and a brand new on-chain Supply-versus-Fee framework for near-instant bond settlement. Venture Acacia brings collectively regulators, main banksContinue Reading
Trump’s pardon of Binance founder Changpeng Zhao ends a year-long authorized saga and indicators a friendlier stance on crypto regulation. The choice follows in depth lobbying and comes amid rising hyperlinks between Binance and the Trump household’s crypto enterprise. Lawmakers from each events have criticised the transfer, warning it dangersContinue Reading
T. Rowe Value, a century-old monetary big managing US$1.8 trillion in belongings, has filed for an actively managed crypto exchange-traded fund together with Bitcoin, Ethereum, Solana, XRP, Cardano, Litecoin and others. The transfer is important as a result of T. Rowe Value solely entered the ETF sector in 2020 andContinue Reading
An amended lawsuit accuses Meteora and co-founder Ben Chow of operating a “liquidity lure” scheme across the LIBRA and MELANIA memecoins utilizing a pump and dump playbook. The grievance alleges that defendants leveraged Melania Trump and Argentinian President Javier Milei’s public personas for legitimacy to market the tokens, which subsequentlyContinue Reading
