How Circle’s institutional Arc blockchain got taken over by memecoins on day one
Circle blockchain Arc's first day was dominated by memecoins, and the traders behind them had already moved on by Thursday morning. Source:CoinDesk
Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business. Source:MarketWatch
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's deltaneutral marketing.…
Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US marketstructure…
Blockchain finance platform Theo launches tokenized silver backed by $40 million in active leases
The onchain finance platform said thSLVR allows investors to retain exposure to silver while earning income from lending the metal to institutional borrowers.…
A LatAm telecom operator is putting part of its finances on Avalanche
Led by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services…
Deutsche Bank close to debuting crypto custody for institutions
The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC. Source:CoinDesk
Live updates: Zcash climbs 6% as majors slide ahead of Fed rate decision
The privacy token is up 130% over 30 days and trades near its alltime highs from 2016, while bitcoin sits at a threeandahalfweek low below $76,000.…
Circle debuts Arc blockchain which Jeremy Allaire calls ‘more consequential’ than USDC
The USDC issuer's chain is built for payments, tokenized assets and institutional finance as banks and payment giants pile into the stablecoin market.…
Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals
U.S. prosecutors allege two engineers used confidential Robinhood token listing data to frontrun announcements using Hyperliquid perpetual futures.…
Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets. Source:CoinDesk
Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the Londonbased payments infrastructure firm at $200 million, CEO Eric Queathem said.…