Binance has teamed up with Spain’s BBVA to let customers store their assets off the exchange, a move aimed at boosting investor confidence nearly two years after the company paid a record $4.3 billion US fine. Key Takeaways: Binance partnered with BBVA to offer off-exchange asset custody, aiming to boost investor trust. Client funds will…
Union Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning to Bitcoin mining, per an Aug. 7 statement. According to the firm, the move is focused on harnessing the natural gas from its West Newton site in East Yorkshire to generate electricity for…
SharpLink Gaming has raised $200 million from institutional investors in a direct stock offering to further fuel its Ethereum (ETH) buying spree and take its holdings beyond $2 billion. The funding round, expected to close Aug. 8, was priced at $19.50 per share and led by A.G.P./Alliance Global Partners. Societe Generale acted as co-placement agent,…
Momentum is building on the Solana network, with fresh on-chain records pointing to renewed strength beneath the surface. As altcoin season sentiment picks up, Solana has logged its highest-ever monthly non-voted transactions and transactions per second, signaling a sharp rise in real network usage. Despite still trading more than 75% below its all-time high, these…
President Donald Trump will sign an executive order today directing federal regulators to ease legal pathways for 401(k) plans to include private equity, real estate, crypto, and other alternative assets. As Bloomberg reported, the directive tasks the Department of Labor with reevaluating fiduciary guidance under the Employee Retirement Income Security Act (ERISA) and coordinating with…
The stablecoin sector achieved another milestone in July, with total market capitalization reaching a new all-time high of $261B, representing a 4.87% monthly increase. This achievement extends an unprecedented twenty-two consecutive months of growth for the stablecoin market. $1.60T Trading Volume Powers July’s Stablecoin Market Growth According to the latest Stablecoins & CBDCs Report from…
President Donald Trump is preparing to sign a sweeping executive order on Thursday that would open the doors for 401(k) retirement plans to include exposure to private equity, real estate, cryptocurrency, and other alternative assets. Key Takeaways: Trump’s executive order will allow 401(k) plans to include crypto, real estate, and private equity. Regulators like the…
DL Holdings has unveiled a HK$653.3 million ($83.2 million) capital raise to fund a broad push into blockchain and crypto-related ventures, an announcement that sent its shares down more than 8% on Thursday. Key Takeaways: DL Holdings is raising $83.2M to fund blockchain and crypto ventures through a share placement deal. The move dilutes 13.6%…
PancakeSwap has introduced futures contracts tied to major U.S. stocks, enabling users to trade synthetic versions of Apple, Amazon, and Tesla shares directly on the blockchain, according to an Aug. 5 release. The new feature, live from Aug. 5, allows crypto users to open leveraged long or short positions using only a self-custodied wallet. Trades…
XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of the region’s key crypto hubs. This resurgence comes as the token’s price has remained relatively bound around the $3 mark over the past month, coinciding with the continued expansion of the XRP Ledger’s…