Technology
Crypto
VanEck reports surge in Bitcoin interest amid growing institutional, sovereign adoption
Despite a slump in on-chain activity, Bitcoin adoption is faster than last year, fueled by new key factors.
Stablecoins
Terraform Labs secures court approval to wind-down operations after settling with SEC
US Bankruptcy Judge Brendan Shannon approved Terraform's bankruptcy plan in Wilmington, Delaware, giving a green light to the wind-down.
Crypto
TON blockchain sees explosive 3,435% growth in daily active addresses over 2024
TON registered significant year-to-date growth in various on-chain activity metrics, together with a soaring TVL.
Crypto
Analysts predict Bitcoin volatility spike as market aligns like a ‘coiled spring’
Glassnode and FalconX highlight a 'coiled spring' setup in Bitcoin, driven by compressed price ranges and increased liquidity.
Crypto
Institutional players drive crypto adoption in South Korea, Hong Kong — Chainalysis
Tech sophistication and a friendly regulatory framework are the key reasons behind the institutional movement in the Eastern Asia.
Crypto
WisdomTree introduces Ethereum-based tokenization platform for its customers
WisdomTree's goal is to gather interest from B2B and B2B2C customers, with plans to integrate the tokenized RWA with dApps.
Crypto
BlackRock calls Bitcoin a ‘unique diversifier’ in document sent to clients
Despite acknowledging the risky nature of Bitcoin, the 9-page document highlights the asset strength as a reliable alternative reserve.
Regulation
FTX auditor fined $2 million by SEC to settle negligence allegations
The settlement is related to two FTX audit reports from February 2021 to April 2022 where the SEC found traces of negligence.
Regulation
SEC commissioners argue securities laws are unnecessary in Flyfish NFT case
Peirce and Uyeda claimed that the Howey Test is not applicable to the NFT collection sold by the dining establishment.
Stablecoins
Circle integrates USDC in Brazil and Mexico via national payment systems
This movement will allow users to buy USDC directly using Brazilian Reais and Mexican Pesos, reducing conversion costs to U.S. dollars.
Crypto
Potential for Bitcoin volatility caused by rate cuts is quite high — Bitfinex
Sell-off after rate cuts, nearing resistance, and overall bullish indicators paint Bitcoin's landscape this week, according to analysts.
ETF
Bloomberg analyst refutes controversial allegations against Coinbase, says BlackRock is ‘not messing around’
Eric Balchunas stated that BlackRock would act if they discovered that Coinbase is "screwing around" with their Bitcoins.