Crypto

Crypto exchange OKX Europe has acquired a Malta-licensed firm with a Markets in Financial Instruments Directive II (MiFID II) license, bringing it a step closer to offering regulated derivatives products throughout Europe, the firm said in a statement on Wednesday. The entity is expected to become operational later this year, once the exchange gets approval … Read more

Despite recent acknowledgements by the Securities and Exchange Commission (SEC) on several spot crypto exchange-traded fund (ETF) applications, the agency is unlikely to make any decisions approving these products until its leadership is settled. “I would have been very very surprised if they approved any of these filings before [Paul] Atkins was confirmed at their … Read more

The long-running legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could soon reach a resolution, Fox Business reported, citing “two well-placed sources.” The case, which has dragged on since December 2020 when the SEC accused Ripple of raising over $1.3 billion through unregistered sales of its closely related XRP token, … Read more

U.S.-based digital asset data provider Lukka has teamed up with CoinDesk Indices to integrate the Composite Ether Staking Rate (CESR) into its offerings. The CESR will capture the mean annualized staking yield earned by Ethereum validators including consensus incentives and priority transaction fees. Financial institutions, asset managers and analysts can use the CESR as a … Read more

Bitdeer Technologies (BTDR) boosted its bitcoin (BTC) holdings by almost 75% in two months by redirecting some of its mining rigs to self production after customers asked to delay payments for the SEALMINER A2 units during the largest cryptocurrency’s price decline. The Singapore-based company’s holdings rose to 1,039 BTC as of February 2025, up from … Read more

EMB: March 12, 16:00 UTC Modular blockchain Hemi Labs’ unveiled its mainnet with $440 million in total value locked (TVL). Hemi, founded by early Bitcoin developer Jeff Garzik, plans to unify Bitcoin and Ethereum, the two oldest and largest blockchains, into “a single supernetwork,” according to an emailed announcement. Hemi is built on both Bitcoin … Read more

As controversy swirled around the Ethereum Foundation (EF) this winter, one of Ethereum’s most respected architects was quietly plotting his next move. Danny Ryan—a key visionary behind Ethereum’s most ambitious upgrade, “The Merge”—left the EF in September but entered talks a few months later to rejoin the organization as its new leader. “I was in … Read more

Many investors dismiss BNB as simply “the Binance coin,” but that designation fails to recognize its broader value unlocks. While BNB was initially launched as the native token of the Binance Chain (now the BNB Smart Chain), and its early token burns were tied to Binance’s quarterly profits, BNB is evolving into a decentralized asset … Read more

Crypto markets have recently dropped to their lowest prices in three months, reversing most of the gains following Trump’s U.S. presidential victory. Bitcoin had been holding up relatively well until the $92,000 level, which had been holding as support since November 2024, was broken. The price then rapidly fell to $80,000, where it found support. … Read more

Crypto exchange giant Binance said on Wednesday that Abu Dhabi-based investment firm MGX invested $2 billion in the company. The investment marks the first institutional placement in the exchange and it’s also the first digital asset-focused investment for MGX, according to a press release. The investment was made in stablecoins, the statement noted, though it … Read more

The U.S. Treasury market is experiencing its highest volatility in four months, potentially jeopardizing an expected bitcoin (BTC) price recovery. U.S. inflation data for February came in softer-than-expected, strengthening the case for Federal Reserve interest-rate cuts. The reading encouraged some analysts to forecast a bitcoin price recovery to $90,000 and higher. It’s currently around $82,000. … Read more

Until the new presidential administration took office, the digital asset industry was embroiled in an existential showdown with the U.S. Securities and Exchange Commission. For years, the SEC waged a scorched-earth regulation-by-enforcement campaign against the digital asset industry and its most-used platforms for failing to adhere to confusing — or non-existent — rules about what … Read more

Bolivia’s state energy company YBFB will use cryptocurrency to pay for energy imports, according to a Reuters report. YBFB hopes that using crypto will be a direct solution to the nation’s shortage in U.S. dollars and foreign currency reserves. The shortage comes alongside a fuel crisis spurred by a lack of natural gas exports, which … Read more

The Bank of Russia has submitted proposals to the government for a controlled experiment allowing a “limited group of Russian investors” to trade cryptocurrencies, based on a directive from the country’s President Vladimir Putin. The plan would introduce an experimental legal regime (ELR) lasting three years wherein “particularly qualified” investors would be allowed to conduct … Read more