US political change could expose crypto to $20T industry: Bitwise

Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan.

US political change could expose crypto to $20T industry: Bitwise

The crypto space could be exposed to the trillions in the financial advisory industry once United States regulators clear up legal uncertainties, says crypto asset manager Bitwise’s invest...

3 months ago

63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K

Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new "safe haven asset."

63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K

Bitcoin could be on track to the psychological $100,000 mark as the "digital gold" narrative gains more prominence as another banking crisis looms in the United States.  ...

3 months ago

Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility

To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas.

Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility

Bitcoin miner Riot Platforms produced 215 BTC in May, a 43% decrease from last month. The decrease in mining revenue is a direct impact of the April 20 Bitcoin halving o...

3 months ago

How the crypto industry can comply with the Travel Rule

As the FATF introduced new challenges for crypto businesses, industry leaders share insights for potential solutions.

How the crypto industry can comply with the Travel Rule

The debate surrounding the implementation of the Financial Action Task Force’s (FATF) Travel Rule within the crypto sector has highlighted several critical issues. Officially named FATF Re...

3 months ago

M^0 secures $35M Series A round for stablecoin issuance network

As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet.

M^0 secures $35M Series A round for stablecoin issuance network

Decentralized infrastructure provider M^0 has secured $35 million in a Series A round for its stablecoin issuance platform.  Bain Capital Crypto led the funding with existing inve...

3 months ago

Block Earner spared penalty in regulator’s crypto yield suit

The Australian federal court relieved Block Earner from paying a penalty in the local financial regulator’s legal action over unlicensed crypto yield-bearing products.

Block Earner spared penalty in regulator’s crypto yield suit

Australia’s federal court has relieved fintech firm Block Earner from paying a fine despite the court finding it offered a crypto yield-bearing product without a financial services license...

3 months ago

Roaring Kitty’s $300M GME position sparks market manipulation claims

The allegations come weeks after Citron Research revealed its short position in GameStop.

Roaring Kitty’s $300M GME position sparks market manipulation claims

The GameStop (GME) stock position of Keith Gill, known as “Roaring Kitty,” is more akin to market manipulation than traditional investing, according to Citron Research. Cit...

3 months ago

Watford FC to make 10% digital equity shares offering via Republic platform

The English Football League participant aims to sell 10% of the club’s equity to investors and fans and plans to add token trading in the future.

Watford FC to make 10% digital equity shares offering via Republic platform

The professional English football team Watford Football Club, commonly known as Watford FC, is initiating a digital equity sale comprising approximately 10% of its shares. The nearly 1...

3 months ago

Polygon Labs acquires Toposware, pushing total ZK investment to $1B

The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology.

Polygon Labs acquires Toposware, pushing total ZK investment to $1B

Polygon Labs has acquired blockchain research and engineering firm Toposware, marking its third investment in zero-knowledge (ZK) startups over the past three years.  Toposware ha...

3 months ago

Solana emerges as an institutional favorite following PayPal USD launch

Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?

Solana emerges as an institutional favorite following PayPal USD launch

Solana, the fourth-largest blockchain in terms of total value locked (TVL), is becoming a leading network in institutional adoption. Increasingly more financial institutions will be in...

3 months ago

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