The proposed “Learn and Earn Campaign” on Revolut is aimed at expanding Bonk’s user base by half a million users but still needs approval.

Solana memecoin BONK spikes 7% after proposed ‘learn’ deal with Revolut

Solana-based memecoin Bonk’s (BONK) spiked 7% shortly after news broke that the Solana-based memecoin could soon be listed on Revolut’s trading platform. Under a proposed p...

7 months ago

The U.S. Treasury sanctioned entities for illegally exporting technology to Iran, including one that developed Iran’s central bank digital currency platform.

OFAC sanctions entities behind Iran’s digital currency program

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) said in a press release that on Feb. 14 it imposed sanctions against a network of entities resp...

7 months ago

Genesis’ Grayscale Shares Valued at $1.6B

Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients

Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares ...

7 months ago

Some Bitcoin ETF issuers will pull their funds as the tussle for market share and low fees heats up, while investors reap the rewards in the meantime, say analysts.

Bitcoin ETF war could see many issuers never ‘break even’

The cutthroat battle to become the top United States spot Bitcoin exchange-traded fund (ETF) issuer could see many of the listed ETFs today eventually shut down due to lack of profits. ...

7 months ago

Ripple bought Swiss custody provider Metaco last year, but Standard has a New York BitLicense.

Ripple acquires Standard Custody & Trust, its second custody provider

Ripple has acquired Standard Custody & Trust Company, a United States digital asset custody provider. The company already had ties to Ripple through its executives. Standard Custod...

7 months ago

Direct Bitcoin trading is still more popular than ETFs for Robinhood users, says its chief financial officer Jason Warnick amid better-than-expected Q4 2023 results.

Bitcoin ETFs haven’t cannibalized spot Bitcoin trading — Robinhood CFO

Robinhood traders haven’t taken to spot Bitcoin exchange-traded funds (ETFs), with the bulk of crypto trading on the platform remaining in spot Bitcoin, says the company’s chief...

7 months ago

Nelson Highlights Treasury’s Focus on Illicit Finance

US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing

The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared test...

7 months ago

Digitex CEO Charged for Illegally Operating Crypto Futures

Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Off...

7 months ago

The Litecoin Blockchain, like many of its peers, is strengthening its position, along with the entire Litecoin ecosystem with external partnerships.

Litecoin (LTC) Partnerships: Bridging Traditional and Crypto Industries

Courtesy of the partnership, purchases made through PayPal will automatically be sent to users’ Ledger hardware wallets, similar to other Ledger live options. In previous years, ...

7 months ago

In its fourth-quarter report for 2023, CoinShares highlighted that its total assets under management as of Dec. 31, 2023, was $3.81 billion.

CoinShares declares $108M revenue in 2023 earnings report

Digital asset investment platform CoinShares declared $108.5 million in annual revenue in its fourth-quarter report for 2023. In the fourth quarter of 2023 alone, CoinShares repor...

7 months ago