Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump’s tariffs policy shake-up not only threatens the dollar’s status as a safe […]
Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of $150 million, with expectations to close between $175 million and $180 million by the end of June, according to a Bloomberg report. The fund, which focuses on early-stage startups with an emphasis on payments and stablecoins, is closing at a time
Mike Novogratz’s Galaxy Ventures Fund Surpasses $150 Million Goal Read More »
Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions, leading to the requirement for the company to reverse its USDe token
Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance Read More »
JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes over $2 billion in daily transactions. The GBP expansion follows the network’s recent capability to
Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading activity is attributed to strong Euro and USDC deposits, as bitcoin prices experienced a dip below $100,000 during February.
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Elliptic, a blockchain surveillance firm, has expanded its coverage to include over 50 blockchain networks, a move aimed at improving its ability to track and analyze digital asset transactions. This expansion follows data indicating that 33% of complex cross-chain investigations involve more than three blockchains, highlighting the growing need for comprehensive visibility in identifying illicit
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Unocoin, India’s longest-standing cryptocurrency exchange, has announced the integration of the Lightning Network, powered by Voltage, marking an advancement in bitcoin and stablecoin adoption within the growing Indian crypto market. This new feature allows Unocoin users to send and receive bitcoin and tether ( USDT) instantly and at a fraction of the cost of traditional
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Bitpanda has announced that it has become the first major cryptocurrency exchange to secure the Markets in Crypto-Assets Regulation (MiCAR) license from Austria’s Financial Market Authority (FMA). This achievement marks Bitpanda’s third MiCAR license, following similar approvals in Germany and Malta, further solidifying its position as a leader in regulatory compliance within the European crypto
Ethereum co-founder Vitalik Buterin has proposed a “maximally simple” Layer 1 (L1) privacy roadmap aimed at enhancing user privacy on the Ethereum network with minimal changes to its consensus mechanism. The roadmap outlines four key areas of focus: ensuring privacy for onchain payments, achieving partial anonymization of onchain activity within applications, securing privacy for reads
Ethereum Co-Founder Vitalik Buterin Proposes a ‘Maximally Simple’ L1 Privacy Roadmap Read More »
Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens. With Slingshot’s technology, users can
