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Bitcoin Battles Hormuz Closure, US Inflation as $63,000 Returns
Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route. Key points: Bitcoin sees…
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Citi opens new route into private markets with tokenized share offering
The structure is based on depositary receipts, a longstanding financial product that allows investors to gain exposure to shares through a bank-issued security. Citi has…
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Digital Asset Raises $355M in a16z-Led Round at $2B Valuation
Digital Asset Holdings has raised $355 million in a new round led by Andreessen Horowitz’s crypto arm, highlighting Wall Street’s accelerating push into permissioned blockchain…
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Ondo Finance pushes into tokenized investment products, hires former Invesco ETF chief
Ondo Finance ONDO$0.3449 has hired former Invesco ETF executive and Grayscale managing director John Hoffman to expand its tokenized investment products beyond stocks and Treasury…
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Hungary to Reverse Crypto Trading Rules That Carried Prison Terms
Hungary is set to decriminalize crypto trading, reversing restrictions that imposed potential jail terms for certain crypto-to-fiat and crypto-to-crypto transactions, according to Tisza government spokesperson…
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Here’s why bitcoin ETF outflows may have little to do with SpaceX mania
Exchange flows remain broadly normal, while stablecoin supply has seen little meaningful contraction. More speculative corners of the digital asset market also continue attracting capital.…
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Bitcoin ETFs Shed $2.1B in June So Far as Market Selloff Deepens
In brief U.S. spot Bitcoin ETFs have shed $2.1B in June, pacing May’s $2.4B total outflows. Net assets declined $33B from $109B to $77B in…
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Japan Crypto Bill Advances With ETF, Tax Reform Path: Report
Japan’s Lower House reportedly passed a bill that would bring crypto assets under the country’s financial instruments framework, potentially opening a path to exchange-traded funds…
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Can the AI Token Rally Further?
BEAT, the native token of AI music platform Audiera, has exploded higher over the past month, surging more than 1,500% to a record high of…
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AI Models Led to ‘Vulnerability Apocalypse’ in Crypto Security: Immunefi CEO
New artificial intelligence (AI) models have shifted the cybersecurity playing field in favor of attackers, causing a “vulnerability apocalypse” that led to the resurgence in…
