Decentralized exchange Hyperliquid has reimbursed nearly $2 million to users affected by a brief outage last week, a move that may strengthen confidence in decentralized trading platforms. The Hyperliquid platform’s application programming interface (API) suffered […]
Key Takeaways American Bitcoin Corporation, backed by the Trump family, is set for a Nasdaq listing through a merger with Gryphon Digital Mining. Shareholder vote on the merger is scheduled for August 27, following SEC […]
A viral Twitter thread by popular finance YouTuber Andrei Jikh reignited scrutiny over XRP’s real-world utility. The post prompted Ripple CTO David Schwartz and other crypto figures to publicly respond. The exchange laid bare the […]
Senator Lummis has introduced a bill to include crypto in mortgage approvals. The bill targets young buyers and aligns with FHFA’s recent crypto directive. Critics cite crypto’s volatility as a mortgage default risk. US Senator […]
Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that […]
Key Takeaways Coinbase stock fell 7% in after-hours trading as Q2 adjusted net income came in at just $33M, down from $524M in Q1. Coinbase bought $222M worth of Bitcoin during the quarter, bringing its […]
JellyC, a digital asset investment firm based in the APAC region, has joined a tripartite collateral programme launched by OKX and Standard Chartered. The collaboration allows JellyC to utilize cryptocurrencies and Franklin Templeton’s tokenized money […]
The Hong Kong Monetary Authority (HKMA) will implement a six-month transition period with special rules as part of its new framework for stablecoins, which is set to take effect on Friday. According to a Wednesday […]
The world’s top Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly on the verge of opening its first US-based manufacturing plant. According to a Tuesday Bloomberg report, Bitmain plans to open its first […]
Key Takeaways Bakkt plans to raise funds through a public offering of stock and pre-funded warrants. Proceeds will be used to purchase Bitcoin and other digital assets, as well as for general corporate purposes. Share […]
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