Cryptocurrency

The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether. Source link

Ethereum layer-2 network Blast is shutting down after its operating costs exceeded the revenue generated by the chain.In a Friday post on X, Blast said it sees no “credible path” to making the network economically sustainable and asked users...

Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity management.The finding comes from an annual survey by Lloyds Banking Group, the UK’s...

Crypto companies are raising billions again, but investors are no longer handing out premiums indiscriminately.Kalshi is reportedly seeking $1 billion at a $40 billion valuation, nearly twice what it was worth in May. Meanwhile, Blockchain.com is preparing for an...

Bitcoin (BTC) spiked past $87,000 on Friday as US jobs data missed expectations.Key points:Bitcoin tapped $87,200 but failed to make new multi-month highs as overhead resistance held.September US nonfarm payrolls came in below expectations at 29,000, while the August...

European stablecoin issuers are making the case for regulated US dollar tokens, arguing that Europe’s push to strengthen the euro does not eliminate businesses’ need for dollar liquidity.AllUnity, a German stablecoin issuer, launched its US dollar-pegged stablecoin USDAU on...

Key TakeawaysBitcoin ETFs drew $102.67M on Thursday, led by Blackrock’s IBIT with $195.57M. Some ETFs saw outflows.NEAR, XRP, and HYPE gained as ether, solana, and zcash funds saw more selective institutional demand.Friday will test if bitcoin inflows hold as...

After Bitget got hacked on Sept. 24, $387.5 million of stolen funds quickly began moving across chains, with some headed to decentralized cross chain swaps platform THORChain.Chief executive Gracy Chen publicly appealed to the platform to refuse service to...

Bitcoin (BTC) neared $87,000 on Friday as BTC short liquidations topped $120 million over 24 hours.Key points:Bitcoin broke through sell orders around $85,000, reaching its highest price since Sept. 23 at $86,857.CoinGlass’s heatmap showed a cluster of potential liquidations...

TL;DRPolymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digital securities. Polymath would provide issuance, investor onboarding, compliance and lifecycle infrastructure, while CineCity contributes production-industry access. The platform is being explored; it is not yet...