Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month....
Fidelity Pulls $46.8M From FBTC as Bitcoin ETFs Turn Red
U.S. spot bitcoin ETFs returned to net outflows on Wednesday, losing $61.16 million after Tuesday’s modest rebound. Ether funds saw a $7.38 million inflow, while...
Bullish’s Non-Trading Revenue Overtakes Transaction Revenue as Crypto Sales Fall 44%
Bullish’s second-quarter results show why crypto platforms have to diversify from crypto: digital asset sales fell sharply, while transaction revenue contributes less than 50% to...
South Korea’s Crypto Crackdown Lands Delio CEO 15 Years
A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for misusing roughly $49.2 million in customer cryptocurrency assets and using...
Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts
Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price appreciation, analysts told Cointelegraph....
MUFG PoC to bring Japanese government bond repo transactions onchain
MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational efficiency....
MUFG Eyes Instant JGB Repos as Blockchain Invades Bond Markets
MUFG has launched a pilot to test whether Japanese government bond repo trades can settle in real time on a blockchain network. The major Japanese...
SEC allows Franklin Templeton funds to invest in onchain money fund
The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund....
‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje
Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance” but have sacrificed some of their...
Monaco Submits Draft Bill to Align Crypto Rules With MiCA
Monaco has submitted a draft bill to replace its 2022 crypto rules, aligning its regulatory environment with the MiCA framework and Financial Action Task Force...