$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether....
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown....
SEC Proposes Last-Resort Crypto Self-Custody for Advisers and Funds
The US Securities and Exchange Commission has proposed allowing investment advisers and regulated funds to self-custody crypto assets when no permitted custodian is available. The...
Ethereum Layer 2 Network Blast to Shut Down After Revenue Collapse
Blast, a once-buzzy Ethereum Layer 2 network, is set to shut down later this month after a dramatic decline in activity left the scaler too...
Solana ETFs Overtake XRP Funds With $1.91 Billion in Assets
Solana ETFs have overtaken XRP products in total net assets after an eight-day inflow streak brought in nearly $254 million. The shift is notable because...
Bitcoin Price Taps $87K as SEC Moves to Unlock Institutional Custody
Driven by weak U.S. employment data and a major SEC regulatory proposal, bitcoin briefly reclaimed $87,000 for the first time since Sept. 23. Back near...
71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance....
Ex-NCA Officer Must Pay Back $2.4M After Stealing Seized Bitcoin
A former U.K. National Crime Agency officer, Paul Chowles, has been ordered to repay approximately $2.38 million for stealing 50 bitcoin seized during the investigation...
Crypto’s billions are back, but the premiums aren’t
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations....
Ripple Partner SBI Completes Takeover of Japanese Exchange Bitbank
SBI Holdings has taken full ownership of Bitbank on Oct. 1, folding one of Japan’s busiest XRP markets into one of Ripple’s oldest partners in...