World Liberty Financial, a cryptocurrency venture with ties to the Trump family, is set to sponsor fight-night bonuses at UFC Freedom 250, distributing $250,000 in its USD1 stablecoin. This partnership places the USD1 brand within the Octagon at an event…
Exodus Movement Inc. has launched a new tokenized trading platform in collaboration with Ondo Finance, enabling users to trade over 200 tokenized stocks, exchange-traded funds (ETFs), and real-world assets directly on the Solana blockchain. This initiative marks a significant expansion…
Ethena Labs is set to allocate $250 million to the Securitize Tokenized AAA CLO Fund (STAC), coinciding with the fund’s launch on the Solana blockchain. This strategic move signifies Ethena’s continued expansion into diversifying its collateral and backing assets for…
U.S. spot Bitcoin exchange-traded funds (ETFs) are approaching a significant financial milestone, with cumulative trading volume poised to exceed $2 trillion within approximately two and a half years of their introduction in January 2024. This rapid accumulation of trading activity…
Metaplanet, a Japanese firm holding a significant Bitcoin treasury, has announced its intention to acquire Siiibo Securities for $13 million. This strategic move aims to establish a compliant framework for developing and distributing Bitcoin-linked yield products within Japan. The acquisition…
The current downturn in the Bitcoin market is reportedly influenced by a significant outflow of liquidity into artificial intelligence (AI) investments, according to Julian Liniger, co-founder and CEO of the Swiss Bitcoin brokerage, Relai. Liniger posits that as the fervor…
Hyperliquid Unlocks New HYPE Funding Stream via USDC Yield The decentralized derivatives exchange, Hyperliquid, has just passed a significant governance proposal, AQA v2, that will see a portion of its USDC reserve yield directed towards HYPE token buybacks. This move,…
The Commodity Futures Trading Commission (CFTC) has initiated legal action against New Mexico officials, including Governor Michelle Lujan Grisham and Attorney General Raúl Torrez. This lawsuit, filed in the U.S. District Court for the District of New Mexico, aims to…
Alpha hunters, get ready! Coinbase, in partnership with Ethena, has just rolled out a new High Yield USDC lending vault. This innovative product taps into the DeFi lending protocol Morpho, offering users a chance to earn potentially higher returns on…
Gary Gensler, a former chairman of both the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), has submitted an amicus brief challenging the CFTC’s asserted authority over sports wagering and prediction markets. This legal stance positions…