WisdomTree has reported substantial net inflows into its cryptocurrency exchange-traded products (ETPs) during the first quarter, signaling a renewed investor interest in digital asset-backed financial instruments. The firm’s total assets under management (AUM) across all its products reached $152.6 billion,…
Crypto infrastructure provider Fun has secured $72 million in a Series A funding round, co-led by Multicoin Capital and SignalFire. This capital infusion is earmarked for strategic expansion, including the establishment of a new office in Singapore and potential mergers…
Tether Reports Substantial Q1 Profit, Bolstering Reserves Amidst Evolving Regulatory Landscape Stablecoin issuer Tether has announced a first-quarter net profit of $1.04 billion, a significant figure that has propelled its excess reserves to a record high of $8.23 billion as…
Crypto payments company MoonPay has introduced a new stablecoin debit card, dubbed “MoonAgents Card,” which facilitates direct spending from onchain wallets for both artificial intelligence (AI) agents and human users. This virtual Mastercard debit card operates by converting stablecoins to…
Brazil’s central bank has implemented a new directive that prohibits the utilization of cryptocurrencies within regulated cross-border payment frameworks. This regulatory adjustment is part of a larger initiative by the Brazilian authorities to integrate international financial transactions more comprehensively into…
Victims of North Korean state-sponsored terrorism, who were awarded hundreds of millions in damages by a U.S. court, are now setting their sights on the Arbitrum ecosystem. Lawyers for these victims have filed a restraining order against Arbitrum, aiming to…
SBI Holdings, a prominent Japanese financial services conglomerate, is reportedly in discussions to acquire a significant stake in the cryptocurrency exchange Bitbank. The primary objective of this potential acquisition is to establish Bitbank as a consolidated subsidiary, thereby bolstering SBI’s…
In a groundbreaking proposal, Paradigm, a prominent research-driven investment firm, is championing a novel solution to safeguard Bitcoin (BTC) holders against the looming threat of quantum computing. The proposed mechanism, known as Provable Address-Control Timestamps (PACTs), aims to provide a…
A South Korean court has granted a temporary suspension on a six-month business restriction imposed on cryptocurrency exchange Bithumb, pending a final judicial decision. The Seoul Administrative Court’s 2nd Administrative Division approved Bithumb’s request to pause the execution of the…
Hold onto your hats, crypto enthusiasts! Tether, the titan of stablecoins, has just dropped its Q1 2026 attestation report, revealing a staggering $1.04 billion in net profit. Certified by BDO Italia, this report signals robust performance from the world’s largest…