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Interoperable Layer-1 blockchain Injective has launched an on-chain index (Ticker: TradFi) that tracks hundreds of the largest publicly traded stocks. This, said the team, is a massive step in merging traditional finance (TradFi) and decentralized finance (DeFi). According to the press…
Ethereum is experiencing an unprecedented level of short selling, with futures contracts on the Chicago Mercantile Exchange (CME) reaching a record high of 11,341, according to a new chart from ZeroHedge. The surge in bearish bets, up over 40% in just…
Swedish payments firm Klarna is now preparing to enter the crypto market ahead of its upcoming public listing. On Sunday, CEO Sebastian Siemiatkowski announced that the firm would “embrace crypto,” acknowledging that the company is among the last major fintech players…
Russell Vought, the newly appointed head of the Consumer Financial Protection Bureau (CFPB) under U.S. President Donald Trump, has suspended the agency’s funding and ordered a halt to its operations. Vought announced the decision in a Feb. 9 post on X,…
The total crypto market cap tumbled by 3% on Monday after President Donald Trump announced he would impose new 25% tariffs on all steel and aluminum imports, adding to the existing metals duties. Speaking to reporters Sunday on his way to…
Binance founder and ex-CEO Changpeng ‘CZ’ Zhao has denounced TST meme coin listing on Binance, confirming he does not endorse it. He also criticized Binance’s listing process, calling it a “bit broken.” Test (TST) is a meme coin sensation created from…
Prosecution officials have indicted six people, including a practicing South Korean lawyer, as part of an investigation into a suspected $7.9 million crypto scam. Per the media outlet KBC News, the Seoul Northern District Prosecutors’ Office has charged six people with…
Tether CEO Paolo Ardoino has warned that quantum computing could eventually pose a threat to inactive Bitcoin wallets, potentially returning lost BTC to circulation. “Any Bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in…
The Japanese securities giant SBI has posted record crypto-related profits as it aims to win the race to become the first crypto exchange operator in the country to list USD Coin (USDC). Per an official SBI Group announcement and a report…
Florida Republican Senator Joe Gruters has introduced a bill proposing that the state allocate a portion of its funds to Bitcoin and other digital assets as a hedge against inflation. The proposal follows similar legislative moves by other U.S. states exploring…
Maryland is moving forward with integrating Bitcoin into its financial framework. On Friday, February 7,
As economic uncertainties mount, investors are increasingly turning to gold-backed cryptocurrencies as a hedge against volatility. With gold prices nearing $3,000 per ounce, leading financial institutions, including Citi and UBS, have raised their price forecasts, further fueling demand for digital assets…