Evgeny Gaevoy said Wintermute will not sue Binance over losses incurred during the largest crypto liquidation event on Oct. 10.
The second-largest digital asset treasury now holds nearly 3.4 million ETH, worth $12 billion, and 192 BTC, valued at about $20 million.
The tie-up will bring data for major global indices like the Russell 1000, Russell 2000, Russell 3000, and other FTSE products onchain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Investors interpreted Fed Chair Powell's remarks on the likelihood of December rate cuts as hawkish, Head of Research James Butterfill said.
“The fact that other chains are faster or cheaper is irrelevant, in our view,” Standard Chartered’s Geoffrey Kendrick said.
USDC's market cap has surged 72% since January to $74 billion, far outpacing USDT's 32% growth, JPMorgan said.
The Kinexys system uses smart contracts to automate capital calls and reduce manual fund processes, building on an earlier onchain repo tool.
Hougan argued that Solana benefits from both the growth of stablecoin and tokenization markets and its expanding share within them.
Grayscale's new U.S. spot Solana ETF, GSOL, registered $1.4 million in net inflows on its Oct. 29 trading debut.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Visa CEO Ryan McInerney recently confirmed the payments giant is adding support for four stablecoins across four blockchains.
Grayscale Investments is the latest firm to launch an exchange-traded fund tracking the price of Solana and including staking.
Bitwise's BSOL generated $57.9 million in volume on its first trading day — the most of any ETF launch this year.
SharpLink will deploy $200 million worth of its ETH treasury holdings into staking and restaking strategies using ether.fi and EigenCloud.
CEO Devin McGranahan first signaled the company was exploring stablecoin integrations as early as July, inspired by the GENIUS Act.
Kraken, Proximity, Fabric Ventures, and G20 Group participated in the transaction alongside the NEAR Foundation.
More than 100 firms across finance, payments, and technology are participating in the network's early development.
Ark Invest also bought shares in DraftKings, which is launching its own prediction market in the near term.
Bitwise is next up to the plate as it plans to launch its ETF tracking Solana, the sixth-largest cryptocurrency by market capitalization.
Canary Capital will launch an ETF tracking Litecoin and another tracking HBAR — marking the first of their kind to go live in the U.S.
ETHZilla Chairman McAndrew Rudisill said the firm will continue to repurchase shares while ETHZ “trade at a significant discount to NAV."
This follows earlier SEC guidance allowing firms to go public by filing an S-1 without a delaying amendment, enabling a launch after 20 days.
Coinbase already allows some U.S.-based customers to borrow up to $100,000, using the their digital assets as collateral.
Standard Chartered’s Geoffrey Kendrick says easing U.S.-China tensions have lifted sentiment from fear to hope, among other factors.
Ledn registered a record $392 million in lending volume for Q3 — almost matching its entire total for last year.
Bitcoin investment products bounced back to add $931 million, while Ethereum funds slipped to $169 million in net outflows.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto heavyweights — including Ripple and Coinbase — are among a list of donors contributing to the new White House ballroom.
JPMorgan will allow institutional clients to post BTC and ETH as collateral for loans by year-end, building on prior ETF collateral programs.