Ethena to launch new stablecoin backed by BlackRock’s BUIDL

Cryptocurrency and blockchain firms are attracting billion-dollar valuations as the space continues to see major investment in 2021. The likes of exchanges Coinbase and Kraken have had mind-boggling numbers attached to their plans to raise funds, with the former set to go public through a direct listing and the latter preparing for a lucrative fundraising…

A crypto exchange platform has established a sponsorship deal with an English Premier League football club and is celebrating after its 200,000th user registered with its service.CoinDeal’s partnership with Wolverhampton Wanderers has resulted in its branding featuring prominently on the team’s kit, and a promotional video released at the start of February has gone viral,…

Amid lawsuits against United States-based exchanges like Coinbase and Binance.US, an executive at a domestic digital asset firm has noted the legal implications of these recent enforcement actions for the industry.The era of trading cryptocurrencies as non-securities is coming to an end, according to Itai Avneri, chief operating officer at the blockchain trading firm INX.…

Crypto firms’ policies on coin listing and delisting must align with a list of standards set by the NYDFS. 101 Total views 2 Total shares Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator.The New York State Department of Financial Services

With cryptocurrency markets shrinking over 50% this year, 21Shares is working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products.The Swiss crypto investment firm 21Shares has launched two new exchange-traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming to soften…

Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says.In a tweet on May 16, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite Decentrader, revealed history repeating itself according to the RHODL Ratio metric.RHODL Ratiocreator on BTC price: "Zoom out"RHODL Ratio is a method of…

There is potential for the use cases of nonfungible token (NFT) technology to expand far beyond the simple tracking of unique images with varying degrees of rareness and analysts project that one NFTs will touch every facet of our lives. Already, developers, artists and corporations are considering the tokenization of all assets and some have…

Google has already invested $500 million as part of the deal, while the outstanding $1.5 billion will be paid over time, according to the Wall Street Journal. 166 Total views 2 Total shares Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new

The platform was the victim of a phishing scam that routed users to a website that drained their wallets after they approved a transaction. 140 Total views 2 Total shares Galxe is making users whole by 110% if they lost funds in a recent hack, the firm announced on Oct. 10. “We want to express