Dubai-based DWF Labs has announced a strategic expansion into the United States with the opening of a new office in New York City, alongside a $25 million purchase of World Liberty Financial (WLFI) governance tokens. The investment in WLFI, a decentralized finance protocol backed by President Trump, highlights DWF Labs’ commitment to participating in governance. […]
Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions. Fizen Secures Strategic Investment from Tether to Expand Stablecoin Utility Tether, the world’s leading stablecoin issuer, has announced a strategic investment in Fizen Limited, a fintech startup focused on self-custody wallets […]
A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities and stablecoin issuer Tether. Deputy director of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, said the Kremlin should be exploring the possibility […]
The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X […]
A US federal judge has agreed to pause a lawsuit filed by 18 state attorneys general and the crypto lobby group DeFi Education Fund against the Securities and Exchange Commission after all parties said new SEC leadership could make the action moot. Kentucky District Court Judge Gregory Van Tatenhove ordered a 60-day stay on the […]
Transaction costs on the Ethereum network have dropped to the lowest level in five years as the amount of activity on the blockchain is in a lull, according to the onchain analytics platform Santiment. Ethereum network fees are now around $0.168 per transaction and the reduction in fees coincides with fewer people sending Ether (ETH) […]
A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers between cryptocurrencies and cash, especially as Western sanctions have complicated international payments for Russian […]
Auradine, a U.S.-based firm in energy-efficient blockchain and artificial intelligence (AI) infrastructure, has raised $153 million in a Series C funding round to accelerate its growth and innovation. Auradine Hits $300M Total Funding With Latest $153M Investment The oversubscribed round was led by Stepstone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst […]
Despite recent major developments in the crypto industry, the market has just posted its weakest Q1 performance in years — but a crypto analyst is pointing to several catalysts that could make Q2 more promising. “Frustrating. That’s the best word to describe the past quarter,” Bitwise chief investment officer Matt Hougan said in a recent […]
Bitwise supercharges its European expansion by listing four top-tier crypto ETPs on the London Stock Exchange, unlocking elite access for UK investors. Bitwise Unleashes Institutional Crypto Arsenal on LSE in Major UK Power Play Asset management firm Bitwise announced on April 16 that it had listed four of its Germany-issued crypto exchange-traded products (ETPs) on […]
Trump’s sweeping tariffs ignite global fears of dollar decline as China and BRICS eye rapid de-dollarization shift. Trump’s Trade War Accelerates De-dollarization, Says Chinese Finance Expert Tariff policies introduced by U.S. President Donald Trump this month have drawn sharp criticism from Chinese academic Zheng Runyu, who suggested that the measures could have serious consequences for […]
Quantum computing research firm Project Eleven has launched a competition to see just how much of a threat quantum computing currently poses to Bitcoin. Launching the competition on April 16, Project Eleven said it is offering 1 Bitcoin (BTC) to whoever cracks the biggest chunk of a Bitcoin key using a quantum computer within the […]
