News

Latest news from the Web3 ecosystem

Citi and Morgan Stanley Bolster Crypto Services for Institutional Clients

Citi and Morgan Stanley Bolster Crypto Services for Institutional Clients

Two major financial institutions, Citi and Morgan Stanley, are significantly expanding their digital asset offerings, enhancing custody, trading, and exploring tokenization to cater to a growing institutional demand.

2 min read
Bitcoin ETF Inflows Halt 5-Week Outflow Streak Amid Manipulation Claims

Bitcoin ETF Inflows Halt 5-Week Outflow Streak Amid Manipulation Claims

Bitcoin spot ETFs have seen inflows for three consecutive days, breaking a five-week outflow trend. This comes as analysts push back against theories suggesting daily dumps by major players.

1 min read
Crypto Price Watch: BTC, ETH, XRP, SOL, DOGE, and More

Crypto Price Watch: BTC, ETH, XRP, SOL, DOGE, and More

Major cryptocurrencies like Bitcoin and Ethereum faced resistance around key price levels this week. Analysts suggest short-term downside may be contained, but attention turns to altcoin sustainability.

1 min read
Layer 2s: Scaling Ethereum or Causing Fragmentation?

Layer 2s: Scaling Ethereum or Causing Fragmentation?

A debate is emerging on whether Ethereum's Layer 2 solutions are truly scaling the network or inadvertently fragmenting its liquidity and user base.

2 min read
Japan Prioritizes Yen Stablecoins for DeFi Integration

Japan Prioritizes Yen Stablecoins for DeFi Integration

Japan is actively pursuing the integration of yen-denominated stablecoins into its decentralized finance (DeFi) ecosystem. The initiative aims to leverage the yen's global financial standing but faces challenges in stimulating retail participation.

2 min read
Figure Technologies Stock Dips Amid Mixed Q4 Financial Results

Figure Technologies Stock Dips Amid Mixed Q4 Financial Results

Figure Technologies experienced a significant stock decline following its fourth-quarter earnings report, which revealed a miss on earnings per share despite exceeding revenue expectations.

1 min read
Minnesota Considers Ban on Crypto ATMs Amid Scam Concerns

Minnesota Considers Ban on Crypto ATMs Amid Scam Concerns

Minnesota lawmakers are exploring a complete prohibition of cryptocurrency ATMs within the state, following an increase in reported scams and building on existing regulatory measures.

1 min read
Bitcoin's Rally Stalls Amidst Stock Market Downturn and Gold's Rise

Bitcoin's Rally Stalls Amidst Stock Market Downturn and Gold's Rise

Bitcoin's anticipated rebound has been halted as major U.S. stock indices experience declines, while gold prices surge. This shift reflects investor caution driven by multiple macroeconomic pressures.

1 min read
US Seizes $580M in Crypto from Chinese Criminal Networks

US Seizes $580M in Crypto from Chinese Criminal Networks

The U.S. Department of Justice has announced a major cryptocurrency seizure targeting Chinese transnational criminal organizations involved in global fraud schemes.

2 min read
Vitalik Buterin Proposes Base Layer Scaling Enhancements for Ethereum

Vitalik Buterin Proposes Base Layer Scaling Enhancements for Ethereum

Ethereum co-founder Vitalik Buterin has outlined a new strategy to enhance the scalability of the blockchain's base layer, shifting focus from prior Layer-2 centric approaches.

2 min read
Barclays Explores Blockchain for Financial Settlement

Barclays Explores Blockchain for Financial Settlement

Barclays is investigating the potential of a novel platform that leverages stablecoins and tokenized deposits for financial settlement. This move signals a growing institutional interest in distributed ledger technology.

1 min read
Barclays Explores Blockchain for Real-Time Settlement Engine

Barclays Explores Blockchain for Real-Time Settlement Engine

UK banking giant Barclays is seeking a technology provider to develop a new blockchain-based settlement engine, aiming to enhance its financial infrastructure and compete with other institutions adopting distributed ledger technology.

2 min read