News

Latest news from the Web3 ecosystem

Major Shareholder Urges Empery Digital to Sell Bitcoin, Replace Leadership

Major Shareholder Urges Empery Digital to Sell Bitcoin, Replace Leadership

A significant shareholder is pushing Empery Digital to divest its substantial Bitcoin treasury, return capital, and enact leadership changes.

2 min read
Fed Proposes Rule to Protect Banks Serving Crypto Businesses

Fed Proposes Rule to Protect Banks Serving Crypto Businesses

The Federal Reserve has put forth a proposal aimed at preventing banks from de-risking or 'debanking' crypto companies by removing 'reputational risk' as a basis for supervisory action.

2 min read
21Shares Introduces Sui ETF for U.S. Investors on Nasdaq

21Shares Introduces Sui ETF for U.S. Investors on Nasdaq

21Shares has launched a new exchange-traded fund (ETF) on the Nasdaq, providing U.S. investors with a regulated pathway to gain exposure to the Sui blockchain.

1 min read
Prediction Markets Surge Towards $10 Billion Valuation, Bank Reports

Prediction Markets Surge Towards $10 Billion Valuation, Bank Reports

Driven by increasing trading volumes, refined market structures, and growing institutional interest, prediction markets are rapidly evolving from niche platforms to a significant asset class.

1 min read
Bitcoin Recovers Above $64,000 Amidst AI Software Sector Stabilization

Bitcoin Recovers Above $64,000 Amidst AI Software Sector Stabilization

Bitcoin has reclaimed the $64,000 price point, coinciding with a positive shift in the cryptocurrency mining sector and a recovery in AI-related software stocks.

1 min read
Ethereum Foundation Backs Privacy-Focused, Open DeFi Development

Ethereum Foundation Backs Privacy-Focused, Open DeFi Development

The Ethereum Foundation has established a dedicated team to champion DeFi builders, prioritizing privacy, security, and open-source development within the ecosystem.

2 min read
SEC Approves 24/7 Trading for WisdomTree's Tokenized Money Market Fund

SEC Approves 24/7 Trading for WisdomTree's Tokenized Money Market Fund

WisdomTree's tokenized Treasury money market fund has received SEC approval for round-the-clock trading and settlement within the United States regulatory framework, marking a significant advancement for digital asset infrastructure.

1 min read
Meta Signals Potential Stablecoin Re-entry, Explores Stripe Partnership

Meta Signals Potential Stablecoin Re-entry, Explores Stripe Partnership

Meta is actively seeking third-party solutions for stablecoin-powered payments, signaling a potential return to the digital currency space and considering Stripe for a key partnership.

1 min read
Binance CEO Weighs Legal Action Following Sanctions Report

Binance CEO Weighs Legal Action Following Sanctions Report

Binance CEO Changpeng Zhao has indicated potential legal recourse following recent media reports alleging the exchange mishandled sanctions compliance concerning Iranian entities and subsequently terminated employees involved in related investigations.

2 min read
Bitcoin Dips Below $64K, Influencing Broader Crypto Market Downturn

Bitcoin Dips Below $64K, Influencing Broader Crypto Market Downturn

Bitcoin's inability to maintain crucial support levels has led to a significant downturn across the broader cryptocurrency market, impacting investor sentiment.

1 min read
Framework Ventures and Better Partner for $500M Stablecoin Mortgage Financing

Framework Ventures and Better Partner for $500M Stablecoin Mortgage Financing

A significant $500 million financing agreement between Framework Ventures and Better aims to integrate cryptocurrency liquidity into the U.S. mortgage market. This initiative explores the potential for blockchain-based capital to support traditional real estate finance.

1 min read
NYSE Explores Blockchain for Future Financial Market Infrastructure

NYSE Explores Blockchain for Future Financial Market Infrastructure

The New York Stock Exchange is investigating the integration of onchain systems, potentially revolutionizing post-trade processes with tokenized securities and continuous trading.

2 min read