Binance is launching a $400 million relief program for traders affected by losses across its ecosystem during Friday’s crypto sell-off, despite saying it does not accept liability for user losses.According to a Tuesday post by the exchange, the initiative will...
Key takeaways:Friday’s Bitcoin price crash shows volatility persists in the spot BTC ETF era, with leverage and liquidity stress amplifying losses.Liquidations hit $5 billion as portfolio margin systems failed, highlighting risks of illiquid collateral assets.Bitcoin derivatives suggest market makers remain...
Today in crypto, the Bank of North Dakota announced plans to introduce its official stablecoin, the Roughrider Coin. Meanwhile, BNB Chain traders are cashing in as new memecoins go parabolic, and analysts say Canary Capital’s Litecoin and HBAR funds are...
Today in crypto, DeFiLlama announces delisting of Aster perpetual trading volume data, Bitcoin rallied to a new all-time high on Sunday, and the Stripe CEO says stablecoins will force banks to offer users real interest on deposits.DeFiLlama delisting Aster perpetual...
US Senator Ted Cruz of Texas has blocked a privacy bill that seeks to protect all Americans from having their personal information exposed by data brokers — arguing that law enforcement needs access to some data and that the bill...
Officials with the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) met for the first joint roundtable in about 14 years to discuss “regulatory harmonization efforts,” including those potentially impacting the cryptocurrency industry.In the Monday roundtable,...
As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings. The credit rating service warned that widespread use of stablecoins — tokens pegged 1:1 with...
Crypto venture capital company Archetype said it closed over $100 million in total capital commitments for its third fund, Archetype III.The new fund is backed by institutional investors including pensions, academic endowments, funds of funds, sovereign wealth funds and family...
Crypto markets will enter “up only” mode once the United States Treasury hits its target goal of filling the General Account (TGA), the Treasury Department’s bank account, with $850 billion, according to Arthur Hayes, co-founder of the BitMEX crypto exchange.“With...
The US Securities and Exchange Commission has approved a set of listing standards for commodity-based trust shares, opening the door for digital asset listings without requiring individual approvals. The decision, detailed in SEC filings on stock exchanges like the Nasdaq,...
