etfsbitBlackRock's iShares Bitcoin ETF (IBIT) has become the first among the recently introduced spot bitcoin products to reach $2 billion in assets under management (AUM). This achievement excludes Grayscale's GBTC,…
In the dynamic realm of cryptocurrency, the intersection of finance and innovation has given rise to novel concepts such as crypto credit, where Bitcoin lending plays a pivotal role. As…
In a recent study, Bitget, a global leader in cryptocurrency exchange and Web3 technology, disclosed that a significant 33% of recent crypto job applicants hail from traditional banking and financial…
Cryptocurrency lender Nexo has filed an arbitration claim against the Republic of Bulgaria, seeking a substantial $3 billion in damages. The move comes after an aborted criminal investigation that Nexo…
Polymer Labs, a project developing an interoperability hub for Ethereum's Layer 2 (L2) ecosystem, has successfully raised $23 million in a Series A funding round. The round was co-led by…
Terraform Labs Pte. Ltd., the company behind the algorithmic stablecoin TerraUSD and Luna, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on January…
In a move signalling Hong Kong's growing embrace of the cryptocurrency industry, Venture Smart Financial Holdings (VSFG), a local financial services firm, is on track to introduce a spot Bitcoin…
Stablecoin issuer Tether continues to bolster its Bitcoin holdings, raising eyebrows and further blurring the lines between traditional and digital finance. The company reportedly snapped up another 8,888 Bitcoin (BTC)…
Spot Bitcoin exchange-traded funds (ETFs) has surpassed an impressive $10 billion in trading volume within just three days of their launch. Despite recent challenges in Bitcoin (BTC) price performance, analysts…
HashKey Group, a prominent player in Hong Kong's digital asset scene, has secured nearly US$100 million in its Series A funding round, propelling the company to a pre-money valuation exceeding…