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The first images of the X Money service from X (formerly known as Twitter) have been officially revealed, attracting great interest from the technological and financial communities. The beta launch of X Money marks an important step in the plan…
Blockchain infrastructure provider Zerohash has applied for a national trust bank card from the Office of the Comptroller of the Currency (OCC), joining a growing list of cryptocurrency companies seeking a federal license. Stephen Gardner, director of legal and compliance…
a16z Crypto, the venture capital arm of Andreessen Horowitz specializing in cryptocurrencies, is looking to raise around $2 billion for its fifth cryptocurrency fund.. This funding comes as the overall cryptocurrency market is going through a recession, and venture capital…
China’s National People’s Congress opened on March 5 with signs that will reshape cryptocurrency capital flows for years to come. A stable yuan, record fiscal spending, and a structural boost in equity financing and RWA markets – these are the…
The KOSPI index in South Korea, a day after the worst daily loss in its history, registered a growth of more than 11% on Thursday, achieving one of the most dramatic turns that the index has seen. Seoul is the…
The Solana-based Backpack platform now offers retail investors the ability to acquire IPO stakes directly on-chain, cutting out traditional intermediaries, through infrastructure partner SuperState. Backpack was best known for managing FTX creditors’ claims for free, and purchasing FTX EU assets…
For many, the passage of the Genius Act closed the doors to the creation of a central bank digital currency (CBDC). Stablecoins, although digital, have been marketed as a private form of currency, unlike the government-issued digital dollar. Aaron Day,…
“With every ETF that’s activated, the money gets harder,” As the CEO of Canary Capital said Stephen McClurg. This idea represents one of the clearest lessons from Consensus Hong Kong this year: we have finally entered the era of long-term…
Centralized exchanges (CEX) still control the lion’s share of cryptocurrency liquidity. However, the balance of power has begun to shift with its share of the spot market doubling over the past two years while expanding its presence in perpetual futures…
The approval of Kraken’s access to the Federal Reserve’s core payments infrastructure has sparked a backlash from the banking sector. In a statement on Wednesday, the Association of Independent Banks of America (ICBA) and the Banking Policy Institute (BPI) strongly…