Philippines' Digital Bank Maya Looks to US Market for Up to $1B IPO
In brief Maya is reportedly exploring a U.S. IPO that could raise up to $1 billion. The company operates a licensed digital bank and in-app...
Category : Exchange
Nexo Taps Bakkt For US Return Three Years After SEC Settlement Over Lending Product
In brief Nexo said it’s returning to the U.S. The company will offer various products using Bakkt. The firm’s previous lending product generated SEC scrutiny....
EU Moves to Ban All Crypto Transactions with Russian Entities: Report
In brief The European Commission is reportedly seeking to impose an EU-wide ban on all crypto transactions with entities based in Russia. The move comes...
Harvard Cuts Bitcoin ETF Stake, Adds Ethereum Exposure in Q4 Filing
In brief Harvard cut its IBIT stake by 1.46 million shares in Q4, now valued at about $265 million. It moved in with an $86.8...
Crypto Trading Isn’t Coming to Elon Musk's X (Yet), Says Product Head
In brief X head of product Nikita Bier clarified how Smart Cashtags will work. People will be able to trade assets in-app, but X will...
Bitcoin on Pace for Longest Losing Streak Since 2018 Bear Market
In brief Bitcoin has fallen 52.44% from its October all-time high, dangerously approaching the 2018 bear market drawdown of 56.26%. The crypto market lost 1.33%...
Metaplanet Posts $605 Million Loss After Spending Billions on Bitcoin
In brief Metaplanet disclosed a full-year loss of $605 million. The company has paid $107,000 per Bitcoin on average for its $2.4 billion stash. It...
Vitalik Buterin: Hedging on Prediction Markets Could 'Replace Fiat Currency'
In brief Ethereum co-founder Vitalik Buterin has suggested that prediction markets should be designed to prioritize hedging strategies, and that they’re currently focused too much...
Bitcoin 'Boom-Bust' Era Is Over as Institutions Take the Lead: WisdomTree
In brief Crypto has shifted from retail speculation to institutional discipline, says asset manager WisdomTree. Traditional diversification is under strain; crypto offers new solutions. Regulation...
U.S. Crypto Funds Shed $403M Amid Price Weakness: CoinShares
In brief A four-week outflow streak has erased $3.74 billion from crypto investment products, according to a new CoinShares report. U.S. digital asset funds saw...