Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
The Bank for International Settlements (BIS) said Project Agorá completed real-value testing of tokenized wholesale cross-border payments, with 28 financial institutions and central banks settling about 800,000 Swiss francs (about $1 million) across 17 transaction scenarios.The BIS said Thursday tha…
Bitcoin miner Hyperscale Data has sold about 100 Bitcoin and secured a Bitcoin-backed credit facility to help finance construction of its Michigan AI data center, according to a Thursday announcement.The company said proceeds from the Bitcoin (BTC) sale are being used to fund construction and purcha…
The Ethereum Foundation (EF) has appointed Pascal Caversaccio, also known as “pcaversaccio,” a co-founder and lead of crypto security response group SEAL 911, to its board as the organization deepens its focus on privacy and security.On Wednesday, the EF said Caversaccio joined for an initial one-ye…
Ionic Digital shares climbed about 26% from their opening price in their Nasdaq debut Tuesday after the Celsius-linked Bitcoin miner and AI infrastructure company completed its direct listing.The shares opened at $50 and closed at $62.90, giving Ionic a market capitalization of about $2.8 billion ba…
Total value locked in Ethereum Layer 2 networks has slid back to roughly $5 billion, a level last seen in 2023. This undoes most of the buildup from 2024, when mindshare was focused on the successful launches of L2s like Optimism, Arbitrum, and ZKsync.Optimistic rollups such as Optimism, Base, and A…
The Hong Kong Monetary Authority (HKMA) has launched a framework to assess banks’ preparedness for quantum-computing threats as the city expands its use of tokenized deposits, digital assets and blockchain settlement.On Monday, the HKMA introduced a white paper on quantum preparedness and the sector…
New York Attorney General Letitia James urged Congress to tighten proposed cryptocurrency legislation, warning that it would weaken states' ability to police the industry, and urged lawmakers to add stronger anti-money-laundering and ethics safeguards.The Clarity Act would undermine New York, which …
Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research.Coin days destroyed, a metric that gives greater weight to older coins, showed a similar decline.Thorn said the earlier …
Two former BitMEX customers filed a proposed class action against the crypto exchange and its three co-founders on the same day the platform announced it would shut down permanently in September 2026.BKX Services Inc. and David Namdar allege that BitMEX operated an undisclosed "Insider Trading Desk"…
Tether walked away from Europe rather than follow its stablecoin rules. Now a top Circle executive has an idea that could bring it back.The idea is called equivalence. It lets the EU accept the home rules a company already follows, with no separate EU coin needed.Why Most Stablecoins Skip EuropeMiC…
MoonPay has expanded its payment options by adding Discover Network, allowing U.S. users to buy and sell crypto through another major payment network.Discover joins Visa and Mastercard as the third major U.S. card network supported by MoonPay. The company also supports Apple Pay, Google Pay, PayPal,…
"We have to make trust verifiable," Robert MacDonald told FinanceMagnates.com.That is the standard the former Bybit compliance chief now inherits at MEXC, which named him its chief compliance officer today (Wednesday) as it pushes deeper into equities and other regulated products.MacDonald will run …