Japanese TradFi giant eyes stablecoin launch with Ava Labs, Fireblocks
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs...
FDUSD issuer refutes Justin Sun’s insolvency allegations, calls it a ‘smear campaign’
First Digital Trust (FDT) denied Justin Sun insolvency allegations and said its stablecoin is fully backed with US Treasury bills.
Sun had made the allegation...
Galaxy Secures UK Approval for License to Expand Derivatives Trading
Galaxy Digital UK, the subsidiary of Mike Novogratz-led digital asset financial services firm's application for a license to execute derivatives trading in the U.K....
Ben Fielding: Decentralizing Machine Intelligence
It started with a noisy desk. The desk was a wooden cubicle in a lab at Northumbria University, in northern England, where a young...
First Digital to ‘Pursue Legal Action’ Over Justin Sun Allegations as FDUSD Drops
FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though...
Avalanche’s AVAX Could Rise 10-Fold by 2029: Standard Chartered
Avalanche's AVAX token is poised for major gains in coming years that should outpace already bullish outlooks for both bitcoin and ether, according to...
Scroll co-founder argues taxing layer-2 networks is threat to Ethereum’s values
Ye Zhang, the co-founder of Ethereum layer-2 network Scroll, has pushed back against calls for Ethereum to impose fees on layer-2 networks.
Zhang argued in...
Solana’s Jupiter Buys DRiP Haus, DeFi Exchange’s First NFT Play
Non-fungible tokens (NFTs) may be well off their frothy heights, but don't tell that to Jupiter. Solana's top DeFi exchange just brought digital collectibles...
Why a Diversified Approach to Crypto Investing Makes Sense
Once considered speculative investments, cryptocurrencies are becoming increasingly mainstream. In Europe, WisdomTree is at the forefront of leading that charge. The global financial services...
Bitcoin ETFs Could See $3B in Q2 Inflows Even Without Price Recovery, Says Analyst
The spot bitcoin ETFs saw sizable inflows in the first quarter despite the lame price action and at least one analyst sees the next...
Crypto’s Fairshake Notches Latest Wins in Florida Congressional Races
The crypto industry's primary political action committee, Fairshake, flooded support to Republican candidates in the U.S. House of Representatives special elections this week in...
5 Crypto Tax Mistakes That Could Trigger an IRS Audit
With IRS audits on the rise for 2025, cryptocurrency holders face more scrutiny than ever. It’s not just about paying taxes. The evolving rules...
Fidelity Lets Investors Directly Invest in Crypto Through New Retirement Plan
Fidelity Investments rolled out a retirement plan that invests directly in crypto on Thursday, giving investors another method for tapping this asset class. The brokerage...
Depositary Receipts: A Critical Direct Bridge Between Crypto and TradFi
Digital assets have grown into a multi-trillion-dollar market, yet they remain largely disconnected from traditional finance. Institutional investors increasingly want to own and monetize...
Grayscale unveils 2 new ETFs turning Bitcoin volatility into income
Grayscale has launched two new Bitcoin exchange-traded funds (ETFs), expanding its crypto investment suite with products centered on income generation, according to an April...
Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System
Ripple, an enterprise-focused blockchain service closely tied to the XRP Ledger (XRP), said on Wednesday it has integrated its stablecoin to the company's cross-border...
