Newsroom
Markets · Trade Signals
The House Oversight Committee has launched an investigation into prediction market platforms Polymarket and Kalshi, citing concerns that US government employees could use non-public information to profit from…
The Distributed Team
Business · Bitcoin
Bitcoin treasury company Strategy plans to repurchase 1.5 billion dollars of its 0 percent convertible notes due in 2029. The company will retire about half of the total…
The Distributed Team
Markets · Banking
The Financial Conduct Authority (FCA) and Bank of England (BoE) are consulting on guidance for tokenised finance, a report reveals. The regulators are also planning to extend the…
Eric Nkando
Markets · ECB
The European Central Bank has thrown its weight behind a major plan by the European Commission to centralise financial supervision across the European Union, marking a potentially transformative…
Eman Shaikh
Markets · Banking
The European Central Bank (ECB) has approved tokenising EU capital markets, a bulletin revealed. According to the ECB’s latest Macroprudential Bulletin, Distributed Ledger Technology (DLT) could boost efficiency,…
Eric Nkando
Markets · Anthropic
The Bank of England has started testing how artificial intelligence could destabilise the UK financial system, as pressure grows on the government to tighten oversight of big technology…
The Distributed Team
Crypto · Blockchain
Circle has launched USDC Bridge, a new interface designed to simplify how users transfer the USDC stablecoin across blockchains. The tool builds on the company’s existing Cross-Chain Transfer…
The Distributed Team
Crypto · Financial Sector
The Bank for International Settlements (BIS) has cautioned that a US dollar-backed stablecoin could threaten financial stability, a report reveals. Pablo Hernández de Cos, BIS’s general manager, explained…
Eric Nkando
Crypto · CFTC
Wisconsin has launched legal action against several major prediction market platforms, arguing that their products operate as illegal gambling rather than regulated financial instruments. The lawsuits target Kalshi,…
The Distributed Team
Markets · Financial Sector
Global financial markets are once again feeling the ripple effects of geopolitical instability as the ongoing Middle East conflict forces major companies across industries to rethink their financial…
Eman Shaikh
Crypto · CFTC
A growing dispute over who controls prediction markets in the United States intensified on Friday after the Commodity Futures Trading Commission filed a lawsuit against New York. The…
The Distributed Team
Crypto · Adoption
Russia’s State Duma has approved a Digital Currency and Digital Rights Bill in its first reading, a report revealed. This landmark bill sets the stage for digital assets…
Eric Nkando
Crypto · Adoption
Crypto.com has announced the launch of Crypto.com IRAs, the first crypto-native mixed-asset retirement account that will allow users to invest in stocks and cryptocurrencies. These accounts will be…
Eric Nkando
Crypto · Adoption
Crypto firm Nexo has resumed operations in the U.S. market after a three-year absence triggered by regulatory action, Reuters revealed. In 2023, the company paid a $45 million…
Eric Nkando
Business · Ethereum
The Ethereum Foundation (EF) has staked over $46.2 million worth of ETH, the single largest deposit in a bid to reach its 70,000 ETH or $140 million target.…
Eric Nkando
Crypto · IMF
The International Monetary Fund (IMF) has warned against tokenisation, a news report revealed. IMF notes that putting real-world assets like money, bonds, and funds on blockchain could transform…
Eric Nkando
Markets · Banking
The Federal Reserve is stepping up its oversight of the financial system by asking major U.S. banks to disclose their exposure to private credit firms. The move comes…
Eman Shaikh
Crypto · Adoption
NovaBay Pharmaceuticals (NBY), valued at $30 million, has made a full shift to crypto. The healthcare nanocap entity announced that it has changed its name to Stablecoin Development…
Eric Nkando
Markets · Banking
U.S. regulators have outlined plans to ease capital requirements for major banks, marking one of the most significant rewrites of financial rules since the 2008 crisis. The proposal…
The Distributed Team
Crypto · Bitcoin
Morgan Stanley has filed to launch a spot Bitcoin exchange-traded fund (ETF) priced at just 14 basis points, a rate that would make it the cheapest such product…
The Distributed Team
Crypto · Canada
Canada’s federal government has introduced a bill to ban cryptocurrency donations in political campaigns, bringing to an end a little-used fundraising option that has raised transparency concerns. Bill…
The Distributed Team
Crypto · Adoption
Ripple rolled out Ripple Treasury, an enterprise platform that lets companies manage traditional cash and digital assets in one system. It follows its roughly $1 billion acquisition of…
The Distributed Team
Crypto · Adoption
US mortgage lender Rate has launched RateFi, a nationwide mortgage program, a report reveals. The program is expected to allow qualified borrowers to count verified cryptocurrency holdings toward…
Eric Nkando
Markets · Global Banks
The US dollar has long been seen as the world’s ultimate safe haven, a currency investors rush toward in times of uncertainty. However, a recent report by ING…
Eman Shaikh
Crypto · Crypto Markets
Crypto lender Nexo has officially reentered the U.S. market after exiting in 2022 due to regulatory disputes over its Earn Interest Product, a report reveals. Antoni Trenchev, Nexo…
Eric Nkando
