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Crypto Custodian BitGo Files For IPO With $90 Billion In Assets Under Custody
The cryptocurrency sector is about to welcome another major IPO. BitGo, a crypto custodian founded in 2013, has filed with the U.S.…
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Federal Reserve Rate Cuts Boost Optimism In US Housing Market
The U.S. housing sector is back in the spotlight as the Federal Reserve restarts interest rate cuts for the first time since…
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AxCNH Stablecoin Debuts As China Pushes Digital Currency Influence Beyond Borders
AnchorX, a Hong Kong-based fintech firm, announced the launch of AxCNH, a stablecoin pegged to the offshore Chinese yuan (CNH). AnchorX.KZ becomes…
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London Stock Exchange Launches A Blockchain Platform For Private Funds
The London Stock Exchange Group (LSEG) announced the launch of Digital Markets Infrastructure (DMI), a blockchain-based platform for private funds. Powered by…
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Collapsed Crypto Exchange FTX To Distribute $1.6 Billion To Creditors In Latest Payout
Nearly three years after FTX’s dramatic collapse, the exchange is taking another major step toward repaying creditors. On September 30, the bankruptcy…
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Fraud Fears Force German Banks To Freeze Over €10 Billion In PayPal Transfers
German banks temporarily blocked payments worth more than 10 billion euros from PayPal earlier this week after raising alarms about possible fraud.…
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Morgan Stanley Challenges Fed Over Capital Buffer In Rare Stress Test Dispute
The Federal Reserve has locked in fresh capital requirements for the nation’s largest banks, but not without pushback. Morgan Stanley is seeking…
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El Salvador Moves Bitcoin Reserve Into Multiple Wallets In Security Update
El Salvador has changed how it secures its national bitcoin reserve, moving funds into multiple wallets in a shift officials described as…
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Trump Media Secures $105M In Cronos Tokens Through Crypto.com Deal
Trump Media has completed a $105 million acquisition of Cronos tokens in a cash-and-stock deal with Crypto.com, marking one of its largest…
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Brazil’s Top Asset Manager Itaú Introduces Crypto-Focused Division
Brazil’s largest private asset manager is stepping deeper into digital assets with the launch of a new crypto-focused division. Itaú Asset Management…