Mastercard is in advanced talks to acquire stablecoin infrastructure firm Zerohash in a deal that could be worth up to $2 billion. Summary Mastercard is in late-stage talks to acquire stablecoin infrastructure provider Zerohash. The deal is expected to be valued between $1.5 and $2 billion. The acquisition would mark the largest deal in the…
Hong Kong regulators have blocked at least five public companies from pivoting to digital asset treasury models, as they weigh whether formal guardrails are needed to curb valuation bubbles and protect retail investors. Summary Hong Kong’s securities regulator has blocked at least five listed companies from shifting to digital asset treasury models amid concerns over…
After the debut of two Solana ETFs on the U.S market, the crypto community is anticipating major price moves from the token as it chases the ETF hype. Will it reach $200? Summary Bitwise’s Solana Staking ETF has dominated early market activity with over $116 million in net inflows, fueling renewed institutional interest and making…
Securitize has partnered with BNY Mellon to launch a tokenized fund offering onchain exposure to AAA-rated collateralized loan obligations. Summary BNY Mellon will safeguard the fund’s underlying assets and manage its portfolio through a subsidiary. Grove, an institutional credit protocol, plans to anchor the fund with a $100 million allocation, pending approval within the Sky…
After two brief days of inflows, Ethereum ETFs are back in the red as price remains volatile. Summary Ethereum ETFs recorded $81.44M in net outflows on Oct 29, reversing a short-lived inflow streak. Fidelity’s FETH led with the largest outflow at $69.49M while only BlackRock’s ETHA saw positive inflows of $21.36M. RSI at 44.45 and…
U.S. spot Bitcoin exchange-traded funds returned to net outflows on Wednesday as investors took profits and repositioned themselves ahead of Fed Chair Jerome Powell’s speech. Summary U.S. Bitcoin ETFs recorded $470.7 million in net outflows on Wednesday. Spot ETF funds broke the inflow streak as Bitcoin failed to rally even after rate cuts were announced…
One of Solana’s leading trading platforms is taking a new step that could reshape how tokens are launched across the network. Summary HumidiFi DEX will debut its WET token on Jupiter’s DTF ICO platform. The Solana-based DEX processes up to 40% of network DEX volume. DTF grants JUP stakers exclusive access and introduces a controlled token sale format. HumidiFi, a leading decentralized…
Overregulation threatens to remove Europe’s edge in digital assets, says Wojciech Kaszycki, CSO of BTCS. Summary Regulatory divergence between the U.S. and the EU is accelerating Tether, the largest stablecoin on the market, is actively banned in the EU Each EU country must pass its own law to interpret MiCA, creating inconsistency A few years…
BitGo has added custody support for Canton Network, allowing institutional investors to tap into the crypto infrastructure providers’ solution for secure holding and management of the native Canton token. Summary BitGo has added qualified custody support for privacy-first blockchain Canton Network. The integration makes the digital asset custody provider the first U.S.-based qualified custodian for…
Hyperliquid price traded around $47 on October 29, but with 21Shares filing for a spot exchange-traded fund tracking the HYPE token, fresh gains are likely to propel it above the crucial $50 mark. Summary Hyperliquid traded near $47 on Wednesday afternoon US time as most altcoins showed muted gains. The token did not spike amid…
