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Crypto exchange Gemini has appointed a new chief financial officer as it positions itself for a potential initial public offering. The company’s latest hire, Dan Chen, who previously served as vice president of capital markets at Affirm, announced the move in a
Bakkt Holdings (BKKT), a crypto exchange and custody firm, saw its shares plunge on Monday after disclosing that neither Bank of America (BAC) nor crypto trading app Webull Pay would renew their commercial agreements with the company. At the time of writing,
Crypto markets climbed higher on Monday with bitcoin (BTC) trading above $84,000 as another positive day for U.S. stocks extended their rise lifting risk assets.The largest cryptocurrency was up, the broader crypto market was up 1.8%, while the broad-market CoinDesk 20 Index
Gold has been on a strong run, surpassing $3,000 for the first time last week, and now there are calls for even more upside for the precious metal prices. Jeffrey Gundlach, CEO of DoubleLine Capital and colloquially known as the “Bond King”
Crypto asset manager Hashdex filed an amendment with the U.S. Securities and Exchange Commission (SEC) seeking to add litecoin (LTC) and XRP among other cryptocurrencies to its Nasdaq Crypto Index US ETF. The proposal also lists cardano’s ADA, solana’s SOL and other
Securitize and Ethena Labs, two firms working closely with BlackRock’s money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed to house tokenized assets and provide institutional investors with the innovation of decentralized finance (DeFi). Ethena, which offers a yield-bearing
Canary Capital has submitted paperwork with the Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of Sui (SUI), a layer-1 blockchain. The hedge fund manager on Monday submitted an S-1 filing with the SEC after previously
Ethereum developers launched a new test network, Hoodi, on Monday that will be used to carry out the blockchain’s upcoming ‘Pectra’ upgrade. Pectra will go live on Hoodi on March 26, and if all goes well, the long-awaited upgrade will proceed to
Sam Altman’s blockchain project, World Network, is teaming up with gaming hardware firm Razer on a suite of features designed to weed out bots from video games. “Razer ID verified by World ID” is a single sign-on mechanism that will verify real
It is now the regulatory open season for digital assets in the United States — and not just because the incoming president released a Solana memecoin on the eve of his inauguration. Now, it and other memecoins are being proposed as assets