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Infini, a prepaid payments card issuer that offers interest on deposited dollar stablecoins, warned a hacker it had “gathered critical IP and device information” after losing almost all the value locked in its wallets. The attacker drained $49.5 million from the Hong
RealNOI, a company focused on transforming real estate income into a tradable asset, has rolled out its blockchain-powered rental income platform build on top of real-world asset (RWA) tokenization service Chintai. The platform gives investors access to cash flows worth $570 million
DekaBank, a German investment bank with 377 billion euros ($395 billion) in assets under management, introduced cryptocurrency trading and custody services for institutional clients after almost two years of development. The Frankfurt-based company’s move follows regulatory approval for a crypto custody license
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3106.99, down 0.8% (-25.47) since last Friday at 4 p.m. ET. 5 of 20 assets are
EDX Markets, which is backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities, is adding 17 new cryptocurrencies to its platform, transforming its previously limited selection into a more robust trading platform as it gets ready to absorb growing institutional demand
Ethena, developer of the synthetic stablecoin USDe, has raised $100 million to finance a similar token targeted at traditional financial (TradFi) institutions, Bloomberg reported on Monday. The funding round was completed in December, with Franklin Templeton and Fidelity Investments-affiliated F-Prime Capital among
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin and ether, the two largest digital assets by market value, remain largely within their recent trading ranges two days after the $1.5 billion hack of Bybit, one of the top cryptocurrency exchanges.
Bitcoin’s (BTC) recent narrow price range between $94,000 and $100,000 has perplexed many market participants. While the largest cryptocurrency historically shows strong directional moves followed by months-long consolidations, known as stair-step price movements, this time feels different. Usually consolidations are followed by
Germany’s Centre Right Alliance (CDU/CSU) managed to secure the most seats in the country’s parliamentary election on Sunday, suggesting a more innovation-friendly environment awaits. Friedrich Merz’s CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of
Solana-based token issuance platform Pump.Fun may soon be launching its own automated market maker (AMM), according to a URL connected to the site. However, there has been no public announcement yet. AMM is a exchange system in crypto markets that makes trading