Interconnections between centralized and decentralized crypto lending are heightening systemic risk, Galaxy Digital’s research arm said in a June 4 report on first-quarter borrowing data. […]
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XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role
Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem. On June 4, Panos Mekras, co-founder […]
Sentient’s AI chatbot Dobby Plus challenges OpenAI with open-source, user-governed AI model
Sentient, a decentralized AI company, has introduced Dobby Plus, an open-source chatbot now available on X and Hugging Face, according to a June 4 statement […]
South Korea’s new president races to approve Bitcoin ETFs for 16 million traders
South Korea’s newly elected president Lee Jae-myung has vowed to legalize spot Bitcoin exchange-traded funds and launch a national KRW-backed stablecoin, which could turbocharge crypto […]
RIAs surpass hedge funds in Bitcoin ETF holdings, manage over $10 billion in BTC
New data from the latest 13F filings reveals a sharp increase in institutional interest in spot Bitcoin ETFs, with registered investment advisors (RIAs) emerging as […]
JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in evaluations
JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to […]
WazirX relocates to Panama after Singapore court blocks restructuring efforts
Crypto exchange WazirX suffered a major legal blow after the Singapore High Court rejected its restructuring proposal to relaunch operations following a $230 million hack […]
Ethereum Foundation unveils comprehensive treasury plan to balance capital and privacy commitments
Ethereum Foundation has released a sweeping update to its treasury management strategy, signaling a more mature, structured approach to capital allocation amid ETH’s growing global […]
Brazil’s central bank plans to use CBDC data to guide interest rate decisions
Brazil’s Central Bank plans to treat transaction data from its central bank digital currency (CBDC) infrastructure, called Drex, as a direct input for setting the […]
Circle set to exceed IPO expectations after overwhelming investor demand
Circle is poised to price its initial public offering above its marketed range after receiving investor orders for more than 25x the number of shares […]
