Wall Street Unveils $4 Quadrillion Infrastructure to Launch Tokenized US Treasuries
The SEC gave DTCC the green light to launch a tokenization service last week, and the company will be starting by minting US Treasurys on Canton.
Coinbase Expands Features with Stock Trading and Prediction Markets in Ambitious All-in-One App Initiative
Coinbase is racing toward its goal of creating an “everything app” with its platform adding a slew of new offerings, including stock trading and prediction markets.
Hut 8 Secures $7 Billion Lease for Google-Backed AI Data Center, Enhancing Bitcoin Mining Operations
The 15-year agreement anchors Hut 8’s shift toward long-duration AI infrastructure revenue as hyperscalers seek power-first compute capacity.
Jito Foundation Reestablishes Presence in the US with Improved Framework for Digital Assets
Jito Labs' CEO said the foundation was forced offshore due to hostile regulators under the previous SEC leadership.
Coinbase Receives Approval from Indian Regulators for Investment in CoinDCX
The regulatory approval followed an October notice from Coinbase saying that the exchange would be investing an undisclosed amount into the Indian exchange.
Deutsche Bank Begins Coverage of Coinbase with Strong Buy Rating, Anticipates 40% Growth Potential to Reach $340
Derivatives and stablecoins are expected to take a growing share of revenue as Coinbase broadens beyond spot trading.
Hyper Foundation Plans to Reduce Circulating Supply of HYPE Tokens by $1 Billion by Eliminating Hyperliquid's Assistance Fund
In practice, the fund functions like a continuous buyback-and-burn system by converting trading fees into inaccessible HYPE tokens.
Former Alameda CEO Avoids Federal Prison Over the Holidays
With about two months remaining until her expected release date, former Alameda Research CEO Caroline Ellison has been transferred out of federal prison.
CFTC Acting Chair to Transition to MoonPay Role Following Departure from Agency
The sole remaining CFTC commissioner, Caroline Pham, said earlier this year that she would leave the agency after the US Senate confirms a replacement.
Analyst Argues that Bitcoin Dropping to $70K Would Reset the Market Cycle Instead of Signaling a New Bear Market
The likelihood of a Bitcoin correction to $70,000 has increased, but one analyst said the price drop would confirm a macroeconomic reset, rather than the start of a new bear
CFTC Acting Chair Rostin Behnam Joins MoonPay as Chief Legal and Administrative Officer
CFTC Acting Chai Pham is moving on to a new role at MoonPay as its chief legal officer and chief administrative officer.
Binance Exposes Fraudulent Listing Agents and Announces Whistleblower Reward of Up to $5 Million
Binance warned users to avoid token listing agents and offered as much as $5 million to whistleblowers who report listing fraud.