Everything web3, crypto, defi, degen
In brief Canary Capital has applied for a “Made in America” crypto ETF. The fund, if approved, would give investors exposure to digital coins created in the U.S. or primarily backed by U.S. operations. Canary Capital has applied for a number of altcoin ETFs, including Litecoin and Tron. Crypto fund manager Canary Capital has applied…
In brief Ripple’s shares trade at a discount to its XRP holdings VivoPower is trying to buy them for discounted XRP exposure. The shares aren’t owned by Ripple itself, a person familiar with the matter said. Ripple owns billions of dollars worth of XRP, but company shares trading on private secondary markets don’t fully reflect…
KANYE LAUNCHES TOKEN, BNB ATH, CHINA CONSIDERING STABLECOINSBNB hits ATH, SOL strong but most majors fall. China considering yuan-backed stablecoins. Crypto too small to put financial stability in play: Bostic. Crypto part of a payments revolution: Fed’s Waller. HTX rolls out stablecoin yields up to 20%. BNB treasury firm Windtree gets delisting notice. DBS to…
In brief Kyrgyzstan’s President has appealed to UK and U.S. leaders over UK sanctions imposed on Kyrgyz crypto networks linked to the rouble-pegged stablecoin A7A5. The country has rapidly emerged as a hub for Russian trade and crypto flows since the invasion of Ukraine. Analysts say Kyrgyzstan-based exchanges Grinex and Meer show signs of being…
In brief xStocks, a feature which allows users to traded tokenized versions of companies like Nvidia, Apple, and Meta, is expanding to Tron. The tokenized stocks are backed 1:1 with real shares in the underlying companies. xStocks so far have generated more than $500 million in on-chain trading volume. Tokenized versions of Tesla, Nvidia, Apple,…
We’re proud to announce the next step in the global expansion of xStocks, the industry standard for tokenized equities. In partnership with Backed, Kraken is collaborating with the TRON DAO to integrate xStocks with the TRON blockchain, opening up new opportunities for tokenized equities exposure across one of the world’s most active and scalable blockchain…
In brief Cardano’s ADA has climbed double digits on the day and is one of the biggest winners of the week as it hit a five-month high. It comes as Bitcoin set a new all-time high on Wednesday, while Ethereum closes in on its peak. Predictors on Myriad believe that it is almost certain that…
In brief TRON founder Justin Sun is suing Bloomberg to block publication of his detailed crypto holdings. Sun warns that disclosing specific crypto amounts would expose him to “wrench attacks,” and enable criminals to identify his wallet addresses. Bloomberg journalists allegedly promised his data would remain “strictly confidential,” but the company now plans to publish…
The momentum has shifted in the yearslong battle between top crypto companies and protocols and the U.S. Securities and Exchange Commission under the new Trump administration. The regulator, which now has a crypto-friendly chairman in Paul Atkins and a crypto task force led by longtime industry advocate Hester Peirce, is moving away from what Pierce and…
In brief Jeff Bezos’ Blue Origin is accepting cryptocurrency payments for flights to space. Crypto holders can use Bitcoin, Ethereum, and Solana to snag their seat on the firm’s New Shepard spacecraft. Crypto payments are facilitated by global payments firm, Shift4. Amazon founder Jeff Bezos’ rocket and space exploration firm Blue Origin is now accepting…
