Stripe’s stablecoin firm Bridge wins initial approval of national bank trust charter
The U.S. banking license would allow Bridge to issue and manage stablecoins under direct federal oversight.
Read MoreGold firm Elemental Royalty to pay out dividends in Tether’s tokenized gold
The company claimed the bragging right of being the first to let investors opt for dividend payments in a cryptocurrency, backed by gold.
Read MoreCrypto venture capital firm Dragonfly raises $650 million despite ‘gloom of a bear market’
The firm’s fourth fund positions it alongside a16z and Paradigm even as blockchain VC fundraising contracts and investors pivot toward stablecoins and tokenized finance.
Read MoreBitcoin slips below $67,000 as software stocks continue to plunge
The most important indicator for bitcoin’s price direction at the moment is the iShares Tech-Software ETF, and it’s down another 3% on Tuesday.
Read MoreCFTC’s Selig opens legal dispute against states getting in way of prediction markets
Commodity Futures Trading Commission Chairman Mike Selig fired a legal warning shot defending his agency’s jurisdiction over the event contract space.
Read MoreBitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal
Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.
Read MoreThe crypto tax reckoning is here
We are officially entering the ‘crypto tax enforcement era’, but the new rules, written by people who don’t understand crypto, could have some big repercussions for the industry as a
Read MoreTrading platform eToro shares jump 14% after posting record Q4 profit despite crypto revenue drop
The results were particularly notable given the struggles at peers Robinhood and Coinbase.
Read MoreCrypto custodian BitGo a potential acquisition target for Wall Street firms, analysts say
Compass Point and Canaccord call BitGo a potential acquisition target and defend the stock despite its weak debut, citing growth in institutional crypto infrastructure.
Read MoreBitMine adds $90 million in ETH — Tom Lee says crypto sentiment reminiscent of 2018 and 2022 bottoms
The Ethereum treasury firm continues its buying spree with its largest weekly ETH purchase in token terms this year.
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