$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.
Independent coverage of UK markets, FCA policy and institutional trading
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.
European issuers say Europe cannot ignore demand for dollar stablecoins as businesses seek USD liquidity for global payments and settlement.
The post Charles Hoskinson’s Midnight NIGHT Surges 159% After Biggest Crash appeared first on Coinpedia Fintech News Charles Hoskinson’s Midnight project is making a strong comeback after one of its w…
The U.S. labor market showed weakness in September, potentially giving the Federal Reserve room to hold interest rates even as inflation remains elevated.
The post VanEck Files Prospectus for BNB ETF With Staking Rewards appeared first on Coinpedia Fintech News VanEck’s BNB ETF is listed on Nasdaq and aims to track BNB’s price along with staking rewards…
The post Bitget Hack: How AI Helped in Tracing $387 Million Across Chains appeared first on Coinpedia Fintech News
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations.
Bitcoin was trading at $86,757 on Friday, up 3% over 24 hours and 2% on the week, according to CoinGecko data, after a September that broke the month's losing reputation. It remains about 31% below th…
Crypto AI sector gained 54% in September versus 24% for the broader crypto market.
Ethereum layer-2 network Blast is shutting down, a little over two years after its launch, as fading activity has left the blockchain unable to cover its operating costs.
The Ethereum price setup just got more interesting. ETH/BTC has reportedly broken its long-running downtrend, ending a period of relative weakness against Bitcoin that had stretched back to 2017.
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance.
The post Porsche Ends Web3 Project and PIONΞERS CIRCLE appeared first on Coinpedia Fintech News Porsche has announced the conclusion of its Web3 project and PIONΞERS CIRCLE community. The move ends ac…
The post Absa Becomes First African Bank to Offer Digital-Asset Custody appeared first on Coinpedia Fintech News
The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening — even if you could.
Strategy’s scale and cash reserves give it an edge over treasury rivals, according to Saifedean Ammous, author of “The Bitcoin Standard.”
The post Why Did Blast Decide to Wind Down Its L2? appeared first on Coinpedia Fintech News Blast is shutting down its Layer 2 network, ending a project that once pitched unusually high yields and a d…
Oil prices fell sharply, with Brent crude trading around $103.50 and U.S. crude below $90. The decline followed reports that European countries could release oil stocks amid pressure from the United S…
Google has launched its AI chips into low Earth orbit aboard a SpaceX Falcon 9 to test whether AI data centers can operate in space. The Project Suncatcher mission will examine how Googleâs TPUs han…
Tokenized stocks and ETFs on BNB Chain reached $1.1 billion as the broader market climbed to $3.7 billion, putting the network’s share at roughly 30%.
AAVE price jumps 8.27% to $185.62, pushing into a major $195â$205 resistance zone after breaking out from its multi-month base.
The TRUMP coin, a Solana-based token strongly tied to Loading profile preview , has had a volatile journey. It captured headlines with a viral campaign offering top holders a gala dinner with the U.S.…
Circle wants the EU to replace mandatory bank-deposit minimums with more flexible liquidity rules and preserve cross-border stablecoin issuance.
Hacks are never good, but a rapid response, user compensation and 1-hour bug fixing seems to top the spectrum of team reactions.