adoption
* Corporate adoption of cryptocurrency is still in its early stages. * Spot Bitcoin ETFs have brought legitimacy to the industry. * Corporate adoption lags behind traditional finance inflows. * Mainstream trust in crypto is low, hindering adoption. * Corporations are crucial for building trust in the market. * Grayscale's Bitcoin Trust ETF has
bitcoin
* Bitcoin and ether fell by around 1% over 24 hours. * Bitcoin dropped to just below $66,000, near the low end of its trading range. * U.S.-listed bitcoin miners reached a record market cap of $22.8 billion. * The Financial Stability Board will further examine challenges posed by stablecoins.
crypto
* David Hirsch, head of SEC's Crypto Asset Unit, leaves after nearly 9 years. * Hirsch led significant investigations and regulatory actions in the crypto space. * No details on Hirsch's next role, but he denies joining pump.fun. * SEC faces political scrutiny over crypto regulation amid U.S.
coinbase
* Coinbase International launches pre-launch markets for crypto projects.Allows trading of perpetual futures contracts on tokens before launch. * Available to institutional investors and retail traders via Coinbase platforms.Assets capped at 50% initial margin and $50,000 notional position limit. * Pre-launch markets use a different index price mechanism than standard
crypto
* Twitter CEO plans to introduce payments feature, transforming user engagement. * Yaccarino leads Twitter's expansion into AI, audio calls, and video streaming. * Celebrities like Ariana Grande influence meme coin trends on social media. * Musk hired Yaccarino to accelerate Twitter's evolution into an "everything app." * Twitter
crypto
* Yield-bearing stablecoins gaining popularity with sUSDe, USDM, and USDL leading the trend. * sUSDe uses delta-neutral trading strategy, USDM raised $8M, USDL offers 5% annual yield. * Regulated stablecoins backed by U.S. dollar, provide daily yield through auto-rebasing. * Optimism for sustained appeal even if interest rates decline, demand from emerging markets.
crypto
* UwU Lend hack not a Curve exploit, hacker cashed out CRVs on Curve Finance. * Egorov clarifies fake CRV burn announcement, no 10% token burn. * Egorov repays $10M bad debt from UwU exploit, no impact on users. * Curve Finance to manage liquidation risks with borrow caps and liquidation bots. * Egorov suggests
crypto
* Terraform Labs and Do Kwon to pay $4.5B to SEC in settlement agreement. * SEC seeks approval from Judge Rakoff for the proposed judgment. * Kwon to pay $204M personally, banned from public company roles. * Terraform's algorithmic stablecoin collapse led to $40B in losses. * SEC charges Terraform and Kwon
crypto
* Teeka Tiwari was a powerful promoter of digital assets, known for market-moving effects on crypto. * His picks caused immediate rallies in coins like AION and POWR, attracting traders' attention. * Copycat newsletters emerged to replicate Tiwari's success in the crypto market. * Tiwari's picks from 2017-2018 have
crypto
* Consensys CEO Joseph Lubin emphasizes importance of security in crypto space. * Lubin compares crypto security to early banking days, urges industry to improve. * He advises users to avoid social media financial advice and keep assets in cold storage. * Lubin warns of increasing threats in crypto space as it grows. * He
banking
* Keyrock appoints TradFi veterans as CCO and COO. * Valdes-Rodriguez from Abra, Adiliberti from Amber Group. * Focus on bridging gap between crypto and TradFi. * B2C2 hires ex-Goldman Sachs pro for EMEA sales. * State Street seeks digital assets-focused execs. * State Street job postings indicate focus on blockchain tech. Summary : Belgium-based digital asset
acquisition
* Robinhood to acquire Bitstamp for $200 million in cash. * Deal expected to close in first half of 2025. - * Bitstamp brings institutional and retail customers to Robinhood. * Acquisition aims to expand Robinhood's global reach in crypto. * Robinhood faces SEC scrutiny but sees crypto as growth driver. * Kraken considers