Wintermute plans to invest about $1 billion over five years in high-frequency trading and AI data-center infrastructure as it expands beyond digital assets. The crypto market maker wants traditional markets to generate more than half of its revenue by the end of 2027. Wintermute Targets Over 50% Revenue From Non-Crypto Markets by 2027 Wintermute […]
Wintermute Bets $1 Billion on AI and High-Frequency Trading Expansion
UBS has increased its BlackRock Bitcoin ETF holding to about 2.5 million shares worth nearly $90 million as of June 30, lifting the position’s value by roughly 230% during the first half of 2026. The U.S. Securities and Exchange Commission…
UBS raises BlackRock Bitcoin ETF stake to $90 million
Fidelity has filed to add staking to its ethereum ETF, potentially putting nearly all of FETH’s ether to work earning network rewards. Shareholders would receive net staking proceeds through quarterly cash distributions if the changes take effect. Fidelity Plans Quarterly Cash Payouts From FETH Staking Rewards Fidelity is seeking to turn its spot ethereum fund […]
Fidelity Moves to Stake up to 100% of Its Ether ETF
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea.
Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
Ethena has appointed FalconX as an institutional lending partner, adding an overcollateralized stablecoin credit facility to the assets backing its synthetic dollar business. Ethena said in an Aug. 14 announcement that the agreement will place stablecoins into overcollateralized lending arrangements…
Ethena taps FalconX for institutional stablecoin lending
UBS Group AG increased its holdings in Blackrock’s Ishares Bitcoin Trust (IBIT) to about $90 million, a sharp rise that shows growing demand for regulated bitcoin exposure among wealthy and institutional clients. The Swiss bank disclosed the position in a Form 13F filed with the U.S. Securities and Exchange Commission (SEC) on Aug. 13. As […]
Swiss Banking Giant UBS Doubles Down on Bitcoin ETF Exposure
Ethereum Foundation researcher Justin Drake has said the network’s layer 1 will leave Poseidon after an eight-year, eight-figure research effort and pursue established hash functions such as SHA-2 or BLAKE2s. Ethereum L1 turns away from Poseidon Justin Drake said in…
Ethereum L1 drops Poseidon in post-quantum move
KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its long-promised financial audit.
Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
Bitcoin closed lower after a volatile session, dropping to $62,912 before recovering slightly back above $63,000, pushing its market cap to $1.26 trillion. Crypto Liquidations Top $227 Million Following a virtually flat Wednesday close, bitcoin moved lower alongside an uptick in volatility. After spending much of Wednesday afternoon bound between $63,300 and $63,500, a brief […]
BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and prediction markets.
CFTC to join SEC in exploring crypto regulations without CLARITY bill
Tether has completed its first independent financial statement audit, with KPMG U.S. issuing an unqualified opinion after reviewing its 2025 accounts and a reported $6.814 billion reserve surplus. Tether said Thursday that KPMG U.S. conducted the audit of Tether International,…
Tether gets unqualified KPMG opinion in first full audit
The CFTC has scheduled a three-hour meeting for Aug. 20 to examine crypto assets, artificial intelligence, prediction markets, and its recent work across the three sectors. CFTC meeting will put crypto and AI policy on the agenda The Commodity Futures…
CFTC to discuss crypto and AI rules at first IAC meeting
The thesis is that high yields on long-term U.S. Treasuries make non-yielding assets like bitcoin less attractive.
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
The Blockchain Association argues the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system.