Institutional interest in digital assets keeps growing, and traditional banks are facing mounting pressure to foray into crypto custody. High-net-worth individuals, family offices, and hedge funds are no longer just buying Bitcoin; they’re demanding secure, regulated ways to store it. That demand opens a new line of business for banks: ...
Paxos Trust Company, the crypto infrastructure firm behind PayPal’s PYUSD stablecoin, has reignited its pursuit of a US national trust bank charter following the expiration of its initial approval in 2023. Originally granted conditional approval by the Office of the Comptroller of the Currency (OCC) in April 2021, Paxos did ...
Web3 is often described as the next phase of the internet, one where users take back control from centralized platforms. Built on blockchain technology, it promises a more open and democratic digital world, where individuals truly own their data, assets, and online experiences. No more gatekeepers. No more centralized control. ...
Kakao is preparing to launch a Korean won (KRW)-pegged stablecoin on the Kaia blockchain, marking a strategic step toward expanding decentralized finance (DeFi) within its vast ecosystem. The move follows the recent registration of four trademarks relating to the KRW stablecoin, including names such as “KRWGlobal” and “KRWKaia,” signaling Kakao’s ...
Spot Ether exchange-traded funds (ETFs) recorded their largest-ever single-day net inflows on Monday, pulling in $1.01 billion amid a sharp rally in Ethereum’s price and renewed bullish sentiment in the crypto market. BlackRock’s iShares Ethereum Trust (ETHA) dominated inflows, attracting $640 million — its highest daily total on record. Fidelity’s ...
Clearpool has entered a strategic partnership with Cicada Partners to strengthen institutional access to Payment Financing (PayFi) within the stablecoin economy. The collaboration will see Cicada, an on-chain credit risk advisory and management firm handle underwriting, structuring, and active oversight of Credit Pools through Clearpool’s Port Vaults. Cicada’s role includes ...
Australia has seen significant growth in the adoption of crypto debit cards, with platforms like Coinbase, Crypto.com, CoinJar, and Wirex leading the charge. These cards bridge the gap between traditional and digital finance by allowing users to spend digital currencies like Bitcoin and Ether. Essentially, they act like conventional debit ...
South Korea’s cryptocurrency exchange Bithumb has sharply reduced the scale of its recently launched coin lending service, slashing the leverage ratio from 4x to 2x and cutting the maximum lending amount by 80%, from 1 billion won to 200 million won. The move comes less than a week after the ...
Bitcoin staged a sharp rebound in Week 33, recovering from last week’s dip below $114K to trade near $121K, with renewed strength across spot, futures, and on-chain metrics, according to Glassnode. In spot markets, RSI rose from 41.5 to 47.5 and cumulative volume delta (CVD) moved from heavy selling to ...
If you own cryptocurrency or are considering it, one of the first questions you'll face is: Where should I store it? While software wallets and exchanges offer convenience, they also come with risks like hacks, phishing, and platform failures. That’s why hardware wallets have become a go-to for serious holders ...
