Hong Kong-based crypto investment group HashKey Capital launched its first liquid crypto fund in September 2023, targeting liquid tokens and seeking returns that could outperform Bitcoin. The fund was designed to give investors exposure beyond the two largest...

Bitwise has withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on August 3, 2023. This development has surprised investors as Bitwise did...

Binance has officially announced its plans to gradually discontinue support for Binance US Dollar stablecoin (BUSD). The move confirms prior speculations that the exchange would do so following Paxos's announcement to halt the issuance and redemption of the...

Federal Judge Lewis Kaplan has set a September 7 for former FTX CEO Sam Bankman-Fried to request a jury for his trial scheduled for October. During an August 30 hearing, Judge Kaplan reportedly queried Bankman-Fried's lawyers about potentially...

Binance has introduced a new product for its users across Latin America to seamlessly transfer their cryptocurrency holdings into their bank accounts. The newly launched service, Send Cash, allows crypto transfers from nine countries in the region, including...

In another significant step marking its expansion into the financial services sector, X (formerly Twitter) has obtained a financial services license in another state in the U.S. According to public records, X, via its subsidiary Twitter Payments, secured...

Binance has announced that it will no longer offer about 39 liquidity pools to users. The crypto exchange noted that the decision was based on its latest periodic review of listed liquidity pools aimed at optimizing trading experiences....

As central banks worldwide intensify efforts to explore the benefits and issue a central bank digital coin (CBDC) in respective countries, the Reserve Bank of Australia (RBA) has declared that the nation is not yet prepared to issue...

Binance has launched its instant payment service, Binance Pay, in Brazil. In a blog post on August 22, 2023, the crypto exchange noted that the move was to allow local merchants to offer a new payment alternative to...

Coinbase and Circle announced a new structure for managing US Dollar Coin (USDC) in August 2023. Under the agreement, Centre Consortium would stop operating as a separate organisation, while Circle would take direct responsibility for issuing and governing...