South Korean fintech company Toss has signed an agreement with Ethereum Layer 2 network Optimism and privacy technology developer Sunnyside Labs to test blockchain infrastructure that could support a won-linked stablecoin. The three companies will run a three-month...
BlackRock is launching a new exchange-traded fund (ETF) tied to the Nasdaq-100, giving investors another way to invest in many of the biggest technology companies benefiting from the artificial intelligence boom. The new iShares Nasdaq 100 ETF will...
Naver Financial and South Korean crypto company Dunamu have postponed their planned comprehensive share swap for a second time, pushing the expected completion date to December 31. Dunamu announced that the exchange, previously scheduled for September 30, has...
Alpaca has completed the passporting of its regulated investment services across all 29 countries in the European Economic Area (EEA), giving fintech companies and financial institutions a single gateway to offer regulated investment products across Europe. The expansion...
Coinbase has received approval in the United Kingdom to offer investment services beyond cryptocurrency, allowing the exchange to add products such as equities and derivatives to its platform. The authorization allows Coinbase’s UK users to access traditional financial...
Binance has introduced BTC Yield, a new product that allows Bitcoin holders to earn returns on their BTC without selling or actively trading options. The product lets users subscribe with Bitcoin and receive BTCY, which earns yield through...
Multipli has announced that all features on its v1 platform will be disabled on July 7 as the protocol prepares to migrate users to Multipli v2. According to the project, users will still be able to log into...
Crypto company HashKey Group has warned job seekers about fraudulent recruitment campaigns after receiving reports of scammers posing as company recruiters in several countries. In a notice published on July 7, HashKey said multiple candidates had been contacted...
South Korean telecommunications company KT has announced an 18 trillion won (about $13 billion) investment plan centred on artificial intelligence, with blockchain-based token and stablecoin services included in its long-term business plans. Chief Executive Park Yoon-young unveiled the...
Nexo's stablecoin balances have become more diversified, with USDC strengthening its lead while euro-denominated stablecoins gain traction, according to new on-chain data. Data covering addresses linked to Nexo's platform through June 22 shows USDC accounted for about 60.7%...
