Hong Kong’s ZA Bank starts offering services to stablecoin issuers
Hong Kong-based digital bank ZA Bank is launching reserve banking services for participants of the stablecoin sandbox. Hong…
Brevan Howard’s crypto fund gains 20%, hitting $2.3b in AUM: report
Brevan Howard Asset Management’s crypto fund has gained 20% in H1 2024 as institutional investors turned to crypto…
Binance analysts says ‘worst likely behind’ as Bitcoin trades near $65k
Analysts at Binance Research say they remain “optimistic” about the market’s outlook, expecting upcoming catalysts to position the…
Crypto liquidity hub Wintermute reportedly in talks with Tencent to raise up to $300m
Algorithmic crypto trading firm Wintermute is reportedly in discussions with Chinese giant Tencent and other investors to raise…
Russian lawmaker pushes for Hamster Kombat ban over scam concerns
Anatoly Aksakov, the leader of Russia’s State Duma Banking Committee, has urged banning Telegram’s tap-to-earn game Hamster Kombat,…
Bybit’s USDT reserves soar by 18% as BTC shows signs of local bottom
Cryptocurrency exchange Bybit has released the twelfth proof of reserve, featuring a 17.8% increase in USDT holdings. Crypto…
Resonance Security unveils new tool for web3 websites to combat DNS manipulation
Blockchain security firm Resonance Security is rolling out a new tool to help web3 protocols defend against DNS…
Elwood sells crypto OTC branch to Standard Chartered-backed Zodia Markets
Institutional crypto trading firm Zodia Markets has officially confirmed the acquisition of Alan Howard-backed Elwood’s OTC branch. Crypto…
Hong Kong to present regulatory framework for stablecoins by 2025
Hong Kong’s financial regulators have received over 100 submissions from market participants, with a vast majority endorsing the…
Owlto Finance secures new funding at $150m valuation
Cross-chain interoperability protocol Owlto Finance has raised new funds in a round backed by Matrixport, propelling its valuation…