Robinhood rolls out public blockchain as it expands deeper into crypto
Robinhood’s product push continues to blur the line between crypto and more traditional finance.
Finance
Economics professor warns of impending U.S. ‘economic catastrophe’ if this doesn’t change
Johns Hopkins economist Steve Hanke has warned that the United States is heading toward an economic catastrophe unless the Strait … Continue reading
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Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The crypto wallet is doubling down on perpetual futures after hiring the builders behind one of Hyperliquid’s highest-profile market experiments.
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path toward lower borrowing costs.
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five Asia-Pacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.
MiCA’s looming deadline could leave 10 million crypto users without a platform in the EU
As MiCA takes full effect on July 1, SwissBorg’s Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators’ tightening oversight.
Crypto exchange BitMEX removes CEO, CFO and head of growth
The firm’s global general counsel, Peter Wilkinson, has taken over as CEO from Stephan Lutz.
Tether putting $23 billion gold stockpile to work with bullion-backed loans
The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.
Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license
Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts.
Securitize expects to raise $400 million as tokenization firm nears public debut
The BlackRock-backed tokenization specialist expects to close its SPAC merger next week and start trading on the NYSE, pending shareholder approval.