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Finance

Figure Markets Offers SEC-Registered Yield-Bearing Stablecoin as Tokenized Asset Demand Soars

The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.

Figure Markets CEO Mike Cagney (Figure)

Finance

Onramp and Arch Launch Bitcoin-Backed Lending Service

The new lending product allows Bitcoin holders to access liquidity without selling their assets.

CoinDesk

Finance

Memecoin Craze Is 'Unquestionably Over' as Crypto Heads Towards Maturation, Nic Carter Says

The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.

(Jacob Townsend/Unsplash)

Policy

EToro Secures MiCA License From Cyprus to Offer Crypto Services Across EEA

The approval allows the trading platform to expand its digital asset offerings across all 30 European Economic Area countries.

EU flag and other flags (Yuedongzi CHAI/ Unsplash)

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Finance

Franklin Templeton Brings Tokenized U.S. Treasury Fund to European Investors

The asset manager's U.S.-registered version of the fund Franklin OnChain U.S. Government Money Fund has attracted $580 million in assets.

Jenny Johnson, Franklin Templeton President and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Finance

Blockchain Security Firm Blockaid Raises $50M to Tackle On-Chain Threats

The funding will help the company scale operations as blockchain adoption accelerates.

Padlock and chain (Georg Bommeli/ Unsplash)

Finance

Grayscale Rolls Out Crypto Fund for Pyth, Expanding Investor Access in Solana Ecosystem

The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana’s leading oracle network.

Grayscale advertisement on stairs (Grayscale)

Finance

Brevan Howard Digital Deploys $20M on Ethereum-Based Kinto in Institutional DeFi Push

The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

Ramon Recuero, Kinto CEO and co-founder (Kinto)

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Finance

Metaplanet Spends Another $26M Buying Bitcoin, Lifting Holdings Above 2K BTC

The Tokyo-based company said it spent an average of 14.8 million yen per bitcoin.

Skyscrapers in Tokyo

Markets

Wrapped AVAX Sees Increased Wallet Accumulation Amid Bybit Card Cashback Adoption

Nearly 4,000 wallets added WAVAX holdings, 1.8 times the recent average, according to onchain data.

Caution avalanche (Nicolas Cool/Unsplash)