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AI Boost

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Finance

Fireblocks Acquires Dynamic to Expand On-Chain Developer Stack

The deal unites Fireblocks’ institutional custody infrastructure with Dynamic’s consumer wallet and onboarding tech to create an end-to-end onchain platform, it said.

Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat. (Fireblocks)

Finance

DeFi Specialist Aave Labs Acquires Stable Finance, Expands Consumer Access to Onchain Savings

Acquisition brings Stable’s consumer app expertise to Aave Labs as it builds mainstream DeFi products.

Photo of Stani Kulechov in 2019 (CoinDesk archive)

Markets

Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4

With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.

Racks of mining machines.

Finance

Plasma Obtains VASP License, Opens Amsterdam Office to Expand Stablecoin Payments in EU

The firm behind the fast-growing stablecoin blockchain also plans to obtain MiCA and EMI licenses as part of its expansion in Europe.

Plasma (Ramon Salinero/Unsplash/Modified by CoinDesk)

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Tech

Ledger Unveils $179 Nano Gen5, Built for Identity in an AI-Driven World

Alongside, there's the Ledger Wallet, a reimagined version of the company's Ledger Live app, and Ledger Enterprise Multisig, a new platform for institutional asset management.

A collection of Ledger's products

Markets

Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps

The institutional liquidity provider’s new platform says it will let users exchange stablecoins like USDT and USDC across multiple blockchains without fees.

DeFi networks are global. (NASA/Unsplash, modified by CoinDesk)

Policy

Revolut Secures MiCA License in Cyprus, Expanding Regulated Crypto Services Across EU

Fintech giant gains CySEC approval to offer compliant crypto trading across 30 EEA markets under MiCA

Revolut app

Finance

Quantum Solutions Adds 2K ETH to Become 11th-Largest Ether Treasury Company

Quantum Solutions boosts ETH position as company cements standing among top digital asset treasuries, become No. 2 DAT outside U.S.

Ethereum (CoinDesk)

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Policy

Canada’s Anti-Money Laundering Watchdog Levies Record $126M Fine on Cryptomus

Fintrac said the firm was fined for unreported activity including transactions tied to child sexual abuse material, fraud, ransomware payments and sanctions evasion.

canaa fintrac

Markets

Is Bitcoin Headed for a Crash Below $100K? ‘Grand Daddy’ Volume Indicator Hits Lowest Since April

A key volume indicator points to underlying market weakness, signaling a potential bitcoin sell-off below $100,000

Waterslide on a field (extremis/Pixabay)