Latest from Aoyon Ashraf
Asia Morning Briefing: Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong
Most currencies in the region are locked in by capital controls. Hong Kong's unique status as an autonomous part of China means its currency is available around the world.
Tether Looking to Raise Up to $20B, Bringing its Valuation to $500B: Bloomberg
The talks of the deals are in early stages and prospective investors have been given access to a data room over the past few weeks, Bloomberg reported.
Crypto VC Firm Archetype Launches $100M Fund to Back Early Blockchain Startups
Archetype has a track record of successful investments, including Privy, which was acquired by Stripe, and US Bitcoin Corp, which completed a merger with Hut 8.
Crypto Market Today: OG, ASTR Surge as Bitcoin Defends $112K
The crypto market regained poise in the past 24 hours, with market leader bitcoin defending support at $112,000.
CleanSpark Shares Rise After Getting $100M Bitcoin-Backed Credit From Coinbase Prime
The credit facility allows CleanSpark to leverage its bitcoin holdings to fund expansion without selling the asset.
Tom Lee’s BitMine Sells Stock at $70 to Raise Additional $365M for ETH Treasury
BitMine disclosed holdings of 2.4 million ETH and raised $365 million in a premium stock sale, highlighting investor demand for ether exposure through public markets.
BitMEX Co-founder Arthur Hayes Dumps HYPE for a Ferrari, Then Tells Followers Not to Worry
The Maelstrom CIO claims he offloaded his HYPE bag to fund the purchase of anew Ferrari, even as his firm warns of billions in new token supply hitting the market.
Coinbase CEO: 'We Want to Become a Super App and Provide All Types of Financial Services'
Brian Armstrong told Fox Business that Coinbase aims to be users’ primary financial account while addressing U.S. crypto rules and pressure from banks.
CZ's Family Office Deepens Stake in Ethena Labs as USDe Stablecoin Supply Tops $13B
Backing will fund expansion on BNB Chain, fiat-backed stablecoin USDtb, and settlement layer Converge.
'Am I Too Late to Invest' in Crypto? Here's What TradFi Is Asking Wall Street Analysts
Jefferies says most institutional investors remain on the sidelines despite growing token infrastructure, but that's changing, and it's a good thing for the industry.
