Cryptocurrency
Peer-to-peer trading startup Variational raises $50 million for real-world perps in funding round led by Dragonfly
The company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold.
Minnesotan banks and credit unions set to provide crypto custody Aug. 1
Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.
Hana Bank to acquire $670 million stake in Upbit operator Dunamu
The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities.
CME dives further into $85 trillion digital assets market with Nasdaq CME Crypto Index futures
A CME group executive said the demand grew with average daily trading volume in his firms’ suite increasing by 43% year-to date.
UK parliament to probe Nigel Farage’s $6.8 million donation from crypto billionaire
If found guilty of violating the Parliamentary code of conduct, the Reform UK party leader could be suspended from the House of Commons.
Purge of millions of crypto tokens underway, BTC needs it for sustainable bull cycle: Ben Cowen
Researcher and market analyst Ben Cowen says the purge of millions of altcoins is already underway and is necessary for a sustainable bitcoin bull market to be in place.
Standard Chartered expands further into crypto with stake in GSR at $1 billion valuation
SC Ventures, Standard Chartered’s venture capital division takes a stake in crypto trading firm GSR at a valuation of more than $1 billion, according to Bloomberg.
SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse
The Tokyo-based broker is betting big on crypto with plans in Singapore and a Visa partnership for bank cards that allows users to accumulate digital assets.
Canada proposes ban on crypto ATMs as fraud cases mount
Canada's Liberal government calls machines a “primary method” for scams as data and law enforcement link them to rising losses
Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats.
Market analyst Mati Greenspan said bitcoin has not gone through a “winter,” rather a pullback within a broader bull market, adding the next leg up for bitcoin will be driven by nation-state adoption.
