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Crypto Wallet Firm Exodus Buys Baanx and Monavate for $175M
The U.S.-listed wallet provider is acquiring W3C Corp, the parent company of crypto card and payments firms Baanx and Monavate.
On-Chain Stocks Could Misprice Over Weekends, Triggering Arbitrage Risks: RedStone
This gap could create a "price dislocation" between on-chain and traditional markets, leading to potential losses or arbitrage opportunities.
'Liquidity Crisis': $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused
This inefficiency disproportionately affects retail liquidity providers, with 50% losing money due to impermanent loss, and net deficits exceeding $60 million, a new report finds.
Turning ‘$11K to Half a Billion Dollars From Trading Memecoins’: Tales From a Crypto Wealth Manager
The chief of crypto-focused multi-family office Digital Ascension Group talks about his VIP services for wealthy holders of digital assets.
Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest in Latin America
The company's holdings, which include bitcoin and ether, have been managed through trading and hedging strategies since 2017.
DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure
The protocol will instead focus on "liquidity infrastructure and deals" such as its recent $1 billion investment into PayPal's PYUSD.
'Permissionless Assets’: Robinhood’s 3-Phase Tokenization Plan to Disrupt TradFi
Robinhood is working on infrastructure developments, said Offchain Labs' A.J. Warner, including 24/7 trading, and leveraging technologies like Arbitrum Stylus for compatibility.
Obex Raises $37M to Build 'Y Combinator' for RWA-Backed Stablecoins, Led by Framework, Sky
The incubator aims to fund stablecoin projects backed by compute, energy and fintech credit using Sky's up to $2.5 billion commitment, Framework Ventures' Vance Spencer said in an interview.
1inch Unveils Protocol Letting Multiple DeFi Strategies Share the Same Capital
Aqua introduces a "shared liquidity layer" that enables capital from a single wallet to back multiple trading strategies simultaneously.
Zero-Knowledge Identity Startup Self Raises $9M, Introduces Points Program
Self raised $9 million to expand its zero-knowledge identity platform and introduced a rewards program aimed at driving on-chain verification adoption.
