BlackRock has swiftly turned its entry into digital assets into one of its most profitable ventures, earning over $260 million annually from crypto exchange-traded funds (ETFs). The majority of this revenue comes from its...

Crypto custodian BitGo has officially filed its first public S-1 registration with the U.S. Securities and Exchange Commission (SEC), revealing plans to list its Class A common stock on the New York Stock Exchange under...

Tethers ambitious Bitcoin mining expansion in Uruguay has hit a critical roadblock after the state electricity provider UTE suspended supply in late July. The halt came over unpaid bills totaling nearly $5 million,...

South Koreas leading cryptocurrency exchange, Upbit, has officially listed four new altcoins todayEther.fi (ETHFI), Resolv (RESOLV), Initia (INIT), and Spark (SPK). Trading support for the tokens launched at 15:00 KST,...

Coinbase has introduced a new feature that allows users to earn higher yields on USD Coin (USDC) by lending through decentralized finance (DeFi). The program, which leverages the Morpho protocol and runs on Coinbases Layer...

Marco Santori, former Kraken CLO, announced the launch of Solmate, a new Solana infrastructure company in the UAE, where he will serve as CEO. Santori said Solmate is aligned with the Solana Foundation, backed by UAE...

PayPals U.S. dollar stablecoin, PayPal USD (PYUSD), is expanding its reach beyond its original networks through a new integration with interoperability protocol LayerZero. Originally issued by Paxos and supported on...

BDACS has officially launched KRW1, a South Korean won-backed stablecoin, following the successful completion of a proof of concept that validated its technical readiness. Each KRW1 token is fully collateralized with won...

DBS Group has joined forces with U.S. asset manager Franklin Templeton and blockchain firm Ripple to expand tokenised finance for accredited and institutional investors. The collaboration introduces trading and lending...

MoneyGram, the global leader in money transfers, has rolled out a revamped mobile app built on blockchain technology and U.S. dollar-pegged stablecoins. The company announced that customers in Colombia, where it operates...