Binance eyes alternative EU licensing route if Greek bid fails: Report
Binance is reportedly considering applying for a license in another EU country if its Greek bid fails, as the MiCA deadline nears and unlicensed crypto firms face winding down in the bloc.
CZ, Binance founder, wants to clear up 'misunderstandings' about who he is
Binance founder Changpeng Zhao (CZ) aims to address misconceptions about his identity and role, seeking to present himself on his own terms following his departure as CEO.
CBOE debuts prediction market with S&P 500 contracts
Cboe has launched its first prediction market product, offering binary options contracts tied to the S&P 500 index, in response to growing investor demand.
CryptoQuant warns on Strategy's dividend coverage as cash reserve falls 38%
CryptoQuant warns that Strategy's cash reserves have fallen 38%, now covering only 14 months of dividends versus seven years previously, and recommends pausing Bitcoin purchases to rebuild reserves.
YZi Labs ends proxy war with BNB treasury company CEA Industries
YZi Labs has resolved its proxy dispute with BNB treasury firm CEA Industries, appointing partner Alex Odagiu as interim president. Ella Zhang and Matthew Roszak have been named directors of CEA, ending the conflict.
CryptoQuant says Michael Saylor's Strategy should halt its bitcoin buying
CryptoQuant warns that Michael Saylor's Strategy should stop buying bitcoin, as its cash cushion has dropped from seven years to 14 months of coverage, and buying at cycle tops has resulted in a $10.6 billion paper loss.
Bull Bitcoin Secures MiCA License in France, Preserving Full Self-Custody and Privacy Features
Bull Bitcoin has obtained a MiCA license in France, allowing it to operate as a regulated crypto service provider while maintaining full self-custody and privacy features. The license was achieved through self-financing over three years, with successful PASSI and DORA cybersecurity audits.
Zcash miner Fortitude gets Nasdaq listing via HeartSciences merger
Fortitude, a Zcash miner, will go public on Nasdaq through a merger with HeartSciences. The all-stock deal gives Fortitude a listing while HeartSciences retains its healthcare business and existing shareholders keep a minority stake.
Ethereum Foundation sacks 20% of workforce amid strategic restructuring
The Ethereum Foundation has laid off 54 employees, representing 20% of its workforce, as part of a strategic restructuring. Co-founder Vitalik Buterin indicated the foundation aims to cut its budget by approximately 40%.
CBOE weighs converting BTC, ETH continuous futures into perpetual futures: Report
Cboe is considering converting its Bitcoin and Ether continuous futures into perpetual futures, according to a report. The move comes amid US regulatory shifts and increased competition from Coinbase and Kalshi in the perpetual futures market.
Ethereum Foundation Cuts 20% of Workforce in 'Leaner' Reorganization
The Ethereum Foundation is laying off 20% of its staff (54 employees) as part of a reorganization into focused clusters, following several leadership departures. The move aims to create a leaner structure for the non-profit organization.
Bitcoin Suisse Secures MiCAR License, Launches European Expansion from Liechtenstein
Bitcoin Suisse has obtained a MiCAR license in Liechtenstein, allowing it to offer regulated crypto financial services across the European Union under a single framework. This marks the start of its European expansion.
Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division
Franklin Templeton has completed the acquisition of 250 Digital and announced the establishment of a new division focused on cryptocurrency investments. The financial terms of the deal were not disclosed.
ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users
ICE and OKX have announced a joint venture aimed at integrating traditional finance with the cryptocurrency market. This partnership will allow OKX's 120 million users to access ICE's futures markets and NYSE tokenized equities, potentially enhancing liquidity and trading options for crypto investors.
Franklin Templeton Closes 250 Digital Deal, Launches Institutional Crypto Division
Franklin Templeton has finalized its acquisition of 250 Digital and is establishing a new division focused on institutional cryptocurrency services. This move indicates the firm's commitment to expanding its presence in the digital asset space.
ICE and OKX Are Teaming Up to Bring Tokenized Securities to Wall Street
Intercontinental Exchange (ICE) and OKX have announced a partnership aimed at developing tokenized securities and enhancing digital asset infrastructure. This joint venture will be co-chaired by a former New York governor, indicating a significant push towards integrating digital assets into traditional finance.
Andrew Cuomo to lead joint TradFi-crypto venture between OKX and Intercontinental Exchange
Andrew Cuomo has been appointed to co-chair a new venture that combines traditional finance and cryptocurrency, involving OKX and the Intercontinental Exchange (ICE). This initiative is pending regulatory approvals and marks Cuomo's continued collaboration with OKX, which began earlier this year.
Franklin Templeton launches dedicated crypto division after closing 250 Digital acquisition
Franklin Templeton has established a dedicated crypto division following its acquisition of 250 Digital. This move comes as the firm experiences significant growth in tokenized assets, with its onchain product suite increasing from approximately $768 million to over $2.5 billion in the past year.
Anchorage aims to bring banks onchain with new tokenized deposit platform
Anchorage is developing a tokenized deposit platform designed to enable banks to facilitate 24/7 payments and settlements while maintaining their existing core systems. This initiative aims to integrate traditional banking with blockchain technology.
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