Ethereum's institutional data hub showed about $120 billion in staked ETH and $40.4 billion in daily average total value locked on layer-2 (L2) networks in a Sept. 21 snapshot.
They measure different things: ETH committed to network security and assets...
TL;DR
Strategy bought 950 BTC during the week ending September 20 for $75.7 million.
The purchases were made at an average price of $79,670 per Bitcoin.
Strategy now reports 846,000 BTC acquired for an aggregate $63.80 billion.
Strategy has added another 950 Bitcoin...
Coinbase CEO Brian Armstrong believes the US Senate’s failure to advance the CLARITY Act could benefit his exchange by keeping major Wall Street firms from entering the crypto market under clearer rules.
The crypto executive still argued that the legislation...
Bitcoin Magazine
Bitcoin Bull Market Engaged? 50-Week Moving Average Flips Bullish
Bitcoin just closed a weekly candle above its 50-week simple moving average for the first time this cycle, and Sean Hagan puts roughly 80% confidence on this being a genuine...
TL;DR
Binance is moving into round-the-clock FX perpetual futures.
The first announced contract is USD/BRL against USDT.
Trading is scheduled to begin September 21 with leverage of up to 100x.
Binance is taking the crypto perpetual model into another traditionally closed market: foreign...
TL;DR
Coinbase Financial Markets has submitted a CFTC product filing for single-stock perpetual futures.
Initial contracts cover Apple, Tesla and Nvidia.
Trading is not live yet; the products remain in the regulatory process.
Coinbase is taking another run at bringing a product long...
Two Robinhood engineers have been charged in the US over an alleged crypto trading scheme involving confidential company information.
The US Department of Justice said Hefu Chai and Huaisong Xiang allegedly used non-public information from Robinhood to trade crypto perpetual...
TL;DR
Bastion has received conditional OCC approval to form a national trust bank.
The charter is non-depository and geared toward custody and digital asset services.
The company still has pre-opening conditions to satisfy before it can fully operate.
Bastion is moving closer to...
Cardano's delegated governance voters let a 12.29 million ADA request for Pogun expire without ratification, showing that Input Output's history as a founding builder does not guarantee access to the network's treasury.
Pogun is an Input Output-backed credit and liquidity...
The latest SEC filing from the XRP-focused treasury company reveals that the funds will come through convertible senior notes tied directly to the closing of the business combination with Armada Acquisition Corp. II.
It also reads that Evernorth has entered...
