Grayscale will triple its Zcash ETF share count after a 2,800% year
Holders of ZCSH get two extra shares for every one they own at the close on Sept. 28. Nothing about the position's value changes.
2 min read · 1 source
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Finance
240 stories · 30 days
Banks, tokenization and payments.
REX and Tuttle list 2x leveraged ETF tracking Bitcoin treasury firm Strive
The ASSX fund on Cboe promises double Strive's daily return — but holds no Bitcoin itself and resets its leverage every day.
2 min read · 1 source
Grayscale Files to Split Zcash ETF Three-for-One After $233 Million Inflows
Record-date shareholders get two extra shares each under the plan, which lowers the entry price as ZEC's 2,800% rally pushes the fund's per-share cost beyond what many retail buyers will pay.
3 min read · 1 source
Robinhood Chain got 25 times cheaper. Almost nobody left.
Fee income on the two-month-old network fell 97% in three weeks while transaction counts slipped less than a third — a gap that points to relief, not abandonment.
3 min read · 1 source
A British challenger bank wants to put retail savings on a blockchain JPMorgan won't touch
Monument Bank plans to tokenize up to £250m of customer deposits on Midnight, betting that regulated, interest-bearing tokens can reach ordinary savers where Wall Street's institutional platforms have not.
4 min read · 1 source
Bastion wins conditional OCC approval for national trust bank charter
Bastion Platforms National Trust Company will offer stablecoin custody and wallets, payment infrastructure and white-label issuance from a single federally regulated entity.
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More from this desk
All, newest first →2 days ago
Hong Kong hands four-year sentence to ex-banker in $1.6 billion credit fraud tied to crypto bribes
Lam Chun-yin, once a customer relationship manager at China Construction Bank (Asia), admitted authenticating more than $1.6 billion in letters of credit under false pretenses and taking $470,000 in crypto payments.
3 days ago
Haruko cyberattack exposed 15 institutional clients, with some funds lost
The crypto infrastructure provider said a targeted attacker pulled a user-access token from its server memory, capturing read-only exchange API credentials and trading data.
3 days ago
HYPE climbs past $90 to record high as Hyperliquid turns on manual borrowing
Users can now post HYPE and Bitcoin as collateral against USDC and USDt, with $269 million already borrowed through the platform's lending infrastructure.
3 days ago
Stablecoin payments firm dtcpay closes $25M round with SBI backing
Dtcpay plans to expand its merchant network and payment products after completing a $25 million Series A backed by Japan’s SBI Group.
3 days ago
US Targets Bitcoin Exchange at the Center of Iran's Hormuz Shipping Tolls
OFAC's new designations reach the platform that funneled vessel payments to the Revolutionary Guards, plus its software builder, a parent firm and three executives.
3 days ago
SBI Group backs stablecoin payments firm dtcpay with strategic stake in $25 million Series A
The Japanese financial group joins through two venture vehicles as dtcpay, which holds a Singapore payments license, extends regulated stablecoin infrastructure across Asia and beyond.
3 days ago
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil…
3 days ago
Corporate Bitcoin Buying Collapses to 5,900 Coins in Three Months, Leaving Treasuries Underwater
Listed companies added a fraction of last year's purchases, and ETF inflows, the Coinbase premium and stablecoin supply all point to tepid demand.
3 days ago
World splits identity and finance with launch of self-custodial World Money app in 150+ countries
The stablecoin payments and rewards app, run by Tools for Humanity, marks the final step in separating World's financial products from its identity business.
4 days ago
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77-year-old Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her brother’s stake in Ondo.
4 days ago
SEC opens door to tokenized U.S. stock trading. Here’s who could benefit
The five-year experiment gives DeFi-style trading venues, tokenization firms and liquidity providers a new U.S. pathway while leaving synthetic stock tokens outside the framework.
4 days ago
WisdomTree, MoonPay team up to expand US access to tokenized money market fund
MoonPay plans to use WisdomTree’s $1.2 billion WTGXX tokenized fund as part of its stablecoin reserves while helping expand access to US investors.
4 days ago
Financial Data Giant S&P Global Moves Deeper Into Crypto With OpenZeppelin Deal
S&P Global is expanding into the technology risks underpinning stablecoins, tokenized funds, and other onchain financial products.
4 days ago
What Is Arc? The Stablecoin Blockchain From USDC Issuer Circle
Arc is a new layer-1 blockchain developed by USDC issuer Circle, designed specifically for stablecoin-native finance.
4 days ago
S&P Global acquires OpenZeppelin to bridge credit ratings with onchain code security
The financial ratings giant is expanding beyond entity credit scores to evaluate the underlying code that issues, transfers, and manages tokenized assets.
4 days ago
Former Hut 8 CEO Jaime Leverton to lead Zcash miner Fortitude ahead of Nasdaq debut
Leverton will lead the DCG-owned mining company as it pursues a public listing through its proposed merger with HeartSciences.
4 days ago
How Circle’s institutional Arc blockchain got taken over by memecoins on day one
Circle blockchain Arc's first day was dominated by memecoins, and the traders behind them had already moved on by Thursday morning.
5 days ago
USDT Payments Feature in Polish Energy Giant’s Failed $230M Oil Deal
Tether’s USDT stablecoin was among the main digital assets used in a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023.
5 days ago
Bitcoin Core Software Update Aims for Speed and Security Patches
Bitcoin Core 32.0 has entered final testing, bringing faster block checks and changes to how wallets prepare payments.
5 days ago
Bankrupt Celsius sues BitMEX over Covid crash liquidations, seeking $495M
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's delta-neutral marketing.
5 days ago
Anchorage Adds Etherlink, Tokenized Uranium Custody
Anchorage Digital Bank has added custody support for Etherlink and seven assets on the Tezos layer-2 network, including tokenized physical uranium.
5 days ago
Blockchain finance platform Theo launches tokenized silver backed by $40 million in active leases
The onchain finance platform said thSLVR allows investors to retain exposure to silver while earning income from lending the metal to institutional borrowers.
5 days ago
Deutsche Bank nears crypto custody service debut for institutional clients
The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC.
5 days ago
Live updates: Bitcoin steady as stocks slide following Fed rate hike, Warsh press conference
Privacy token zcash, meanwhile, is up 130% over 30 days and trades near its all-time highs from 2016.
5 days ago
Deutsche Bank Awaits Regulatory Nod for Institutional Crypto Custody
Deutsche Bank is awaiting final regulatory approval to launch its institutional custody solutions for Bitcoin, Ether and select stablecoins.
5 days ago
Two Robinhood (HOOD) engineers face criminal charges for pre-listing Hyperliquid trades
U.S. authorities allege the pair accessed restricted listing channels to execute dozens of illegal pre-announcement trades for personal profit.
5 days ago
ECB Seeks Merchants for 2027 Digital Euro Pilot
The ECB is inviting euro-area e-commerce and mobile merchants to test beta digital euro payments during a 12-month pilot starting in 2027.
6 days ago
BIS Study Finds Major Discrepancies in Bitcoin Onchain Metrics
BIS researchers found major discrepancies in crypto data, from Bitcoin transfer values and market capitalization to stablecoin volumes across different blockchains.
6 days ago
Solana news: DeFi protocol Kamino taps Yieldstreet co-founder as CEO for Wall Street push
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.
6 days ago
Stablecoins Could Strengthen US Dollar, BoE Official Says
Dollar stablecoins could deepen demand for Treasurys and extend the greenback’s reach as the UK builds its own framework for digital currencies.
6 days ago
Binance Launches Wealth Service With 11 US ETFs
Binance added 11 US-listed ETFs focused on US Treasurys and investment-grade bonds as the crypto exchange expands its traditional finance offerings.
6 days ago
Standard Chartered predicts Arbitrum's ARB to rise 70-fold to $10, citing Robinhood Chain revenue
The bank expects tokenization to make Arbitrum a favored network for traditional finance, even though ARB holders currently have no direct claim on the fees.
6 days ago
LatAm telco VIVA taps Avalanche-based Iris for stablecoin settlement and dollar reserves
Led by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services without replacing its existing telecom systems.
6 days ago
Two Prime makes onchain finance push with $10 million-backed bitcoin yield vault
Two Prime expands into onchain finance with a bitcoin lending vault built on Pareto for institutional investors.
6 days ago
Circle (CRCL) debuts Arc blockchain in biggest bet yet beyond $74B USDC stablecoin
The USDC issuer's chain is built for payments, tokenized assets and institutional finance as banks and payment giants pile into the stablecoin market.
6 days ago
A $7.8 million crypto heist was just hijacked by a bot named Yoink
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself.
6 days ago
Nigel Farage-backed Stack BTC eyes $16 million direct bullion deal
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings.
6 days ago
US Crypto Tax Bill Leaves Out Mining, Staking Deferral
A US House crypto tax package omits a proposed mining and staking reward deferral while adding rules for fees, stablecoins, lending and wash sales.
6 days ago
Hong Kong crypto exchange CoinEx to cease operations after 9 years in business
CoinEx users are instructed to withdraw their funds by Dec. 22, when the exchange will formally close.
1 week ago
Robinhood (HOOD) plans voting rights and share redemption for stock tokens after criticism
CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights.
1 week ago
Kraken Lets xStocks Holders Earn Yield Through DeFi
Kraken launches xStocks vaults that let investors earn yield on tokenized Nvidia shares and US stock market ETFs by lending the assets through DeFi markets.
1 week ago
Trump-linked WLFI stake gets unlock timeline as Clarity Act targets officials’ crypto holdings
Onchain records show an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028 after a mandatory 10% token burn.
1 week ago
Kaiko Series B Hits $110M in S&P Global-Led Round
S&P Global led a strategic investment in crypto data provider Kaiko, extending its Series B to $110 million as Wall Street expands into tokenized markets.
1 week ago
Consensus heads to Hong Kong for third year with expanded focus on AI
Consensus Hong Kong will focus on institutional adoption of digital assets and the growing role of artificial intelligence in the future of money.
1 week ago
Kaiko raises $110 million led by S&P Global to expand 24/7 market data infrastructure
The capital extension builds on an earlier Series B raise, targeting real-time data infrastructure for around-the-clock tokenized markets.
1 week ago
Ethereum news: Bitmine (BMNR) bought $68M ETH as Tom Lee sees more upside ahead
The Ethereum treasury firm is closing in on its 5% accumulation goal as Lee points to a rising ETH-BTC ratio and institutional demand.
1 week ago
UK’s FCA weighs bespoke framework and fund exemptions for tokenized gold
Regulators aim to modernize physical bullion trading and protect London's dominant share of global gold volumes against rising competition from China.
1 week ago
Robinhood CEO Defends Tokenized Stocks After AMC Criticism
Robinhood CEO Vlad Tenev said companies should not have veto power over tokenized stock products that do not change issuer rights or obligations.
1 week ago
Why Circle (CRCL) is spending $400M to take USDC deeper into emerging markets
Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.
1 week ago
Bitcoin Suisse plans to cut up to half its Swiss jobs as it shifts work abroad
The company is closing its Copenhagen IT site while maintaining Bratislava and opening a new hub in Vietnam to reduce costs.
1 week ago
Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours
The combined haul equals the largest individual political donations in U.K. history, sharply scaling up crypto industry backing.
1 week ago
Ripple eyes $13 trillion corporate treasury opportunity to grow RLUSD stablecoin, executive says
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack McDonald said.
1 week ago
Ditching bonds for bitcoin: How BTC can tackle the AI-heavy portfolio dilemma
Bitcoin Suisse says rising AI investment, government debt and weakening stock-bond diversification strengthen the case for adding bitcoin to traditional portfolios.
1 week ago
Anchorage Digital Brings Frgmnt’s fUSD to Institutions
Anchorage Digital adds institutional access to Frgmnt’s fUSD and sfUSD, allowing clients to mint, redeem and stake the stablecoins through its custody platform.