Crypto exchange OKX, which was just valued at $25 billion after a strategic investment from New York Stock Exchange (NYSE) parent Intercontinental Exchange (ICE), is launching a social network built directly into its trading app, the latest example of social media and digital asset platforms… Read More
PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S. initial public offering, Reuters reported Monday. The Tokyo-based company and a selling shareholder plan to offer 55 million American… Read More
U.S. bitcoin BTC$67,290.12 exchange-traded funds (ETFs) are on track to snap a streak of five consecutive weeks of net outflows with their strongest performance since mid-January. The funds recorded net inflows of $1.1 billion in three straight days, according to data from SoSoValue, leaving them… Read More
Bitcoin BTC$69,448.61 has clawed its way back above $70,000, recovering from a sharp drop near $60,000 earlier in the month. The cryptocurrency is up nearly 5% in the last 24-hour period, while the broader CoinDesk 20 (CD20) index rose 6.2% in the same period. The… Read More
Top cryptocurrency exchange Binance announced said Friday that it shall switch the stablecoin in its $1 billion emergency user protection fund to bitcoin over the next 30 days. The move targets the Secure asset Fund for Users (SAFU), which is a security fund created to… Read More
Silver is now a front-page asset on Hyperliquid, highlighting a subtle shift in how crypto derivatives venues are being used as bitcoin struggles to find direction. The SILVER-USDC contract has become one of Hyperliquid’s most active markets, trading around $110 during Asia hours and posting… Read More
