Live updates: Bitcoin sinks to $77,000 as CPI lands with hike odds near 70%
Every major is red ahead of the August inflation print. Bitcoin is down 5% on the week and zcash fell 10% on the day.
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Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
Crypto market maker Wintermute has secured broker-dealer status in the U.S., giving the firm a regulated route into Wall Street as crypto trading and traditional securities markets draw closer together. New York-based Wintermute USA LLC registered with the Securities and Exchange Commission (SEC) and the… Read More
VanEck’s tokenized fund lands on Euler as DeFi courts Wall Street institutions
Decentralized finance (DeFi) protocols built for crypto assets are increasingly retooling themselves for Wall Street, and VanEck’s tokenized Treasury fund arriving on lending platform Euler is the latest example of that shift. Securitize (CEPT), issuer and tokenization specialist behind VanEck’s VBILL Treasury fund, said Thursday… Read More
Eightco Lands $125M in Funding from Bitmine and ARK
The fresh capital from Kraken’s parent company, Ark Invest, and Bitmine has backed Eightco’s new bets on OpenAI and MrBeast Shares in Eightco Holdings (ORBS) jumped 12% on Thursday after it raised $125 million to back its bets in blockchain and artificial intelligence. Eightco said… Read More
Jupiter brings Polymarket to Solana and lands $35 million investment deal
Solana-based decentralized excange Jupiter said it will bring Polymarket to the network for the first time, rolling out an integration that it pitched as a push to make Jupiter a fuller on-chain predictions hub. “For the first time, Polymarket is coming to Solana. On Jupiter,”… Read More
CFTC’s acting chief Pham poised to go to crypto firm MoonPay once Mike Selig lands
With an any-minute-now confirmation of Mike Selig to take over the U.S. Commodity Futures Trading Commission, its stand-in chief, Caroline Pham, is closer to her longstanding plan to jump to crypto firm MoonPay. As CoinDesk reported last month, Pham was said to be planning to… Read More