The new tokenized assets offer the stability of the Bitcoin network with admirable yield. Crypto startup Hamilton has launched tokenized United States Treasury bonds on Bitcoin layer-2 blockchains. The company claims the launch is the first of its kind. Hamilton U.S. T-Bills (HUST) will be available on the Stacks, Core and BoB (Build on Bitcoin)…
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Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections. Crypto exchange Coinbase says it donated $25 million to crypto-focused super political action committee (PAC) Fairshake as it ramps up lobbying ahead of the November United States elections. In a June 3 blog…
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Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years. Over $3 billion worth of Ether has been removed from centralized crypto exchanges since the May 23 approval of spot Ether exchange-traded funds (ETFs) in the United States — signaling a potential upcoming supply squeeze. The amount…
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Crypto scammers are desperately trying to hit it off with Canadians on dating apps and websites this summer. However, many hopeless romantics are paying a hefty price in the process. The Canadian Anti-Fraud Centre (CAFC) noticed an increase in two particular types of crypto scams targeting Canadian citizens — pig butchering, or romance scams, and…
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It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion. Crypto venture capital funding has topped $1 billion for the second consecutive month this year. April’s $1.02 billion in funding came across 161 investment rounds in April, marking a minor fall from the $1.09 billion…
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This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more. Social media platform X is set to incorporate a wide range of financial services into its ecosystem. Christopher Stanley, X’s head of payments, compared the future functionality of the platform to the combination of…
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Republic First Bank’s 32 branches across the United States will reopen under Fulton Bank starting next week, according to the FDIC. United States regulators have closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024. It has sparked debate among the crypto community amid Bitcoin , Ether ETH, and several altcoins slightly…
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The recent Anti-Money Laundering legislation imposes certain limits for cash transactions and anonymous cryptocurrency payments. A majority of the European Parliament’s lead committees have approved a ban on cryptocurrency transactions of any value made through hosted crypto wallets. This comes amid the European Council and parliament provisionally agreeing to expand parts of the European Union’s Anti-Money Laundering…
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In 2008, at the height of the global financial crisis, an anonymous figure named Satoshi Nakamoto proposed Bitcoin, a groundbreaking electronic cash system. Welcome to the History of Crypto, a Cointelegraph series that brings readers back in time to the most significant events in the crypto space. Powered by Phemex, the timeline allows crypto community…
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Crypto market depth has almost fully recovered and is back to its pre-FTX average reports crypto research firm Kaiko. A major decrease in market liquidity that persisted after the shutdown of FTX and Alameda Research in November 2022 has now recovered to pre-collapse levels, according to crypto research firm Kaiko. In a March 18 research…
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