Crypto investment firm Blockstream Capital Partners (BCP) plans to acquire Corbiere Capital Management, a Jersey-based equity hedge fund founded by Rodrigo Rodriguez in 2023, the company announced in a press release on Thursday. Financial details of the acquisition were not disclosed. BCP said the Corbiere deal would add equity and events strategies to its existing […]
Global bank JP Morgan has held a historic commercial paper offering on the Solana blockchain, in a move that pushes real-world financial instruments deeper into public blockchain infrastructure. Commercial paper, typically issued through legacy systems, is a short-term debt tool that companies use to raise working capital. This was structured on-chain and settled using USDC,
JPMorgan Dives Deeper into Tokenized RWA with Commercial Paper Issuance on Solana Read More »
NEW YORK — Terraform Labs co-founder Do Kwon will wait a little longer than expected to find out how much time he will serve in prison for orchestrating a massive crypto fraud that wiped approximately $50 billion from the crypto ecosystem as of May 2022. During the lengthy hearing, District Judge Paul Engelmeyer of the
Do Kwon’s sentencing hearing drags on as court weighs mountain of victim testimony Read More »
US-listed cryptocurrency exchange Coinbase (COIN) has launched the latest version of its stablecoin-based payment protocol for AI agents, making it easier to expand and branch the autonomous payment system, the exchange announced in a blog post on Thursday. The fast track x402 V2 takes the AI agentic payments tool from “So what does it actually
Coinbase Expands Reach of Its Stablecoin-Based AI Agent Payments Tool Read More »
The crypto sector has been freed from its annual benchmark in the litany of financial risks posed to the US system by the Financial Stability Oversight Council, although it is not unique in this, as the report effectively removed much of the focus on “vulnerabilities” in the financial system. The FSOC, created after the 2008
US financial risk watchdog FSOC considers erased digital assets a potential danger Read More »
The U.S. Commodity Futures Trading Commission issued no-action letters to operators of prediction markets platforms Polymarket, PredictIt, Gemini and LedgerX/MIAX on Thursday, announcing that the companies were not required to meet certain recordkeeping requirements as long as they met other specified requirements, and that they may be able to enter into contracts through a third-party
CFTC allows Polymarket, PredictIt and LedgerX to waive certain requirements Read More »
NEW YORK — Terraform Labs co-founder Do Kwon was sentenced Wednesday to 15 years in prison for his role in a massive fraud that resulted in approximately $50 billion disappearing from the crypto ecosystem in just three days in May 2022. The sentence, handed down by Judge Paul Engelmeyer of the Southern District of New
Terra Do Kwon creator sentenced to 15 years in prison Read More »
Bitcoin BTC$93,499.80 recovered to $93,000 on Thursday as traders digested the Fed’s decision, but altcoins mostly did not participate in the rebound. Falling to $89,000 after the Federal Reserve cut rates on Wednesday and a sharply lower opening in U.S. stocks, bitcoin was recently trading at $93,000, up slightly over the past 24 hours. Altcoins
Bitcoin (BTC) Price News: Early Losses Reversed Thursday Read More »
Chainlink’s LINK token fell nearly 5% in the past 24 hours to $13.74 on Thursday, reversing early gains despite a major announcement from Coinbase. Earlier today, Coinbase revealed that it had selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to power a new bridge connecting its $7 billion in wrapped assets, including cbETH, cbBTC, and cbDOGE. The
Slips 5% despite Coinbase deal, but bottom signs appear Read More »
Caroline Pham, acting chair of the U.S. Commodity Futures Trading Commission, once again advanced President Donald Trump’s crypto agenda by eliminating old guidelines on “actual delivery” of crypto products that she said could hamper next steps. “Eliminating outdated and overly complex guidelines that penalize the crypto industry and stifle innovation is exactly what the administration
US CFTC’s Pham Set to Remake ‘Real Delivery’ Crypto Advice Read More »
