Business

Canary’s XRP ETF Debuts in 2025 with $58 Million in Day One Volume

Canary Capital’s XRPC, the first U.S. spot exchange-traded fund (ETF) tied to the payments-focused Total volume narrowly edged out Bitwise’s Solana ETF (BSOL), which recorded $57 million on its first day, putting the two funds in a league of their own as clear favorites for 2025. Notably, the third-place ETF pioneer lagged by more than […]

Canary’s XRP ETF Debuts in 2025 with $58 Million in Day One Volume Read More »

Zero Identity Startup Raises $9M Itself, Introduces Points Program

Self, a zero-knowledge identity and proof-of-humanity protocol used by Google (GOOG) and Aave, said it has raised $9 million in seed funding and introduced a points-based rewards program to promote on-chain identity verification. Investors include Greenfield Capital, Startup Capital Ventures x SBI Fund (SoftBank), Spearhead VC, Verda Ventures, Fireweed Ventures and angel investors such as

Zero Identity Startup Raises $9M Itself, Introduces Points Program Read More »

Why are Bitcoin (BTC), XRP (XRP), Ether (ETH) not rallying while gold and silver are shining?

Major cryptocurrencies face continued pressure this month, even as gold and silver rebound. These divergent trends reflect risks unique to digital assets, as growing concerns over government stability propel precious metals higher, underscoring increasing investor confidence in traditional safe havens. This month, Bitcoin BTC$99,228.83the largest cryptocurrency by market value, fell more than 9%, falling below

Why are Bitcoin (BTC), XRP (XRP), Ether (ETH) not rallying while gold and silver are shining? Read More »

BNY Launches Stablecoin Reserve Fund for Issuers, Eyeing $1.5 Billion Market

BNY, one of the oldest banks in the United States, is launching a new money market fund aimed at helping stablecoin issuers meet federal reserve requirements under U.S. regulations, the company announced Thursday. The BNY Dreyfus Stablecoin Reserves Fund (BSRXX) is designed to hold cash reserves for stablecoins issued under the GENIUS Act, a federal

BNY Launches Stablecoin Reserve Fund for Issuers, Eyeing $1.5 Billion Market Read More »

Main Base DEX Airfield Merges with Aero in Major Overhaul

Dromos Labs, the lead developer behind decentralized exchanges (DEXs) Aerodrome on Base and Velodrome on Optimism, announced a major overhaul of its decentralized exchange infrastructure on Wednesday with the launch of Aero, a unified trading system that will replace and merge its existing platforms on both networks, as well as expand to other Ethereum chains.

Main Base DEX Airfield Merges with Aero in Major Overhaul Read More »

Nearly 25% of adults with internet access in Asia could own crypto, report says

Nearly a quarter of adults with internet access could own cryptocurrency in the Asia-Pacific region, a report jointly produced by Protocol Theory and CoinDesk said Friday. The report, based on a survey of 4,020 people across 10 different countries and extrapolated to the broader APAC region, further suggests that crypto adoption is driven by lack

Nearly 25% of adults with internet access in Asia could own crypto, report says Read More »

Crypto for Advisors: Digital Asset Treasury

In today’s “Crypto for Advisors” newsletter, Aaron Brogan of Brogan Law describes the history and business model of digital asset treasuries. Next, in “Ask an Expert,” DJ Windle of Windle Wealth answers questions advisors need to know about crypto treasury companies. –Sarah Morton Digital Asset Treasuries: Separating Hype from Value for Advisors Digital asset treasury

Crypto for Advisors: Digital Asset Treasury Read More »

dYdX Governance Approves Increase in Buyback to 75% of Protocol Revenue

The dYdX community voted in favor of an updated buyback program on its governance forum on Thursday. Under previous governance, 25% of the protocol’s net revenue was allocated to buying back DYDX on the open market and then staking the tokens. New Proposition #313, approved by 59.38% of the community, charts a path forward to

dYdX Governance Approves Increase in Buyback to 75% of Protocol Revenue Read More »

Upexi (UPXI) Approves $50 Million Stock Buyback After Shares Drop 50%

Upexi (UPXI), a Nasdaq-listed digital asset treasury company focused on Solana GROUND$143.26said Thursday that its board of directors had approved repurchasing up to $50 million of its own shares. The repurchase program gives the company the flexibility to purchase shares in the open market, depending on conditions and liquidity, the company said in the press

Upexi (UPXI) Approves $50 Million Stock Buyback After Shares Drop 50% Read More »

Scroll to Top