BJ TON Foundation, the entity behind the Telegram-linked TON blockchain, has appointed Maximilian Crown, co-founder of MoonPay, as its CEO. Crown was the CFO and COO at the crypto infrastructure provider and has relationships with banks, payments companies, and regulatory bodies. He will remain on the board at MoonPay. The move comes one month after the … Read more
In today’s crypto for advisors, Dovile Silenskyte from WisdomTree talks about the growth of crypto products and how they’ve evolved into a strategic investment allocation. Then, Kim Klemballa from CoinDesk Indices answers questions about digital asset benchmarks and trends in Ask an Expert. – Sarah Morton Unknown block type “divider”, specify a component for it … Read more
Both the U.S. Senate and House are considering bills creating a regulatory framework for stablecoins, and all of the usual crypto-skeptic refrains have been sung, including the hymn that crypto is for crime. For instance, Senator Elizabeth Warren (D-MA) warned that the Senate’s GENIUS Act “will supercharge the financing of terrorism.” During debate on the … Read more
Shaquille O’Neal has reached a settlement agreement with a group of FTX investors who accused him of enabling the failed crypto exchange’s fraud by acting as a celebrity promoter, according to a court filing. Details of the settlement agreement, including the amount O’Neal will pay, have not yet been disclosed. Plaintiffs in the case are … Read more
Crypto exchange Coinbase (COIN) said it will introduce free conversions between PayPal’s dollar-pegged stablecoin, PYUSD, and the U.S. currency in a move aimed at accelerating the shift toward on-chain payments. The move, open to both retail and institutional customers, is part of a partnership aimed at promoting PYUSD as a payment currency. Coinbase also plans … Read more
Shares of Cantor Equity Partners (CEP) surged 55% on Tuesday and are up an additional 15% in pre-market trading, trading below $19. The skyward movement was driven by investor optimism around its proposed merger with Twenty One Capital a bitcoin (BTC) native investment vehicle backed by Tether, Bitfinex, and SoftBank. Led by Strike CEO Jack … Read more
Digital bank Revolut’s profits surpassed 1 billion pounds ($1.33 billion) in 2024, thanks in part to a big jump in revenue from cryptocurrency trading. The London-based fintech group’s wealth revenue increased 298% from 127.1 million pounds to just over 500 million pounds in the full year 2024. Revolut’s wealth business includes cryptocurrency, commodities, trading, and … Read more
Restaking protocol Ether.fi said it plans to add banking services that will see it become a decentralized finance (DeFi) neobank. The ether.fi app will give users the experience of a traditional fintech app, allowing them to spend, save and earn money through linked crypto features including restaking. The app will allow bill payments and payroll … Read more
Polygon has launched the Agglayer Breakout Program to support projects building on the Agglayer and Polygon proof-of-stake (PoS) ecosystems in a boost for POL token stakers. The program combines incubation and community-focused funding to help founders develop and launch projects, with successful “graduates” airdropping 5%-15% of their native token supply to POL stakers and integrating … Read more
Crypto trading infrastructure startup, Theo, has raised a $20 million round co-led by Hack VC and Anthos Capital. Other participants included crypto-native firms and individual investors affiliated with traditional trading companies such as Citadel, Jane Street, and JPMorgan. Theo is developing a system that allows retail users to deposit digital assets into strategy-specific vaults, according … Read more
