Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October 2021, and has seen the team grow … Read more
Investment company Republic is set to acquire crypto trading firm INX Digital (INXDF) at a valuation of up to $60 million. Republic subsidiary Republic Strategic Acquisition will acquire all issued and outstanding shares of INX, according to an announcement on Thursday. The transaction is expected to close within eight months, subject to closing conditions. Already … Read more
Asset management firm WisdomTree (WT) is moving deeper into asset tokenization with expanding its institutional investment platform, WisdomTree Connect, to include 13 tokenized funds across five blockchain networks, the company said on Thursday. Previously limited to Ethereum, the platform now supports Arbitrum, Avalanche, Base and Optimism. Investors can interact with the funds through U.S. dollar … Read more
USDC at Center of Major Financial Developments Global economic tensions and shifting trade policies are creating subtle ripples in the stablecoin market, with USDC experiencing minor volatility while maintaining its dollar peg. The stablecoin recently navigated a brief dip below parity before quickly recovering, demonstrating resilience amid broader market uncertainty as investors seek safe havens … Read more
Down more than 5% since President Trump’s tariff announcement on Wednesday evening sent markets plunging, bitcoin (BTC) once again is disappointing bulls who have touted its store-of-value properties or potential as a non-correlated safe haven to risk assets like stocks. Or not. “This moment feels like a turning point,” said Joel Kruger, LMAX Group market … Read more
The kickstart of heavy tariffs under the Trump administration has ushered in a new chapter of uncertainty and opportunity for the crypto market, one that tends to ebb and flow with changes in the global economy. Tariffs, by design, increase the cost of imported goods, often leading to higher inflation, shifts in supply chains, and … Read more
Web2 marketers have long had tricks to track down and “acquire” (in ad speak) likely customers. But Web3? Not so much, says ad-tech exec Asaf Nadler. His company Addressable, is out with a new service that Nadler, the chief operating officer, claims will improve the efficacy of Web3 marketing — from the perspective of salespeople, … Read more
The U.S. Senate Banking Committee has voted to advance the confirmations of President Donald Trump’s picks to run the Securities and Exchange Commission and the Office of the Comptroller of the Currency — both key positions for the future U.S. regulation of the crypto sector. The nominations of Paul Atkins to permanently take over the … Read more
Ethereum developers set May 7 as the target date for the long-awaited Pectra upgrade on Thursday, beginning the countdown for the blockchain’s biggest changes since March 2024. Pectra contains a series of improvements aimed at making Ethereum more user-friendly and efficient. One such improvement is adding “smart contract” capabilities to wallets, which can make them … Read more
The team behind interoperability protocol Hyperlane shared Thursday their upcoming token airdrop plans happening at the end of the month. The airdrop will occur on April 22, and users can check their eligibility to receive $HYPER tokens via a portal provided by the Hyperlane Foundation by April 13, the team shared in a press release … Read more
