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0 CommentsB Strategy, a digital asset investment firm founded by former Bitmain executives, plans to launch a $1 billion crypto treasury focused on investing in BNB, the native token of the Binance ecosystem. According to a Monday announcement, the new BNB treasury is backed by YZi Labs, the family office of Binance co-founder Changpeng Zhao. The new…
The United Arab Emirates (UAE) holds about $700 million in Bitcoin, which has been accumulated mostly from mining operations, according to the blockchain analytics platform Arkham Intelligence. Arkham said in an X post on Monday that it has become one of the first to publicly identify the UAE government’s wallets, finding that their wallet addresses hold…
The native token powering the decentralized derivatives exchange Hyperliquid was one of the few to post a gain over the last 24 hours, as crypto entrepreneur Arthur Hayes told an audience in Tokyo he expects it to increase 126x over the next three years. Hyperliquid (HYPE) has gained almost 4% over the last 24 hours…
Japanese finance conglomerate SBI Group has partnered with the blockchain oracle platform Chainlink to create crypto tools for Asia’s financial institutions. SBI said on Sunday that its collaboration with Chainlink will focus on “a number of key use cases for financial institutions in Japan and the APAC [Asia-Pacific] region,” with its initial attention on Japan’s market. The…
Opinion by: Dipendra Jain, co-founder of TCX Regulation has become the baseline for crypto. From the United States’ regulatory enforcement to Dubai’s comprehensive crypto rulebook and India’s renewed debate on formalizing Bitcoin reserves, governments are rewriting the rules of digital finance. As listed institutions, retailers and social networks weigh in on digital asset rails, stablecoins and yield…
Institutional investors from the traditional finance world lack the updated risk tolerance models to deal with crypto and may face trouble during the next bear market, according to Custodia Bank CEO Caitlin Long. “Big Finance is here in a big way, and that seems to be driving this cycle. I suspect it will continue to drive…
