Web3 company Animoca Brands signed a non-binding memorandum of understanding (MOU) with DayDayCook (DDC) Enterprise, a meal-prep and packaged food company that recently adopted a Bitcoin treasury strategy, to manage Animoca’s BTC holdings and generate a yield on those reserves. Animoca will allocate up to $100 million in BTC as part of the deal, according…
US-based spot Bitcoin ETFs recorded over $1 billion in inflows for the second consecutive day on Friday, marking the first time since their January 2024 launch that they’ve seen two back-to-back days with ten-digit inflows. On Friday, the 11 spot Bitcoin ETF products recorded total inflows of $1.03 billion, following $1.17 billion in inflows the…
Malta’s cryptocurrency licensing process has come under scrutiny from the European Securities and Markets Authority (ESMA), Europe’s primary supervisory body overseeing the Markets in Crypto-Assets Regulation (MiCA). The ESMA on Thursday released a review of the authorization process of crypto asset service providers (CASPs) by Malta’s Financial Services Authority (MFSA), highlighting several shortfalls and proposing a set…
Coinbase International Exchange has integrated with Copper’s ClearLoop network to offer institutional clients access to off-exchange settlement amid “high” demand for more efficient and secure trading infrastructure. The collaboration, announced Thursday, allows institutions to manage collateral and settle trades in near real-time without moving funds onto the exchange, according to a press release shared with…
Decentralized exchange dYdX has integrated its trading engine into the Crypto.com Onchain app, aiming to deliver a seamless self-custodial experience for trading perpetuals. For the modern digital native, life happens on a phone. Banking, investing and socializing are all powered by slick apps that work instantly. Yet, for years, the world of onchain, self-custodial trading…
OpenSea acquired Rally, a mobile-focused Web3 platform, to bring token and NFT trading to mobile devices. The acquisition, announced Tuesday, signals OpenSea’s push to develop a mobile-first platform for trading digital assets. “Buckle up. The future of NFT and token trading fits in your pocket,” OpenSea wrote on X. According to Rally, users can expect a new OpenSea mobile…