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Finance

Decentralized Exchange Bluefin to Roll Out Token After Securing $17M in Total Funding

The exchange says it has already seen more than $25 billion in trading volume since the start of the year, with monthly revenues topping $1 million.

Bluefin v2 (Bluefin)

Policy

Crypto Giants Notch Wins in Expensive Quest to Sway U.S. Politics – Without Mentioning Crypto

Coinbase, Ripple and a16z donated unprecedented money to influence the outcomes of congressional races, but nobody wants to say who's in charge, how it works or even to discuss digital assets in campaign ads.

CEO Brian Armstrong's Coinbase is among the top industry backers of the crypto campaign fund that's shifting the landscape in the 2024 U.S. elections. (Steven Ferdman/Getty Images)

Policy

Jump Crypto Adds $10M to Industry's U.S. Political War Chest, Raising PAC to $169M

The digital assets industry's Fairshake PAC is a congressional heavyweight with recent influxes, and its latest filings will indicate it still has $109M to spend.

Jump Crypto's new $10 million donation to the industry's Fairshake PAC further bolsters the U.S. campaign juggernaut. (CoinDesk/Alexander Mils, Unsplash)

Policy

Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

The industry says a surprise section in a recent spending bill could slam crypto with sanctions threats, but a key Senate office is now meeting with digital assets sector insiders.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)

Finance

Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain

The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund with Onyx Digital Assets.

(Shutterstock)

Finance

Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind

Crypto lending firm Ledn survived the crypto winter by being "boring, slow and safe," according to a co-founder.

Ledn co-founders Mauricio Di Bartolomeo (left) and Adam Reeds (Ledn)

Finance

Customers Bank Said to Debank Some Digital Asset Hedge Funds

The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.

A Customers Bank poster at Consensus 2022.

Finance

Web3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer

The round counts OKX Ventures, HashKey Capital and Animoca Brands among its backers

16:9 Security (LEEROY Agency/Pixabay)

Finance

Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado

Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances.

El Dorado co-founders Guillermo Goncalvez and Juan Carlos Andreu (El Dorado)

Finance

DWF Labs to Purchase $12M FLOKI From Project Treasury, Open Market

Floki is gearing up to introduce newer products in the coming months, including the Valhalla metaverse game on its mainnet.

(Christal Yuen/Unsplash)