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Policy

Crypto Coalition Tells SEC Staking Is 'Essential Good,' Not a Security

Industry entities led by the Crypto Council for Innovation argued in a letter to the U.S. Securities and Exchange Commission that it shouldn't regulate staking.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Finance

A Vanishing $212M Bitcoin Order Caused Chaos for Traders. Is Spoofing Back in Crypto?

Despite increased scrutiny, spoofing remains a challenge in crypto, highlighting the need for better surveillance and stricter regulations.

A curious case of $212 million vanishing bitcoin order. (Getty Images)

Finance

Ether.fi Pivots to Become Neobank, Rolls Out Cash Cards in U.S.

The suite of apps will allow users to spend, save and earn crypto.

Four mobile phones showing different screens from the Ether.fi app. (Ether.fi)

Finance

Portofino Technology's General Counsel and Compliance Head Is Latest Senior Exec to Exit

Celyn Armstrong had worked for the crypto trading firm for over three years, and was based in London.

(Paul Brennan/Pixabay)

Finance

Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains

Digital asset financier Bolts Capital completed the token purchase to bring Analog's total backing to $36 million.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Finance

Dutch Bank ING Said to Be Working on a New Stablecoin With Other TradFi and Crypto Firms

ING’s stablecoin project could take the form of a consortium effort including some other banks and crypto service providers, two people familiar with the plans said.

(Sundry Photography/Shutterstock)

Finance

Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors

The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro.

Kraken on phone (PiggyBank/ Unsplash)

Technology

Ethena, Securitize Target Q2 Mainnet Launch for RWA-Focused Blockchain, Tap Arbitrum, Celestia

The Converge chain is set to have fast blocktimes, let users pay gas fees in Ethena's tokens and support both permissionless and permissioned apps, the teams said.

Securitize CEO Carlos Domingo (left) and Ethena founder Guy Young (Securitize)

Markets

Lombard Finance Launches Toolkit to Unlock Bitcoin’s $154B DeFi Opportunity

Major exchanges Binance and Bybit have already integrated the SDK, which routes staked BTC into Lombard’s DeFi Vault.

Lombard co-founder Jacob Phillips (Lombard)

Finance

Tether, Circle to Face Intense Competition as TradFi Enters the Arena, Fireblocks Says

Ran Goldi, SVP of payments at Fireblocks, reviews the strategic moves as stablecoin issuers look to corner the market.

Fireblocks sign at Miami airport during Bitcoin Miami conference 2022 (Danny Nelson/CoinDesk)