DeFi Protocol Stream Finance Freezes Up After External Manager Loses $93M
Crisis at Stream Finance. The DeFi protocol has halted all withdrawals after an external fund manager lost $93 million of its assets.
FTX Abandons Plan to Withhold Customer Repayments in China, Russia
FTX has withdrawn a motion that could have blocked customer repayments in 49 countries.
Ripple Brings Crypto Prime Brokerage to Wall Street’s Doorstep
Ripple is taking its services directly to US institutions with the launch of a new digital asset prime brokerage.
Fragment to Force: EU’s Regulatory Overhaul Targets Deeper Capital Markets
The European Union is confronting a key structural weakness: its fragmented financial regulation.
Tether’s Opaque $10B Profit Highlights Its Unrivaled Scale and Influence
Tether Holdings has announced staggering annual profits exceeding $10 billion, yet the details remain as opaque as the company itself.
Hong Kong’s Crypto Market Integrates with Global Trading Ecosystem in Regulatory Overhaul
Hong Kong is fundamentally reshaping its digital asset landscape by integrating its crypto market with the global ecosystem.
Trademark Filing Reveals Western Union’s Deep Crypto Plans: Wallets, Trading, and a New Brand
A new trademark filing for “WUUSD” reveals that Western Union’s crypto strategy is more extensive than its recent stablecoin announcement suggested.
