Institutional
Institutional

Why Binance suddenly isn’t afraid of negative press anymore

Binance suing the Wall Street Journal is not a new kind of signal, as the exchange has fought what it…
Institutional

Court closes Custodia fight with Federal Reserve just as Fed opens master-account door

Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia’s years-long court battle with…
Industry News

Fed’s Selective Banking Access Creates Precedent for Crypto Infrastructure Players

The Federal Reserve’s approval of Kraken’s master account application while Custodia’s legal challenge fails signals a nuanced approach to crypto…
DeFi

Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion

Circle’s USYC tokenized U.S. Treasury fund has grown to $2.2 billion, surpassing BlackRock’s BUIDL fund as investors increasingly seek onchain…
Institutional

Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion

The company is taking a broad look at crypto-native firms that could generate interest on Wall Street. Read Full Story…
Institutional

Billionaire Investor Stanley Druckenmiller Bullish on Stablecoin Growth

Former hedge fund manager Stanley Druckenmiller expects stablecoins to take over payments systems in the next 10-15 years. Read Full…
Institutional

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

Six North Korean individuals and two entities were hit with U.S. sanctions over an alleged crypto-fueled fraud scheme targeting U.S.…
Institutional

Circle's USDC volumes top Tether's USDT for first time since 2019, prompting sell-side price target hike

Japanese investment bank Mizuho remains neutral on Circle, but lifted it price target to $120 from $100. Read Full Story…
Institutional

BlackRock's Staked Ethereum ETF Sees Over $43M in Inflows on Day One

Day-one trading volume for ETHB on Nasdaq reached over $16.5 million. Read Full Story at Thedefiant.io →
DeFi

BlackRock’s new product just made Ethereum income impossible to ignore

BlackRock’s new staked Ethereum ETF (ETHB) is easy to misunderstand. This is not the first time ETH staking has finally…