The integration allows institutions to stake Ether held in Anchorage custody and receive Puffer’s liquid restaking token while earning staking and restaking rewards. Anchorage Digital has integrated with Puffer Finance to give institutional clients access to Ethereum liquid restaking through its custody platform. According to Thursday’s announcement, institutions can stake Ether held with Anchorage and...Continue Reading

The provision banning the Federal Reserve from issuing a central bank digital currency was included in housing affordability legislation. The United States Senate voted on Thursday to include an amendment in the 21st Century Road to Housing Act that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The CBDC prohibition...Continue Reading

While a judge granted a motion by Changpeng Zhao, he also ordered the plaintiffs in the case against Binance to file a second complaint or face ”total or partial dismissal.” A federal court in Alabama has granted a motion to dismiss a 2024 complaint filed against Binance, its separate US entity Binance.US and former Binance...Continue Reading

The startup’s smartphone-based biometric system aims to help crypto platforms detect AI-generated accounts while preserving user privacy through onchain verification. Startup VeryAI has raised $10 million in a seed funding round led by Polychain Capital to launch a palm-scan identity verification system designed to distinguish real users from AI-generated accounts. The platform records identity attestations on Solana and...Continue Reading

While geopolitical tension and weak labor data are hurting market sentiment, institutional buying below $75,000 may soon exhaust sellers and spark a bull run. Bitcoin (BTC) failed to break beyond $71,000 on Thursday, partially driven by the decline in the US stock market, with BTC funding rates dropping deeper into negative territory. Key takeaways: Bitcoin...Continue Reading

US lawmakers are eyeing tax exemptions for US dollar stablecoins, which are pegged and do not change in value, but not other cryptocurrencies. Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC) transactions below a certain threshold to push for stablecoin tax exemptions. Several...Continue Reading

A surge in tokenized finance is driving demand for systems that reconcile blockchain transactions for audits and reporting, pushing digital asset accounting into focus. Cryptio, an accounting and data platform focused on regulated digital assets, has raised $45 million in a Series B funding round, highlighting growing demand for tools that help financial institutions reconcile...Continue Reading

A looming private credit crisis risked triggering liquidity crunches that could initially suppress Bitcoin prices, but Fed interventions may ignite a major BTC rally. There is a growing risk that a looming crisis in the private credit market, fueled by rising redemptions and defaults, could spill over into Bitcoin (BTC) and crypto markets, according to...Continue Reading

The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network. Tether’s investment arm has invested in Ark Labs, the developer of the programmable Bitcoin infrastructure Arkade, as part of a $5.2 million funding round to expand stablecoin capabilities on the Bitcoin network....Continue Reading

“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), has proposed a rule that could amend or issue new regulations over event contracts on prediction markets platforms like Kalshi...Continue Reading