21X, a Frankfurt-based company building a blockchain-based exchange to list and trade tokenized securities, has received approval to go live from Germany’s financial supervisory authority, BaFin. The 21X exchange, which runs on the scalable Polygon chain, plans to launch its exchange for tokenized financial instruments from its Frankfurt headquarters in the first quarter of 2025, […]

Amsterdam-based D2X, a cryptocurrency derivatives exchange backed by hedge fund giant Steve Cohen’s Point72 Ventures, has gone live with institutional market participants Flow Traders, Basis Capital Markets and Algorithmic Trading Group. Licensed by Dutch Authority for the Financial Markets (AFM), D2X comes out the gate with 7-days-a-week trading in cash-settled BTC-EUR and ETH-EUR Calendar Futures,

Union Labs, a project focused on helping blockchains communicate with each other, has raised $12 million in a Series A funding round led by Gumi Cryptos Capital and Longhash Ventures. The fresh round of funds will be used to expand Union’s core team, advance partner integrations, and contribute to ecosystem growth. The fundraising comes after

During the dog days of summer, Polymarket’s election betting surged on (correct) speculation that the Democrats would make a “hot swap” of Joe Biden for Kamala Harris as their presidential candidate. Trading volume grew and grew through the fall. All along, doubts lingered about whether the platform’s trader base would hold steady after the ballots

EDX Markets, the institution-only crypto exchange that started operations in June 2023 with support from Wall Street giants like Fidelity, Charles Schwab and Citadel Securities, has appointed its current chief technology officer, Tony Acuña-Rohter, as CEO. Wall Street veteran Jamil Nazarali, the founder and current CEO of the exchange, will move to the position of

Nearly $2 billion worth of forfeited bitcoin (BTC) linked to the Silk Road website were moved to crypto exchange Coinbase Prime on Monday. A wallet tagged as “U.S. Government: Silk Road DOJ Confiscated Funds” transferred 19,800 bitcoin on Monday to a fresh address with no prior history of transactions, blockchain data by Arkham Intelligence showed.

Until last week, the issue of de-banking remained largely an open secret, something known primarily to insiders like myself. As I work to protect people and entities affected by de-banking both in the U.S. and globally, I have witnessed firsthand the devastating economic and social impact this has had on businesspeople, nonprofit organizations and “politically

A Solana-based memecoin themed on viral Thai zoo hippo Moo Deng surged by more than 67% after <a href=”https://x.com/CoinbaseAssets/status/1863600476077347065″ target=”_blank”>it was listed on cryptocurrency exchange Coinbase</a> on Monday. Its market cap is now pushing back towards $500 million after a two-week lull that saw the token’s price drop from $0.67 to $0.30. It is currently

Bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) daily mining revenue and gross profit rose in November as the world’s largest cryptocurrency hit record highs, but it is still about 50% below <a href=”https://www.coindesk.com/tech/2024/04/20/bitcoin-blockchain-has-fourth-halving-in-15-year-history-in-show-of-monetary-policy-set-by-code” target=”_blank”>pre-halving</a> levels, JPMorgan (JPM) said in a research report Monday. “We estimate that bitcoin miners earned an average of $52,000 per EH/s in daily

BitGo, a cryptocurrency custodian that has been meeting companies’ safekeeping needs since 2013, said it is introducing a dedicated retail platform for everyday crypto investors. The retail custody offering is live for all global investors and provides the same institutional-grade security guarantees under the hood that the firm’s existing customers are familiar with, CEO Mike