Category: crypto

Galaxy Digital has launched a $5 million fund to support Bitcoin developers working on quantum resistant security solutions. The initiative will finance research into new signature schemes, wallet migration tools, and security audits for Bitcoin. The company is urging other institutions to contribute to this effort to prepare for future quantum computing risks.

Satsuma Technology shareholders have voted to sell the company’s Bitcoin holdings, return capital to investors, and delist from the London Stock Exchange. Over 90% of votes supported the decision, reversing a treasury strategy launched after a $218 million fundraising round last year. The company plans to complete the process by September.

Ramp has launched Solana-powered stablecoin accounts for businesses to hold USDC and USDT and make cross-border payments at any time. The feature integrates with existing workflows, allows payments in over 140 countries, and offers rewards on stablecoin balances. Solana is expanding enterprise payment partnerships, focusing on stablecoin settlements.

Uphold has launched U.S. stock and exchange-traded fund trading within its crypto platform, allowing eligible customers to access over 4,000 listed securities. Users can trade directly between supported cryptocurrencies and stocks, with Uphold converting crypto assets into dollars before executing securities trades through its registered broker-dealer. The platform plans to expand to 24/5 trading to…

Coinbase is expanding its “Everything Exchange” platform to Canada, offering tokenized stocks and traditional financial products. The company is working with Canadian regulators to launch the service and is also monitoring stablecoin regulations to introduce new payment products. Coinbase’s international expansion includes securing authorization in the EU and simplifying registration for Chinese users.

BscScan, a blockchain explorer for BNB Smart Chain, is undergoing maintenance that may disrupt website and API services temporarily. Users can access transactions and other onchain activities through alternatives like BSCTrace and OKLink. Traders and developers may need backup tools during the maintenance period, which is expected to last 3-4 hours.

The U.S. Department of Justice is seeking the forfeiture of over $25 million in cryptocurrency recovered from five international fraud investigations involving fake crypto investment and romance scams in the U.S. and Canada. The recovered assets will be subject to civil forfeiture proceedings to compensate eligible victims. Investigations revealed laundering networks in Southeast Asia, with…

South Korea has launched a 9.6 billion won project to expand CBDC-based deposit token payments into everyday commercial use. The project involves nine banks, eight payment firms, and two major merchants testing the system using existing infrastructure without replacing terminals. It builds on the Bank of Korea’s pilot program for wider public adoption.

Bitget plans to enter the U.S. market regardless of the CLARITY Act, seeking regulatory approvals for money-transmitter, derivatives, and broker-dealer services. The exchange is exploring collaboration with NYSE and Nasdaq for tokenized traditional assets. While the CLARITY Act could simplify regulations, Bitget’s U.S. launch does not depend on its passing.

Coinbase receives $150,000 settlement from SEC after losing Gary Gensler’s text messages related to crypto. SEC blamed avoidable IT failures for loss. Settlement requires SEC to revise record-retention policies. Coinbase filed lawsuit for internal records, which revealed SEC’s errors in erasing Gensler’s messages. The settlement concludes FOIA dispute.