Category: crypto

Bitcoin and Ethereum ETFs in the US saw nearly $1 billion in outflows on Aug. 19 due to recent price corrections in the crypto market. Bitcoin dropped to $112,000, while Ethereum fell to $4,200. Fidelity, Grayscale, and Bitwise were the most affected. Despite the outflows, assets under management for these ETFs remain at record levels.…

Federal Reserve Vice Chair Michelle Bowman urged banks to embrace blockchain technology to stay relevant in the rapidly changing financial landscape. She emphasized the importance of regulators and banks adopting a proactive approach towards crypto, highlighting tokenization as a key application of blockchain technology that can streamline processes and combat fraud.

Federal Reserve Vice Chair Michelle Bowman acknowledged crypto firms experiencing debanking due to regulatory uncertainty. The Fed has shifted its approach to blockchain innovation, removing reputational risk considerations from bank supervision. Bowman outlined four core principles for digital asset regulation: regulatory certainty, tailored regulation, consumer protection, and American competitiveness. She emphasized the importance of technology…

Brazil’s Chamber of Deputies Economic Development Commission will hold a hearing on Aug. 20 to discuss the establishment of a Bitcoin Strategic Reserve worth up to $18.6 billion. The proposal aims to modernize Brazil’s treasury management and protect international reserves. The legislation requires approval from multiple committees before becoming law.

Illinois Governor JB Pritzker criticized President Trump for allowing crypto insiders to influence federal policy, prioritizing investor protection. He signed two landmark laws regulating digital assets in the state, including oversight by the Department of Financial and Professional Regulation. Coinbase leaders pushed back against Pritzker’s comments, highlighting Democratic support for crypto legislation.

Tether has hired Bo Hines, a former adviser to President Donald Trump, as its Strategic Advisor for Digital Assets and US Strategy. Hines will oversee strategy, liaise with regulators, and engage with industry stakeholders to ensure Tether’s initiatives align with legal and operational standards. Tether is investing in the US market and planning to launch…

Figure Technology has filed for an IPO on Nasdaq, reporting $191 million in revenue for the first half of 2025. The company plans to trade under the ticker FIGR and has seen a financial turnaround due to demand for its blockchain-enabled lending platform. This move reflects a broader trend of digital asset firms accessing public…

1inch has launched a new DeFi feature allowing trustless cross-chain swaps between Solana and over 12 EVM networks without bridges. The feature eliminates bridge risks and uses a Dutch Auction settlement model to securely move assets between chains. The goal is to reduce fragmentation and bring new users and capital to Solana.

BTCS will pay a dividend in Ethereum to shareholders in September, with an additional loyalty dividend in January 2026 for long-term holders. The company’s shares rose following the announcement, with BTCS holding $303 million in ETH. This marks the company’s second crypto-based dividend program, showcasing its Ethereum-first strategy and commitment to rewarding shareholders while reducing…

TRON DAO, a community-governed organization focused on decentralizing the internet through blockchain technology, has announced a strategic partnership with MetaMask. This integration will allow MetaMask users to interact with the TRON ecosystem, expanding access to decentralized applications and advancing user-centric innovation. Joint marketing efforts will also be part of the collaboration.