Morgan Stanley Launches First Bank-Issued Bitcoin ETP Amid Regulatory Challenges
Morgan Stanley has introduced the first Bitcoin exchange-traded product (ETP) issued by a U.S. bank, signaling a significant move into the digital asset market. Amy...
Tag : Finance
Figure Technology Achieves $1 Billion in Monthly Loan Originations, Pioneering Blockchain in Credit Markets
Figure Technology Solutions (FIGR), led by Mike Cagney, has reached a significant milestone, crossing $1 billion in monthly loan originations for the first time in...
Crypto Industry Faces Security Challenges Following Major DeFi Hack
The recent $292 million exploit of Kelp DAO has raised significant concerns regarding security and risk management within the decentralized finance (DeFi) sector. As traditional...
Crypto Trade Groups Advocate for Key Legislative Changes on Stablecoin Yield
Crypto trade organizations have urged for a markup of significant market structure legislation shortly after U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) unveiled...
Brazil’s Central Bank Prohibits Cryptocurrencies for Cross-Border Remittances
Brazil’s central bank has enacted a ban on the use of cryptocurrencies, including stablecoins like USDT and USDC, for settling overseas remittances through electronic foreign...
Riot Platforms Shares Surge 8% Following AMD Deal and Financial Improvements
Riot Platforms (RIOT) experienced an 8% increase in its stock price on Friday, driven by the expansion of its partnership with Advanced Micro Devices (AMD)...
U.S. Senators Propose Ban on Stablecoin Yield Offerings
U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) have introduced a new agreement that prohibits stablecoin issuers from offering yield on stablecoin holdings. This...
AIMCo Reinvests in Strategy, Reports $69 Million Unrealized Gain
The Alberta Investment Management Corporation (AIMCo) has made a significant move by acquiring 1,382,000 shares of Strategy (MSTR) for approximately $172.5 million, as revealed in...
Ark Invest Projects Significant Growth for Bitcoin by 2030
Ark Invest’s latest research report indicates that Bitcoin, currently priced at $78,349.64, is poised for substantial growth over the next four years, potentially reaching a...
Senators Question Tether Loan to Secretary Lutnick’s Family Trust
Senators Elizabeth Warren and Ron Wyden have reached out to Howard Lutnick and Tether’s CEO Paulo Ardoino regarding a reported loan from Tether to a...