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Financial

Gemini Pulled $282M Earn Users’ Funds From Genesis Last Year to Protect Customers

May 6, 2025 by admin

Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.

Categories Financial Tags Earn, Gemini, Genesis Leave a comment

Major TradFi Player VanEck Readies Ethereum Futures ETF

May 6, 2025 by admin

VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts traded on commodity exchanges registered with the CFTC.

Categories Financial Tags Etf, Ether, Futures Leave a comment

FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B

May 6, 2025 by admin

One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”

Categories Financial Tags Ftx, Market, Matrixport, Over, Said Leave a comment

Crypto Observers Warn of Risk Aversion as Oil Prices Top $93

May 6, 2025 by admin

WTI crude oil has surged 30% higher this quarter, a rally that could feed into inflation, forcing central banks to keep rates elevated for longer than expected.

Categories Financial Tags High, Oil, U.s., Which, Will Leave a comment

Coinbase Receives Regulatory Approval to List Perpetual Futures Trading to Users Outside US

May 6, 2025 by admin

The company has been looking to expand globally and announced its international exchange in May this year.

Categories Financial Leave a comment

Ethereum Developers Try for Second Time to Launch New Holesky Test Network

May 6, 2025 by admin

The original planned launch date of Holesky, on Sept. 15, was supposed to celebrate the one-year anniversary of Ethereum’s historic “Merge” transition. But things didn’t go so smoothly. Now developers are trying again.

Categories Financial Tags Ethereum, Test Leave a comment

IOTA Network to Debut ShimmerEVM’s Smart Contracts and Tokens

May 6, 2025 by admin

Users can also send SMR tokens (and in the future NFTs and custom Native Assets) to the ShimmerEVM through Firefly.

Categories Financial Tags Blockchain, Iota, Network, Token Leave a comment

Buenos Aires Releases Blockchain Digital Identity Solution Powered by Matter Labs’ ZK Proofs

May 6, 2025 by admin

Citizens of Buenos Aires can access the identity solution, the QuarkID wallet, where they can store their birth and marriage certificates, according to the city government.

Categories Financial Tags Buenos Aires, Will Leave a comment

Bitfinex to Enhance Clients’ Assets Security Using Zodia Custody’s Interchange Product

May 6, 2025 by admin

Zodia’s Interchange allows clients to keep their assets on its platform, while their holdings are mirrored and available on an exchange for trading.

Categories Financial Tags Exchange Leave a comment

First Mover Americas: MakerDAO Exchange Balance Jumps; CZ Denies He Owns CommEx

May 6, 2025 by admin

The latest price moves in crypto markets in context for Sept. 28, 2023.

Categories Financial Tags Crypto Leave a comment
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