Companies News

CoinShares is set to acquire investment manager Bastion Asset Management to launch actively managed crypto ETFs in the US.

David Schwartz was one of the chief architects behind the XRP Ledger and is well known by many in the cryptocurrency and blockchain industry.

The TON blockchain is powering a global onchain vote to send six civilians into space, five from underrepresented countries, and one from the general public.

Shares in QMMM Holdings will be off the market until Oct. 13 after the US securities regulator suspended trading to probe possible stock manipulation.

Strategy’s $22.1 million Bitcoin purchase brought the company’s total Bitcoin holdings to 640,031 BTC, acquired for about $47.35 billion.

“It’s a treasurer’s dream,” said QNB’s Kamel Moris, highlighting how the bank’s shift to JPMorgan’s Kinexys blockchain enables near-instant, 24/7 payments.

Swift is teaming up with Consensys and over 30 unspecified institutions to build a blockchain-based settlement system for 24/7 real-time cross-border payments.

NYDIG’s Greg Cipolaro argues that a popular metric for valuing crypto companies should be retired as it misleads investors.

Investor psychology has not changed in the ensuing 25 years since the dotcom-era bust that took down the US stock market in the early 2000s.

Although crypto treasury companies have enjoyed short-term price gains, most have underperformed the underlying assets they hold.

US President Donald Trump’s son Eric told the New York Post that stablecoins could “save the US dollar,” and defended his family’s crypto ventures.

Since the peak of the Trump news-driven rally, Cronos has lost more than $6 billion, or nearly 50% of its market cap.

UK Finance launched a tokenized deposits pilot in partnership with six major banks, including Barclays, HSBC and Lloyds Banking Group.

DBS Hong Kong CEO Sebastian Paredes warned that Hong Kong’s new stablecoin KYC and AML rules will largely block their use in onchain derivatives trading.

Google has acquired a 5.4% stake in Bitcoin miner Cipher Mining by backstopping $1.4 billion of Fluidstack’s obligations in a $3 billion, 10-year AI data center deal.