cryptoexchange

HTX Integrates Fireblocks Off-Exchange to Secure Institutional Trading

HTX has integrated and launched Fireblocks Off-Exchange, a solution aimed at institutional trading. This integration enhances the platform’s security infrastructure and streamlines operations within a compliant framework. Fireblocks Off-Exchange enables institutions to securely trade digital assets by maintaining funds in self-custodied, off-exchange collateral accounts, which reduces counterparty risk while allowing

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A16z doubles down on LayerZero with $55M investment

Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali Yahya, a general partner in the firm.A16z has made previous investments in LayerZero, including an

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Wyoming commission floats whether stablecoin is ‘covered’ by SEC rules

The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and Exchange Commission (SEC).In an April 17 meeting in the extension of the Wyoming Capitol building, Commissioner

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Kraken Sheds ‘Hundreds’ of Jobs to Streamline Business Ahead of IPO, Sources Say

Crypto exchange giant Kraken has laid off hundreds of staffers across all areas of the business over the past several months, as the firm continues to streamline its operations ahead of a potential public listing in the U.S., according to two people familiar with the situation.Kraken was reported to have

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Huaxia to add staking to Ether ETF, Hong Kong’s second of its kind

Huaxia Fund is set to launch staking services on its Ether exchange-traded fund (ETF), making it the second in Hong Kong. OSL Digital Services (OSL) will provide custody and staking infrastructure for the fund.The staking feature will be live on May 15, moving the ETF from a strictly passive investment

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LayerZero’s ZRO Price Jumps 10% as VC Firm Andreessen Horowitz (a16z) Buys $55M Tokens

Interoperability protocol LayerZero's native token (ZRO) surged Thursday on news that venture capital firm Andreessen Horowitz's (a16z) crypto arm increased its investment in the project.The company acquired additional $55 million ZRO tokens committing to a 3-year lock-up period, general partner Ali Yahya said in an X post. A16z has been

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Dollar Reined in After First Currency Control Free Week in Argentina

The price of the U.S. dollar weakened during the first week after lifting the currency controls in Argentina, with the peso gaining ground and stabilizing at an exchange rate of 1,160 pesos per dollar. The rate, which is closer to the stronger side of the established fluctuation band, has spurred

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Why it’s outperforming altcoins — and what comes next

Over the past year, most altcoins have struggled to keep up with Bitcoin, but one project is breaking away from the pack: XRP.While other tokens have stagnated or slid, XRP (XRP) has surged more than 300% in just six months against Bitcoin (BTC) to quickly become one of the best-performing

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Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian

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Bitcoin ETFs Plunge Back Into Red With $170 Million Exit

Bitcoin exchange-traded funds (ETFs) saw their recovery come to a sharp halt on Wednesday, April 16, logging a $170 million net outflow led by major withdrawals from Fidelity and Ark 21shares. Ether ETFs stayed firmly in the red, recording their seventh straight day of outflows. Bitcoin ETFs Retreat After Brief

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