Mike Novogratz’s Galaxy Ventures Fund Surpasses $150 Million Goal
Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of $150 million, with expectations to close between $175 million and $180 million by the end of…
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DWF Labs Unveils $25M Investment in Trump-Backed Liberty Financial and Plans for USD1 Stablecoin Liquidity
Dubai-based DWF Labs has announced a strategic expansion into the United States with the opening of a new office in New York City, alongside a $25 million purchase of World…
OKX Officially Launches US Operations With New Exchange and Wallet
OKX has officially announced its launch in the United States, introducing a centralized cryptocurrency exchange and the OKX Wallet, with its regional headquarters established in San Jose, California. Roshan Robert…
Check Point Partners With Fuse to Deploy Blockchain Firewall for Real-Time Threat Prevention
Layer 2 payments blockchain Fuse has announced a partnership with Check Point Software Technologies Ltd. (NASDAQ: CHKP) to develop and deploy a real-time threat prevention security layer for its blockchain.…
Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance
Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found…
Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar
European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy. The agency outlines three possible…
JPMorgan Expands Kinexys Network to Include British Pound Accounts, Targeting Stablecoin Market Gaps
JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate…
Avalon Labs Launches Institutional Layer on Bybit to Enhance Bitcoin Lending and Yield
Avalon Labs has launched its institutional layer on Bybit, aimed at transforming bitcoin lending and yield opportunities within the centralized exchange ecosystem. This new feature allows bitcoin holders to access…
Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025
Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the…
Ethereum Drives Highest Daily Liquidations on Aave V3 Since February Amid Market Volatility
This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in…
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