The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through high-value property.
The deal adds Ethena's yield-generating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized money market fund.
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ecosystem.
Strategy adopted a new capital management framework, authorizing up to $2 billion in buybacks while creating a program that allows future bitcoin sales to support liquidity.
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap.
The Ethereum co-founder says indistinguishability obfuscation could one day act like a “trustless trusted third party,” but today’s versions remain far too slow for real use.
The institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody Ireland CEO John Cronin takes the helm.
European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.
Bitcoin is trading below key technical and onchain valuation levels, with historical bear market patterns suggesting a potential bottom closer to $45,000.
The bitcoin advocate said his crypto bottom claim is based on the fact that the traditional four-year halving cycle has changed, although several analysts continue to expect further downside.
The crypto bull shrugged off market skepticism by sharing a chart of the company's $50 billion stash and teasing that they are going to need more data points.
The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.