U.S. Bank said it restarted cryptocurrency custody offerings for institutional investment managers, broadening the service to include bitcoin (BTC) exchange-traded funds (ETFs). The program, first rolled out in 2021 and put on hold in 2022, is available on an early access basis through U.S. Bank’s Global Fund Services division,...

Ondo Finance launched Wednesday its tokenized equity platform dubbed Ondo Global Markets, offering non-U.S. investors access to more than 100 U.S. stocks and exchange-traded funds (ETFs) on-chain. The tokenized equities, first announced in February, has gone live on Ethereum and are backed by securities held at U.S.-registered broker-dealers, the...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4055.49, up 1.6% (+65.75) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: AVAX (+5.2%) and BCH (+3.4%). Laggards:...

ArbitrumDAO has unveiled season one of its $40 million DeFi Renaissance Incentive Program (DRIP), allocating up to 24 million ARB tokens to accelerate decentralized finance growth on the Arbitrum network. The first season of DRIP focuses on leveraged looping strategies for yield-bearing ETH and stablecoins, with incentives flowing to...

European Central Bank (ECB) President Christine Lagarde urged European Union (EU) lawmakers to impose stringent requirements and safeguards on foreign stablecoins. Lagarde argued they should comply with the bloc’s regulatory standards before operating on EU soil, she said in a speech at a European Systemic Risk Board (ESRB) conference...

Solowin Holdings (SWIN), a publicly-traded investment holding firm, has announced it completed a $350 million acquisition of stablecoin infrastructure provider AlloyX, integrating its talent and technology as it aims to bolster its expansion into emerging markets. The Hong Kong-based financial firm said in a press release that the deal...

Bitcoin is entering a new phase after months of dominance and sustained gains. For the first time since late 2022, BTC is lagging behind while Ethereum and several altcoins begin to show strength. This shift has caught the attention of investors, as Bitcoin has long been the main force...

rAs Bitcoin (CRYPTO: BTC) consolidates above $110,000, market commentators are debating whether recent price action is a prelude to a reversal or if more downside is to come. What Happened: In a podcast update on Sep.1, prominent trader Mayne reaffirmed that “crypto is not dead,” highlighting that current pullbacks...

The first test fire doesn’t go as planned. Fluid sprays everywhere, covering the shed and everyone nearby. The team has to redo everything and make sure the clamps are significantly tighter. #testfire #fail #DIY #experiment #shorts...

ZBCN bullish pennant suggests higher prices...