Markets news
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Chinese fintech eyes Venom blockchain in push for digital finance modernization
Chinese media report that one of the country’s leading fintech companies is negotiating the acquisition of technological solutions from the…
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South Korea bans leveraged crypto loans, sets 20% ceiling on rates
South Korean regulators have moved to quell a brewing risk in crypto exchanges. The new regime bans high-risk leveraged loans…
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Trump Media partners with Crypto.com, acquires $105M in CRO tokens
In a deal with Crypto.com, Trump Media purchased 684.4 million Cronos tokens. Summary Trump Media acquired 684.4 million in Crypto.com’s…
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S&P 500 hits record high as stocks rise after latest jobs report
U.S. stocks rose as investors reacted to the softer-than-expected jobs report, with the S&P 500 and Nasdaq inching higher to…
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Bitcoin, altcoins rise as cooling labor market fails to spook risk trade
A lukewarm U.S. employment report for August sparked a broad crypto rally Friday. Traders appear to have interpreted the stagnant…
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SEC and CFTC push for regulatory clarity on DeFi, on-chain finance
Two major financial regulators are considering potential regulatory “innovation exemptions” for DeFi. Summary SEC and CFTC issued another joint statement…
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Bybit opens B2B unit to capture institutional crypto flow
Moving beyond the retail exchange model, Bybit has built dedicated infrastructure for institutional and enterprise clients. Its new B2B unit…
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Justin Sun plans to invest $20m in WLFI and ALTS
Justin Sun plans to market buy the World Liberty Financial token and ALT5 Sigma Corporation stock, with a splash of…
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Coinbase adds Sei, Pepe, Bonk and PUMP as collateral for perpetual futures trading
U.S.-based cryptocurrency exchange Coinbase has added several altcoins, including Sei, Pepe, and Pump, to its list of tokens supported as…
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James Wynn claims his UK bank accounts were frozen with no explanation
Leveraged trader James Wynn, famous for his huge gains and losses, claims his UK bank accounts were frozen with no…
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