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A part of the proceeds would be used to enter capped call transactions and prepaid forward transactions, the company said.
Lawmakers questioning the nominee appeared to believe the CFTC will need more resources if asked to regulate crypto more.
Though it's still uncertain when spot Solana ETFs would be approved, Bloomberg senior ETF analyst Eric Balchunas estimated they could be approved within two to four months.
1inch Labs claims to have reduced latency through an upgraded price route discovery algorithm called Pathfinder.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In a monumental move, House committee lawmakers advanced landmark legislation to regulate cryptocurrencies at large on Tuesday.
American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., purchased 215 BTC.
Ripple's XRP Ledger is the second blockchain to welcome Guggenheim's DCP after the U.S. Treasury-backed tokenized asset launched on Ethereum.
Adyen veteran Thijn Lamers has also joined the stablecoin infrastructure platform as co-founder and president.
The Tel Aviv, Israel-based security startup raised $40 million in fresh financing in a round co-led by Ten Eleven and Ballistic Ventures.