OKX Wallet Becomes Official Sui Partner, Expands New Features
Major crypto exchange OKX has expanded its integration partnership with the
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Phoenix Group Reports 236% Revenue Surge, Hits $107M Amid Global Crypto Mining Expansion
Phoenix Group, an Abu Dhabi-based crypto mining firm, has reported a staggering 236% surge in mining revenue, reaching $107 million for 2024. The firm’s financial success resulted from its strategic expansion efforts and operational efficiencies despite a challenging market environment.…
Avalon Labs Considers First Bitcoin-Backed Debt Public Fund
Avalon Labs, a company focused on building on-chain financial products for Bitcoin (BTC), is exploring the possibility of launching a first Bitcoin-backed debt-focused public fund in the US. On Feb. 12, Avalon Labs announced in its X post that it…
Swiss Stock Exchange SIX Introduces Digital Collateral Service for Crypto and Traditional Assets
The Swiss stock exchange group SIX has launched its Digital Collateral Service, allowing financial institutions to use crypto assets alongside traditional securities as collateral. SIX operates one of Europe’s largest triparty agents, which provides collateral management solutions for financial institutions,…
31% of Central Banks Have Delayed CBDC Plans Due to Regulatory Concerns: Survey
A significant portion of central banks worldwide have delayed their plans for launching central bank digital currencies (CBDCs), citing regulatory challenges and shifting economic priorities. A February 11 report by the Official Monetary and Financial Institutions Forum (OMFIF) and security…
Bitpanda Expands to the UK After Securing FCA Approval
Bitpanda, European cryptocurrency platform, has officially received approval from the UK’s Financial Conduct Authority (FCA) to expand its operations into the British market. This FCA’s approval enables Bitpanda to provide UK investors with access to crypto trading, staking services, savings…
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