Markets

Coinbase Launches Free Conversion for PayPal's PYUSD Amid Intensifying Stablecoin Competition The partnership is another indicator that stablecoin issuers are looking to increase their market share amid tightening regulations in the US. Christian Sandor | Edited by Sheldon Rebeck on…

TON Foundation Appoints MoonPay Co-Founder Maximilian Kraun as CEO The appointment comes after Manuel Stotz was elected chairman of the foundation's board. Oliver Knight | Edited by Parikshit Mishra April 24, 2025, 2:30 PM What you need to know: Ton…

Ether.fi Transforms into Neobank, Launches Cash Cards in the US The app suite will allow users to spend, save and earn cryptocurrency. Oliver Knight | Edited by Sheldon Rebeck April 24, 2025, 1:00 PM What you need to know: Ether.fi…

Cryptocurrency trading boosts digital bank Revolut's profits to over £1bn in 2024 The London-based fintech group's revenue from assets increased 298% from £127,139 to just over £500 million for the full year 2024. Jamie Crowley | Edited by Aoyon Ashraf…

Binance to Offer Crypto Asset Managers 'Stock Accounts' That Reflect TradFi Trading The world's largest cryptocurrency exchange provides digital asset managers with specialized omnibus accounts that allow them to pool their investors' assets. Author: Ian Ellison | Edited by Sheldon…

Portofino Technology's chief legal officer and head of compliance has become the latest high-profile executive to leave. Celine Armstrong worked for a crypto trading company for over three years and was based in London. Will Canny | Edited by Sheldon…

KiloEx to compensate users affected by attack for $7 million Users whose positions remained open during the platform suspension will be reimbursed for the difference in increased losses or reduced profits. Jamie Crowley | Edited by Parikshit Mishra on April…

Buying Solana to fund balances gains popularity as DeFi growth pushes assets to $48M The company formerly known as Janover has continued to actively accumulate its long-term crypto assets by acquiring locked SOL tokens at below-market prices. Christian Sandor, AI…

Nota Bene says travel compliance increases thanks to new rules and stablecoin payments An annual survey of cryptocurrency companies conducted by Notabene found that almost all survey participants expect the Travel Rule to be implemented by mid-2025. Author: Ian Ellison…

Arch Labs Raises $13M to Fund Bitcoin-Based Smart Contracts The funding round, which valued Arch Labs at $200 million, was led by Pantera Capital. Author: Jamie Crowley | Edited by: Sheldon Reback Updated: April 22, 2025, 4:38 PM Published: April…