Author: Helen Partz

Crypto brokerage FalconX raises $150M at $8B valuation

CoinTelegraph

Despite the ongoing bearish trend in cryptocurrency markets, venture capital firms continue pouring capital into major industry players like FalconX. FalconX, the institutional-level digital asset platform and crypto brokerage, has raised $150 million in fresh funding as part of its Read More

Japan passes bill to limit stablecoin issuance to banks and trust companies

CoinTelegraph

Japan is moving forward with legislation regarding the issuance of stablecoins i.e. digital assets with their value pegged to fiat currencies or stabilized by an algorithm.  On June 3, Japan’s parliament passed a bill to ban stablecoin issuance by non-banking Read More

Binance Futures delists coin-margined LUNA perpetual contracts

CoinTelegraph

Amid the collapsing Terra network’s cryptocurrencies Luna (LUNA) and TerraUSD (UST), crypto exchange Binance continues deactivating related trading services. Binance’s derivatives arm Binance Futures has delisted coin-margined LUNA perpetual contracts, the firm officially announced on Thursday. “Users are advised to Read More

21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge

CoinTelegraph

21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), is launching a new ETP tracking a mix of Bitcoin (BTC) and gold. The Switzerland-based firm on Wednesday announced the launch of the 21Shares ByteTree BOLD ETP (BOLD), a new product aiming Read More

Noncustodial Bitcoin wallets unbannable, says exec behind Trezor wallets

CoinTelegraph

As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a potential ban of noncustodial wallets. Stepan Uherik, the chief financial officer of SatoshiLabs, the firm behind the Read More