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eToro Acquires Zengo for $70 Million, Boosting Digital Asset Strategy
Digital brokerage eToro buys crypto wallet provider Zengo for $70M, enhancing its digital asset offerings and integrating traditional finance with on-chain infrastructure.
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Fireblocks Launches 'Earn' for Institutional Stablecoin Yield
Fireblocks introduces 'Earn,' enabling institutional clients to generate yield on idle stablecoin balances via on-chain lending protocols like Aave and Morpho.
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Pakistan Opens Banking Doors to Licensed Crypto Firms
Pakistan's central bank now permits banks to serve licensed virtual asset providers, ending an eight-year ban and establishing a new regulatory framework for digital assets.
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OKX Launches X-Perps Derivatives Across Europe, Expanding Regulated Offerings
Crypto exchange OKX introduces X-Perps, a new derivatives product, across the European Economic Area, enhancing its regulated offerings under MiFID compliance for retail and institutional traders.
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Bitcoin ETFs See $412M Inflow Surge as Goldman Sachs Files for BTC ETF
US spot Bitcoin ETFs experienced significant inflows totaling $411.5 million. Goldman Sachs' filing for a Bitcoin ETF signals growing institutional interest in the crypto market.
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Pakistan Central Bank Reverses Crypto Account Ban, Opens Doors for Licensed Providers
State Bank of Pakistan now allows banks to open accounts for licensed virtual asset service providers, reversing a 2018 ban to foster regulated innovation.
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Ethereum Foundation Launches $1M Program to Subsidize Crypto Security Audits
The Ethereum Foundation introduces a $1 million subsidy program to make smart contract security audits more accessible, enhancing crypto security and reducing costs for developers.
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X Launches Smart Cashtags, Integrating Finance into Social Feed
X introduces smart cashtags in the US and Canada, allowing users to view stock and crypto data directly in the app, signaling a move towards an 'everything app'.