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Ryan James Wedding, a former Olympic snowboarder accused of leading a cocaine trafficking network, faces U.S. sanctions from the Treasury’s OFAC for using Tether’s USDT stablecoin in money laundering operations. These measures target him, nine associates, and nine entities to disrupt his alleged criminal empire and freeze U.S. assets. U.S. sanctions hit Ryan Wedding’s network, […]
The government shutdown delayed the October jobs report, preventing data collection by the Bureau of Labor Statistics. This uncertainty influences Federal Reserve policy expectations, impacting cryptocurrency markets where traders adjust positions amid unclear economic signals from the labor sector. Key Impact: No standalone October payroll data means bundled release with November on December 16. The […]
The Safello Bittensor Staked TAO ETP is the world’s first exchange-traded product providing regulated access to Bittensor’s TAO token with staking rewards reinvested. Launched on the SIX Swiss Exchange, it allows European investors to gain exposure without managing blockchain operations, combining price appreciation and yields in a secure, USD-denominated format. Safello, a Nordic crypto exchange, […]
The 21Shares Solana ETF (TSOL) launched with over $100 million in assets under management, offering investors direct exposure to spot Solana (SOL) while staking holdings for network rewards. This marks the fifth SOL ETF in the U.S., highlighting growing interest amid market challenges. 21Shares Solana ETF debuts with $100 million AUM and a 0.21% fee, […]
The Naver Dunamu acquisition involves a full equity swap where Naver’s fintech arm will acquire Dunamu, parent of Korea’s leading crypto exchange Upbit, to expand into digital finance and launch a won-backed stablecoin. Board meetings are scheduled for next week to confirm details, potentially creating a tech-crypto powerhouse valued at trillions of won. Naver to […]
VeChain staking has reached a $7 billion total value locked through its Stargate program, with new tokenomics and upgraded staking mechanisms launching soon to enhance yields and drive ecosystem growth for $VET holders. VeChain’s Stargate initiative has locked $7 billion in $VET, urging early stakers to claim rewards ahead of the full December launch. The […]
Brookfield Asset Management has launched the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF) with Nvidia and the Kuwait Investment Authority, targeting $10 billion in equity for a $100 billion AI infrastructure buildout focused on compute and energy assets to support global AI growth. BAIIF secures $5 billion in initial commitments from Brookfield, Nvidia, and KIA. The […]
The 21Shares Solana ETF (TSOL) provides U.S. investors with direct exposure to the Solana blockchain through a regulated exchange-traded product on the CBOE, featuring staking for enhanced returns and a low 0.21% expense ratio, launched as the third major crypto ETP by 21Shares in the U.S. market. 21Shares Solana ETF (TSOL) launches on CBOE, tracking […]
New Hampshire’s Business Finance Authority has launched a pioneering $100 million municipal bond program allowing firms to borrow against Bitcoin holdings as collateral. Requiring 160% overcollateralization, this first-of-its-kind U.S. initiative supports public works projects while directing fees and potential gains to the state’s Bitcoin Economic Development Fund, fostering economic innovation without risking taxpayer funds. The […]