Cryptocurrency exchange Bitget launched BGUSD, a stable asset certificate offering a 4% annual yield, backed by tokenized real-world assets (RWAs) including money market funds and U.S. Treasuries. New Bitget Stablecoin BGUSD Generates Yield from Tokenized Assets The product, announced on May 27, 2025, is redeemable for USDC at a 1:1 ratio and can be purchased […] Source CryptoX Portal
The world’s largest crypto exchange by trading volume is announcing upcoming support for an entertainment altcoin on its early-access platform. In a new announcement, Binance says it’s adding support for Sophon (SOPH), an interoperable layer-2 scaling solution made for the entertainment industry, on Binance Alpha, a feature of the Binance Wallet which launched in December 2024 that lets users discover emerging web3 projects before they gain mainstream popularity. “Binance is excited to announce that Sophon (SOPH) will open for trading on Binance Alpha starting 2025-05-28 13:00 (UTC). In addition, Binance…
The largest decentralized exchange (DEX) and liquidity protocol on the layer-1 blockchain Sui (SUI) is temporarily disabling its smart contracts following a major security breach. In a statement, Cetus Protocol confirms that a bad actor siphoned approximately $223 million worth of assets from the platform. The DEX says it has already taken measures to prevent further theft and secure the majority of the impacted funds. “$162M of the compromised funds have been successfully paused. We are working with the Sui Foundation and other ecosystem members right now on next-step solutions,…
The world’s largest crypto exchange by trading volume is adding support for an asset linked with President Donald Trump’s new decentralized finance project, World Liberty Financial (WLFI). In a new announcement, Binance says it will add support for the stablecoin World Liberty Financial USD (USD1), a dollar-pegged digital asset managed by the crypto asset manager BitGo. “Binance is excited to announce that World Liberty Financial USD (USD1) will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, and Binance Margin [on May 22nd].” USD1, which was designed to keep…
Kraken plans to list tokenized shares of Nvidia, Apple, Tesla and over 50 other U.S. stocks and exchange-traded funds (ETFs), the Wall Street Journal reported. The tokens, deployed on Solana , will be known under the name “xStocks” and will be available to trade 24/7 for investors all across the world. Some of the ETFs that will be available to trade include the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, and the SPDR Gold Shares (GLD). The stocks will be represented by real shares held by…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, Arthur Hayes gets real at Token2049. He lays out his huge Bitcoin bet, explaining exactly why he’s all in and even drops a pretty bold prediction after all the talk about Trump’s tariffs. We dig into whether Bitcoin can actually protect you during these kinds of global shake-ups. Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Mobile app: Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital…
Lbank announced on May 20 that it has temporarily suspended new user registrations from the United Arab Emirates to comply with regulatory requirements set by Dubai’s Virtual Assets Regulatory Authority. Existing UAE Users Face Service Restrictions Lbank, the British Virgin Islands-based cryptocurrency exchange, announced May 20 it has temporarily suspended new user registrations from the […] Source
May 21st, 2025 – VILNIUS, Lithuania BTCC, one of the world’s longest-serving cryptocurrency exchanges, today announces the appointment of Dan Liu as its new Chief Executive Officer. Liu, who previously served as Chief Research Officer at BTCC, brings extensive expertise in both traditional finance and cryptocurrency markets to his new role. As BTCC approaches its 14th anniversary in June, Dan Liu’s appointment as CEO marks a new chapter for the exchange. Under his leadership, BTCC aims to build upon its legacy as the world’s most established crypto exchange while pursuing…
Cryptocurrency exchange Crypto.com has obtained a Markets in Financial Instruments Directive (MiFID) license through its acquisition of Cyprus-based A.N. Allnew Investments Ltd, the operator of LegacyFX trading brand, the company announced today (Wednesday). The acquisition, approved by the Cyprus Securities and Exchange Commission (CySEC), allows Crypto.com to offer a broader range of traditional financial products to eligible users across the European Economic Area (EEA), including securities, derivatives, and contracts for difference (CFDs). Crypto.com Acquires Allnew Investments, Secures MiFID License for European Expansion The move follows Crypto.com’s January 2025 acquisition of…
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