Fenbushi Capital Co-Founder Offers up to 20% of $42M to Recover Stolen Crypto Shen disclosed the theft publicly on Nov. 23, 2022, roughly two weeks after the breach occurred in the early morning hours of Nov. 10, 2022. The compromised wallet, ending in the digits 894, held the bulk of his personal digital assets. Fenbushi Capital, the Shanghai-based blockchain venture firm Shen co-founded, was not affected. The stolen assets included approximately $38.2 million in USDC, 1,607 ETH, roughly 720,000 USDT, and 4.13 BTC, along with smaller positions in tokens including…
Tag: Launches
Coinbase Launches Crypto Mortgage Product Tied to Fannie Mae
Crypto exchange Coinbase Global has launched a mortgage structure with Better Home & Finance that lets qualified borrowers pledge digital assets held in Coinbase accounts to fund down payments on standard conforming mortgages designed in accordance with Fannie Mae guidelines. According to Coinbase, the structure enables borrowers to pledge digital assets such as Bitcoin (BTC) or USDC (USDC) as collateral for a separate loan used to fund the down payment, while the primary mortgage remains a standard, Fannie Mae–backed loan. Better will originate and service the mortgages. When rolled out,…
Bitget Launches UEX Switch Campaign, Urges Users to Embrace More Trading Opportunities – Press release Bitcoin News
PRESS RELEASE. Victoria, Seychelles, March 25, 2026 – Bitget, the world’s first Universal Exchange (UEX), today launched the UEX Switch Campaign, a market-wide call to action for traders to move away from fragmented, single-asset platforms to a single account that captures opportunities across crypto and global markets. The campaign follows Bitget’s app upgrade, which places crypto and TradFi products alongside each other on the homepage thus reducing navigation steps by approximately 30% versus typical trading journeys. The campaign is anchored around one message: Switch to UEX, Switch to Bitget. Bitget…
Bitmine Launches MAVAN Ethereum Staking Platform for Institutions
Bitmine Immersion Technologies has launched MAVAN, an institutional-grade Ethereum staking platform that will run validator infrastructure for its own holdings and external clients. Staking involves locking up Ether to help validate transactions on the network in exchange for rewards. The rollout takes advantage of Bitmine’s position as the largest public company holder of Ether (ETH), with more than 3.1 million ETH already staked. MAVAN, or Made in America Validator Network, is the company’s proprietary Ethereum staking platform. The platform was initially developed to support Bitmine’s existing Ethereum treasury and is…
Tom Lee’s Bitmine Launches MAVAN, Instantly Becomes World’s Largest Ethereum Staking Platform – Crypto News Bitcoin News
U.S. Ethereum Staking Platform MAVAN Debuts Bitmine (NYSE American: BMNR) built MAVAN in-house to manage and generate yield on its expanding ETH treasury. At launch, the platform carries 3,142,643 ETH, valued at roughly $6.8 billion based on a price of $2,148 per coin as of 5:00 p.m. ET on March 24, 2026. Bitmine added 101,776 ETH, approximately $219 million, to MAVAN in the week before launch. The company plans to migrate nearly all of its remaining unstaked ETH holdings to the network in the coming weeks. Based on a recent…
CFTC Chief Launches Innovation Task Force to Reshape Crypto
Commodity Futures Trading Commission (CFTC) Chair Michael Selig officially launched the agency’s Innovation Task Force on Tuesday, appointing senior adviser Michael Passalacqua to lead a mandate focused on artificial intelligence, prediction markets, and digital asset derivatives like crypto. The initiative formalizes the regulator’s pivot toward “future-proofing” its oversight capabilities, signaling to market participants that the CFTC is moving beyond a purely reactive enforcement stance to establish a coherent structural framework for emerging asset classes. CFTC forms new innovation task force to shape crypto, artificial intelligence and prediction markets — unfolded.…
Solana Foundation Launches New AI-Ready Developer Platform for Global Financial Institutions – News Bytes Bitcoin News
The Solana Foundation announced the launch of the Solana Developer Platform (SDP) on March 24, 2026. This artificial intelligence (AI)-ready infrastructure aggregates best-in-class ecosystem tools into a unified interface, allowing institutions like Mastercard and Western Union to deploy tokenized assets and payment flows. The platform currently features live issuance and payment modules, with a dedicated trading module scheduled for release later in 2026. By integrating over 20 infrastructure partners, SDP simplifies complex blockchain operations such as KYC compliance and node management for professional jurisdictions. Current integrations include support for AI…
CFTC Launches Innovation Task Force With Crypto Focus at Center of Broader Regulatory Effort – Regulation Bitcoin News
CFTC Targets Emerging Tech Oversight Framework Regulatory priorities for emerging financial technologies advanced as the Commodity Futures Trading Commission (CFTC) announced on March 24 that Chairman Michael S. Selig has formed the Innovation Task Force. The effort focuses on oversight of novel products developing in U.S. derivatives markets. Operational design of the task force centers on building regulatory conditions for emerging technologies while coordinating policy input across advisory and federal channels. The agency stated: “The Innovation Task Force, in partnership with the Innovation Advisory Committee, will work with the Commission…
CFTC Chair Launches Innovation Task Force Focused on Crypto Framework
Chair Michael Selig said that the task force was an example of “future-proofing“ regulation at the Commodity Futures Trading Commission. The US Commodity Futures Trading Commission (CFTC) is looking to embrace innovation in its regulatory approach to crypto and blockchain with the launch of a new Innovation Task Force, according to a Tuesday notice. Chair Michael Selig said that the task force will work with the regulator’s Innovation Advisory Committee to create a framework focused on crypto, blockchain, AI, and prediction markets. The effort will be led by Michael Passalacqua,…
Moonpay Launches Open Wallet Standard to Unify AI Agent Payments – News Bytes Bitcoin News
On March 23, 2026, Moonpay launched the Open Wallet Standard (OWS), an open-source framework designed to solve fragmentation in the agent economy by allowing artificial intelligence (AI) agents to hold value and sign transactions without exposing private keys. The initiative arrives with backing from over 15 major organizations, including the Ethereum Foundation, Solana Foundation, and Paypal, and is currently available on Github, npm, and PyPI. The standard addresses a critical gap in machine-to-machine commerce by providing a unified encrypted vault that supports eight chain families, including Bitcoin, Ethereum, and Solana.…