The latest application for a spot Bitcoin (BTC) exchange-traded fund (ETF) by international investing giant VanEck has been postponed by the Securities and Exchange Commission (SEC). For some time now, the company has been attempting to obtain approval for what will be the first spot Bitcoin ETF in the U.

A recent report has confirmed that Circle is paying interest to Coinbase and potentially other companies in exchange for holding funds in USDC. The information was released in Coinbase’s Q2 shareholder letter: “Interest income was $33 million, up 211% compared to Q1. The increase was primarily driven by our

USDT issuer Tether Holdings Limited announced information from an independent attestation about the company’s performance over the preceding quarter. Tether’s assets were evaluated by renowned accounting firm BDO Italia, as of June 30th, 2022. Tether had previously stated that it would reduce its commercial paper holdings by the

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

Monochrome Bitcoin Fund is scheduled to launch a spot Bitcoin ETF in Australia with unique regulatory approval according to the Financial Standard. The fund's custodial partner, Vasco Trustees, received the required license and additional accreditation from the Australian Financial Services (AFS) through the Australian Securities and Investments Commission

Coinbase ($COIN:Nasdaq), the most popular exchange in the U.S. for cryptocurrencies, has once again missed the mark. The exchange reported a record $1.1 billion second-quarter loss and lower-than-expected revenue. While still licking its wounds from its failure to launch a NFT Marketplace similar to OpenSea, Coinbase revealed

BlackRock has launched a new investment product that provides U.S. institutional clients access to a spot Bitcoin private trust which will track the performance of Bitcoin, minus general expenses and liabilities of the trust according to a report issued by BlackRock. BlackRock mentions that their clients are still showing

Volatility within the markets is still causing strain among cryptocurrency lenders and borrowing platforms like Hodlnaut. The Singapore-based company recently announced that all withdrawals, swaps, and deposits are currently suspended until further notice. Hodlnaut was founded in 2019 and claims to have over $250 million in assets under management along