Bitcoin (BTC) mining revenues hit $3.7 billion in the fourth quarter of 2024, a 42% increase from the prior quarter, and are approaching similar levels of around $3.6 billion in Q1 2025, according to data from Coin Metrics. The revenue uptick suggests miners’ incomes are stabilizing after the Bitcoin network’s “halving” in April 2024 reduced…
Key Takeaways Ripple agreed to a settlement with the SEC, paying a $50M fine. The SEC will request lifting of the injunction that required Ripple to register future securities. Share this article Ripple and the SEC reached a settlement today, with Ripple agreeing to pay a reduced fine of $50 million — down from the…
Cboe BZX Exchange, a US securities exchange, has requested permission to list a proposed Fidelity exchange-traded fund (ETF) holding Solana (SOL), according to March 25 filings. The request now sits with the US Securities and Exchange Commission, which must approve the filing before trading of the Fidelity Solana Fund can commence on the exchange. This…
US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. CME has begun integrating GCUL to improve capital market efficiency and wholesale payments, the company announced on March 25. CME Group Chairman and CEO Terry Duffy…
Key Takeaways World Liberty Financial will launch USD1, a stablecoin backed by US treasuries and cash equivalents. USD1 will be minted on Ethereum and Binance Smart Chain, with reserves audited and held by BitGo. Share this article World Liberty Financial, the DeFi project inspired by President Donald Trump, on Tuesday confirmed its plans to roll…
Since US President Donald Trump’s inauguration on Jan. 20, Bitcoin (BTC) has swung from a record high of $109,000 to below $78,000 as major tariff announcements from the US and retaliatory moves from trade partners shaved off chunks of cryptocurrency market value and rattled global markets. “The back-and-forth on tariffs, with Trump sometimes tough and…
Key Takeaways BlackRock has expanded its tokenized treasury fund to Solana, making it the seventh blockchain platform for BUIDL. The BlackRock USD Institutional Digital Fund has amassed $1.7 billion and expects to exceed $2 billion soon. Share this article BlackRock, overseeing $11.6 trillion in client assets, is bringing its tokenized treasury fund, the BlackRock USD…
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The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months. On March 24, the Movement Network Foundation said it recovered about $38 million in assets from a market maker tasked with providing liquidity on buy and sell orders…
Members of Arbitrum’s decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency. On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst…
