Section
The latest crypto coverage from the TrustFinance editorial desk.
Bitcoin's price consolidated on Thursday, trading below recent highs as market participants focused on upcoming U.S. regulatory developments, including a key Senate vote on the Clarity Act scheduled for mid-September.
Special situations firm Echo Base has organized a committee of BitMart claimholders after the defunct crypto platform failed to respond to a proposal to fund an orderly bankruptcy. The group is now evaluating legal options to recover frozen customer assets.
Crypto market maker GSR has registered two entities with the Cayman Islands Monetary Authority, expanding its regulated services for trading and asset management in a strategic move to capitalize on the growing tokenized securities market.
Collateral markets platform Symbiotic has appointed Mahendran Nathan, a veteran of Société Générale Asset Management, as global head of onchain solutions to accelerate its push to attract institutional capital.
Bitcoin retreated from its recent highs, falling 1.4% as renewed U.S.-Iran military conflict and rising expectations for a Federal Reserve interest rate hike dampened investor risk appetite. The downturn follows a nearly 25% rally for the cryptocurrency in August.
The cryptocurrency exchange announced a significant expansion of its Shariah-compliant offerings, beginning with an initial 20 pairs, to cater to growing demand from Muslim traders.
The on-chain trading platform has introduced a campaign offering over $6.25 million in rewards to promote new perpetual contracts for tokenized real-world assets like gold and equities.
Silhouette has launched a request-for-quote (RFQ) system on the Hyperliquid network, enabling on-chain block trading for tokenized equities from xStocks. The new venue aims to provide liquidity for assets that lack dedicated order books.
Alkemya Metacore has raised $50 million in a pre-launch capital round for its tokenized equity offering on the Bitfinex Securities platform, aiming to commercialize its $1.64 billion inventory of high-purity nickel wire.
