Crypto News
Hong Kong’s Composite Interest Rate Sees Slight Decline in April 2025
The Hong Kong Monetary Authority reported a decrease in the composite interest rate to 2.02% at the end of April 2025, reflecting reduced weighted funding costs for deposits. (Read More)Source link
Major Crypto Firms Spending Millions on Personal Security
Coinbase, Circle, and Robinhood are spending millions to ensure the security of their top executives as crypto becomes mainstream and criminals begin targeting crypto millionaires. The recent wave of kidnappings in France has heightened the interest of crypto holders in personal security options. Crypto Firms Increase Personal Security Spending Amid Kidnapping Wave The cryptocurrency ecosystemSource link
Solana Treasury Company DeFi Development Corp. Partners With BONK Memecoin to Launch Validator Node
DeFi Development Corp. (Nasdaq: DFDV), a public company with a crypto treasury strategy focused on accumulating solana ( SOL), has announced a strategic partnership with BONK, a popular community memecoin in the Solana ecosystem. As part of the collaboration, the two entities will jointly operate and manage a validator node, with both contributing to theSource link
U.S. 30-Year Treasury Yield Breaches 5% Amid Moody’s Rating Downgrade, Fiscal Concerns
The yield on the U.S. 30-year treasury bills crossed the 5% threshold for the first time since April, reaching an intraday high of 5.011%. This move comes in the wake of Moody’s downgrading U.S. credit, stripping the country of Aaa rating due to mounting deficits and escalating interest expenses.The last time the long end of the yield curve reached 5% was on April 9, during the so-called "tariff tantrum," which triggered sharp sell-offs in both crypto and U.S. equity markets. At that time, bitcoin (BTC) was hovering near its local low of around $75,000. It has since rebounded strongly, currently trading around $103,000 after hitting a Sunday high of $106,000.“The last time the 30-year closed at or above 5% (at...
Ethereum’s Pectra Update: What Comes Next for Blockchain Builders
Following Ethereum's Pectra update, developers face new opportunities and challenges. Key changes include enhanced smart accounts and data efficiency, with PeerDAS expected to significantly impact future developments. (Read More)Source link