Crypto News
Fireblocks Adds Support for Sony’s Soneium, First Step in Provision of Custody Services
EMBARGO Feb 12 9 AM HK TIMEFireblocks, a provider of crypto custodian technology, said it added support for Sony's Soneium blockchain, an Ethereum layer-2 network that aims to bridge the conventional internet, or Web2, and the emerging, blockchain-based Web3.Fireblocks counts many large institutions among its clients, including large banks. Crypto custodians, which provide safe storage for digital assets, are essential for institutional adoption of digital assets because large capital allocators such as hedge funds or family offices require their use for insurance reasons.Support for Soneium, a joint venture between Sony and Singapore's Startale Labs, opens the door for the provision of custody services on the nascent blockchain, which started operations only in January and has just $33.6 million in total...
SEC Opens Public Comment on Four Solana ETFs in Next Step Toward Possible Approval
Fund issuers are rushing to capitalize on a newfound openness to crypto, though some have voiced reservations around meme coin ETFs.Source link
Stablecoin Supply Jumps by $17B Since Beginning of 2025
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that wereSource link
Crypto Industry Gets Chance to Make Its Case to U.S. Congress
The crypto industry got a chance to make a full-throated appeal for Congress to finally intervene and set legal standards for digital assets businesses in the U.S. during a hearing Tuesday in front of the House of Representatives subcommittee that focuses on digital assets.Under the Republican-led subcommittee's title "A Golden Age of Digital Assets," the industry representatives showed up in the hearing with momentum at all levels of the federal government, including from the White House, whose crypto czar was the one to first utter the "golden age" phrase. Just over two years after the devastation of collapsing crypto lenders and the criminal implosion of FTX in 2022, the industry has proven its sharp recovery with a slate of lawmakers...
How Ripple, Novogratz and MoonPay Helped Trump’s Solana Meme Coin Succeed
The first few days for President Donald Trump’s official meme coin could have been a lot different if not for a trio of crypto institutions.Source link