Crypto News
Coinbase Files Paperwork To List Solana, Hedera Futures
Coinbase Derivatives, a subsidiary of the crypto exchange, has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana (SOL) and Hedera (HBAR) futures. The exchange plans to launch the product on Feb 18., with new contracts being cash-settled on a monthly basis, according to the filing.The contract size for the Solana futures would be 100 SOL, currently worth roughly $24,000, if approved. It would also offer "nano" Solana contracts with five SOL. Hedera futures would be sized at 5,000 tokens. The move comes after several players in crypto have taken steps to launch new products following the inauguration of crypto-friendly President Donald Trump. Just last week, futures and options exchange CME accidentally posted the futures page for...
Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks
San Salvador — Tether, the crypto company behind the largest stablecoin, is introducing its $140 billion USDT token to Bitcoin — the blockchain that underpins the largest and oldest cryptocurrency — and Bitcoin-based scaling service Lightning Network, the company said on Thursday.Announced at the Plan B conference in San Salvador, Tether CEO Paolo Ardoino said that bringing USDT to Bitcoin and Lightning aims to offer "practical solutions for remittances, payments, and other financial applications that demand both speed and reliability.”Stablecoins are a $200 billion digital asset class with their prices anchored to an external asset, predominantly the U.S. dollar. They serve as a bridge between government-issued money and blockchain-based digital assets, and are increasingly popular for everyday uses like payments,...
Tether’s USDT Is Coming to Bitcoin and the Lightning Network
The largest stablecoin is integrating with the Bitcoin network, Tether Paolo Ardoino announced at a Bitcoin conference in El Salvador.Source link
Securitize Partners With Apollo to Offer Blockchain-Based Credit Fund Access
Apollo Global Management and Securitize have launched a tokenized feeder fund enabling blockchain-based access to Apollo’s $2.4 billion Diversified Credit Fund across six blockchain networks. Apollo, Securitize Launch Tokenized Credit Fund Across Six Blockchains The Apollo Diversified Credit Securitize Fund (ACRED) will provide exposure to Apollo’s global credit strategy, which includes corporate direct lending andSource link
Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations
Memecoin generator Pump.fun was hit with another proposed class action lawsuit on Thursday, accusing the company and its executives of raking in nearly $500 million in fees while violating U.S. securities laws.The suit, filed in the Southern District of New York (SDNY), hinges on the crypto industry’s biggest lingering question — when is a token a security? Though the suit alleges that every token created using Pump.fun’s platform is a security, and thus subject to U.S. securities laws, that’s far from a matter of settled law. Under the new Donald Trump Administration, the U.S. Securities and Exchange Commission (SEC) has indicated it's changing tack on crypto regulation, creating a new crypto task force charged with establishing a clear regulatory framework for...