Crypto News

Wisdomtree has officially launched its own stablecoin, USDW, as part of a broader strategy to establish a full-stack stablecoin business catering to both retail and institutional users. USDW, a U.S. dollar-backed stablecoin designed for transactions, is complemented by WTGXX, a tokenized U.S. government money market fund aimed at providing yield. To enhance accessibility, Wisdomtree hasSource link

Need evidence of speculator fervor. Look no further than Coinglass' crypto derivatives leaderboard, which shows that fartcoin (FARTCOIN), the Solana-based memecoin, is now the 10th largest token based on derivatives open interest.As of writing, notional open interest in futures tied to fartcoin totaled over $1 billion, placing the joke cryptocurrency ahead of well-established coins, such as Litecoin (LTC), Chainlink's LINK (LINK), Avalanche's AVAX (AVAX), and several others. The other tokens play pivotal roles in decentralized finance (DeFi), blockchain oracles and payments. Notional open interest refers to the dollar value locked in the number of open or active derivative contracts at a given time. What's more alarming is that fartcoin's open interest now equals 65% of its market capitalization of $1.62...

GitHub now allows organizations to choose a 'Not set' option for Code Security features, offering more flexibility in security configurations. (Read More)Source link

The FBI has officially dropped its investigation into Kraken founder Jesse Powell and returned dozens of seized devices, including laptops and cellphones, according to Fortune. The investigation, which stemmed from a management dispute with a non-profit organization Powell founded, had no connection to his operations at the cryptocurrency exchange. Powell expressed relief over the conclusionSource link

CoinShares (CS) said it received a license under the European Union’s Markets in Crypto Assets (MiCA) regulation, the first crypto asset manager based in continental Europe to qualify.The approval allows the Saint Helier, Jersey-based firm to offer crypto portfolio management services across the 27-nation bloc under a single, harmonized regulatory framework. Operations are already passported to countries including Germany, the Netherlands and Luxembourg, and it may expand further, the company said.The license, granted by France’s Autorité des Marchés Financiers (AMF), joins CoinShares’ existing permissions under the EU’s MiFID and AIFM directives. That, the company says, makes it the only major European asset manager to hold all three credentials.It's a step the firm says could help open the 33 trillion euro...