Coinbase to Migrate Institutional Clients to Deribit on September 9
Coinbase will transfer International Exchange institutional accounts, balances and positions to Deribit on Sept. 9, with a short trading pause and an August 28 opt-out deadline
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Latest updates, press releases, and insights from the volatile world of digital assets.
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HashKey Exchange Secures JPMorgan Approval for Segregated Client Funds Account
Hong Kong’s leading licensed crypto platform gains a major U.S. bank channel for customer money segregation and dollar settlement services
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MiCA Costs and UK Rules Set to Drive Crypto Sector Consolidation Across Europe
Rising compliance burdens under full MiCA rules and incoming UK authorisation requirements are pushing smaller crypto firms toward mergers, sales or bank partnerships as scale becomes essential for survival
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Dutch Crypto Broker Knaken Declared Bankrupt With €7 Million Missing
A Rotterdam court has ruled Knaken Cryptohandel BV and its client foundation insolvent after €7 million in customer assets disappeared, affecting around 30,000 users who remain locked out of their accounts
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Hyperion DeFi Commits 500K HYPE to Hyperliquid Institutional Futures Markets
Hyperion DeFi has deployed 500,000 HYPE tokens worth around $33.6 million to support new perpetual futures markets on Hyperliquid through a partnership with Skew Technologies under the HIP-3 framework
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Vanguard Posts First Digital Assets Head Job in Strategy Shift
Vanguard, one of the world's largest asset managers, has created a new senior role focused on digital assets, marking a change in its approach to cryptocurrency and blockchain-related areas after years of limited involvement
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UK Wealth Advisors Lose Sight of Half Their Clients' Crypto Holdings
A CoinShares survey shows that 52% of UK wealth advisors report most client crypto assets remain outside their oversight, driven primarily by firm policies rather than lack of demand or knowledge
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Base Beryl Upgrade Brings B20 Token Standard and Faster Withdrawals on June 25
Base, Coinbase's Ethereum Layer 2 network, is rolling out the Beryl upgrade to mainnet on June 25, introducing the new B20 token standard for efficient token issuance, cutting withdrawal times from seven to five days, and deploying Reth V2 for improved performance
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Charles Schwab Launches SP 500 Prediction Markets to Challenge Kalshi and Polymarket
Charles Schwab is partnering with Cboe Global Markets to introduce binary-style options tied to S&P 500 closing levels, marking a major brokerage's entry into prediction-style trading and intensifying competition in the sector
- News
Ethereum Foundation Leadership Exodus Continues as Co-Director Steps Down
Hsiao-Wei Wang's departure from the Ethereum Foundation adds to recent high-profile exits, raising questions about the organization's direction amid ongoing decentralization efforts and funding challenges for core development
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