Author: James Wilson

LTP has obtained five key licenses from the Hong Kong Securities and Futures Commission, positioning itself as a regulated leader in the industry. The licenses, granted to its Hong Kong subsidiary LiquidityTech Limited, cover a broad range of regulated activities.  With these approvals, LTP HK becomes the first virtual asset-focused prime brokerage licensed across multiple regulated activities. The licenses allow the firm to serve institutional clients, including proprietary trading firms, hedge funds, asset managers, and corporate investors. “Regulatory compliance is a fundamental pillar of our institutional prime brokerage services,” said Jack Yang, founder and CEO of LTP. “Being the first…

Michael Egorov, founder of Curve Finance, has introduced a new project called Yield Basis, designed to tackle impermanent loss in decentralized finance. According to The Block, which obtained a pitch deck, the project has successfully raised $5 million in funding at a token valuation of $50 million. Yield Basis aims to offer a solution for tokenized Bitcoin and Ether holders, helping them earn yield from market-making while reducing the risks associated with impermanent loss. The funding round, which was oversubscribed by 15x, raised $5 million in just two weeks. The funds were raised at a valuation of $50 million, with…

Reeve Collins, one of Tether’s original co-founders, plans to launch a stablecoin on Ethereum and Solana by the second half of 2025. Collins unveiled the Pi Protocol and its UPS stablecoin as a potential rival to Tether’s (USDT), a token that expanded upon his initial idea when he served as the company’s CEO. Unlike USDT and Circle’s USD coin (USDC), where issuers control all the proceeds, Collins’ Pi Protocol presents the new stablecoin as a yield-bearing asset. The token is expected to operate similarly to other emerging market players such as Ethena, using tokenized real-world assets to generate passive income.…

Norwegian authorities have indicted four individuals for their involvement in an extensive fraud and money laundering operation that deceived thousands of victims across multiple countries.  Økokrim, Norway’s economic crime unit, revealed that over 900 million kroner ($86–87 million) was funneled into the scheme, with more than 700 million kroner laundered through a Norwegian law firm and transferred to accounts in Asia. According to the indictment, victims were drawn into the scam through a multi-level marketing structure. Recruited by existing members, participants were persuaded to buy “product packages” that included the company’s proprietary cryptocurrency and shares. They were promised a stake…

Crypto custody firm BitGo has announced the launch of a global over-the-counter crypto trading desk that will feature spot and derivatives trading, among other products. BitGo’s OTC trading desk will provide an environment where institutional investors can trade spot and options, as well as access lending, yield generation, and custody services. The firm will offer more than 250 assets. The U.S.-based crypto custody provider revealed in a blog post that the OTC desk launches after operating in stealth mode since early 2024. During this period, the platform recorded billions in trading volume and a lending book that surpassed $150 million.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As PEPE struggles, Rexas Finance gains traction with its real-world asset tokenization, promising strong growth. Though the cryptocurrency market is erratic, some trends show us which initiatives are losing steam and are gaining momentum. Pepe coin (PEPE) had a fantastic run in February 2024, delivering over a 10x gain. Can it repeat that feat this month? Given PEPE’s effort to reclaim lost territory, the current price action suggests otherwise.  The latest market action of Pepe coin has been underwhelming.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new meme-inspired cryptocurrency is gaining traction, challenging Shiba Inu and Dogecoin for crypto dominance. Move over, Shiba Inu and Dogecoin. A new meme-inspired cryptocurrency is capturing attention and stirring excitement in the crypto world. This fresh contender is making waves with its rapid rise and unique approach. Discover how this newcomer is shaking up the market and why it might be poised to become the next big thing in digital currency. DOGEN surges 500%: Is this Solana’s next…

Defunct crypto exchange FTX will commence its next distribution on May 30, following the initial repayment that started this week. The FTX estate will continue its creditor reimbursement by mid-2025, with more payments scheduled to roll out on May 30, per the firm’s official bankruptcy updates. This distribution, the second of its kind, will focus on larger claims and single repayments exceeding $50,000. While the exact amount to be released remains unknown, creditors will likely receive billions in recovered cash and crypto. (2/3) FTX also announced the anticipated record date for the next distribution will be April 11, 2025 for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, a new altcoin at $0.006, is gaining traction for its potential to replicate Binance Coin’s rise. Binance Coin (BNB) has grown from a low-cost exchange token to one of the most valuable cryptocurrencies, leaving many investors wishing they had bought in early. However, opportunities for high-growth still exist. Lightchain AI, currently priced at $0.006, is gaining significant attention for its blend of AI and blockchain technology. With strong market interest and a growing presale, it could be…

On Feb. 18, 2025, during Hong Kong Bitcoin Tech Carnival, Google web3 specialist Kyle Song revealed that Google is working to simplify the use of Bitcoin for Google users. According to Song, Google is “exploring ways to lower entry barriers so Web2 users can easily use Bitcoin.” Song said the company has been working on the integration of Bitcoin into its ecosystem for about a year since Bitcoin ETFs were approved by the SEC. Details revealed by Song Judging from what Song said, Google is preparing a really simple in-use solution that will seamlessly integrate cryptocurrencies into the Google ecosystem…