OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.
Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto.
CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.”
ICE’s CEO said regulators need to create a “level playing field” for launching 24/7 onchain perps contracts, which are already trading on exchanges such as Hyperliquid.