Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral
Morgan Stanley announced on June 5 that eligible wealth management clients can now lend Bitcoin, Ethereum, or Solana to Galaxy Digital and receive shares of spot crypto exchange-traded products in return. Galaxy will coordinate an in-kind creation with an authorized participant, then deliver ETP shares directly into the client's chosen account. Onboarding ti...
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Trump’s family crypto feud spills into customer accounts after wallet freeze
Crypto exchange HTX will permanently remove President Donald Trump-backed World Liberty Financial’s fiat-backed USD1 stablecoin from its trading platform. Beginning June 7, the digital asset exchange said it will systematically convert all eligible retail customer balances of the USD1 token into Tether (USDT) at a strict one-to-one valuation. This interventi...
CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets
Monarq and DV Chain kick off trading in CME's bitcoin volatility index futures....
Zcash bounces 45% as developers propose new Ironwood upgrade
The plan would let anyone verify that no counterfeit coins are circulating, addressing the patched bug that triggered last week's crash. ZEC is still down about 22% on the week....