Russians move $129B in crypto yearly ‘outside our attention’: Official
Russia’s deputy finance minister says around 50 billion rubles worth of crypto changes hands daily, calling for crypto market regulation.
Bitcoin down 22%, could it be the worst Q1 since 2018?
If Bitcoin posts a loss at the end of this month, it will also mark Bitcoin’s first time ending both January and February in the red.
Aave founder pitches $50T ‘abundance asset’ boom to drive DeFi
Aave Labs CEO Stani Kulechov said onchain lending could help accelerate the development of solar, energy storage, robotics by putting money behind “future-proof” assets.
Strategy to equitize convertible debt over 3-6 years: Saylor
The world’s largest DAT plans to convert $6 billion in bond debt to equity, claiming that it could survive an 88% Bitcoin crash.
Grayscale seeks to convert Aave trust into ETF on NYSE Arca
Grayscale joins Bitwise in filing to launch a standalone Aave product in the US, betting that Wall Street has retained its appetite for altcoins.
Solution worse than problem? Adam Back opposes BIP-110 Ordinals fix
Blockstream’s Adam Back said BIP-110 could be used to freeze user funds, but the proposal’s creator argues that safeguards are in place to prevent that.
TradFi giant Apollo enters crypto lending arena via Morpho deal
The $940 billion asset manager will collaborate on DeFi lending infrastructure and could acquire up to 90 million MORPHO tokens.
CZ says lack of onchain privacy is holding back crypto payments
Transparency, which is a hallmark feature of most cryptocurrencies, is likely one of the biggest hurdles to mass adoption, the Binance founder said.
Michael Saylor signals another Bitcoin buy amid market rout
The purchase will mark week 12 of consecutive buys by Strategy, which continues accumulating BTC despite a sharp decline in the company’s stock price.
Mirae Asset agrees to buy 92% stake in Korean exchange Korbit for $93M
Mirae Asset Consulting agreed to acquire a 92.06% controlling stake in South Korean crypto exchange Korbit for about $93 million in cash.