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594 stories · all sources

NewsBTC

Binance.US Seeks $100 Million Funding Round At $1 Billion Valuation

TL;DR: Binance.US is reportedly seeking up to $100 million from private investors at a proposed valuation of approximately $1 billion. The financing discussions come as the American exchange attempts to rebuild after several difficult years. Binance.US is reportedly pursuing a…

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Arbitrum Courts European Investors Managing €800 Billion With New Revenue Pitch

TL;DR: Arbitrum representatives have presented the network’s infrastructure and revenue model to European financial institutions managing substantial assets. The meetings should not be confused with confirmed investment commitments to ARB. Arbitrum is increasingly pitching itself as a blockchain infrastructure business…

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Grayscale Opens DeFi And AI Crypto Funds To Investors With Just $2,500

TL;DR: Grayscale and investment platform Republic are offering three specialised crypto funds with minimum commitments starting at $2,500. The products remain restricted to eligible accredited investors. Grayscale is opening another route into sector-specific cryptocurrency investing, reducing the minimum commitment for…

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Deutsche Bank Nears Bitcoin Custody Launch As Crypto Push Expands Beyond Europe

TL;DR: Deutsche Bank is preparing to introduce institutional digital asset custody services, initially targeting professional clients in Germany. The planned platform is part of a wider effort to connect cryptocurrencies and tokenized assets to established banking infrastructure. Deutsche Bank is…

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Binance bStocks Hits $1 Billion As Tokenized Stock Trading Accelerates

TL;DR: Binance says its bStocks tokenized-equity offering has surpassed $1 billion in assets under management, four months after launch. The milestone illustrates growing interest in trading blockchain-based representations of traditional shares. Binance says its bStocks platform has crossed $1 billion…

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Bitcoin ETFs Lose $82 Million As BlackRock Leads Friday’s Withdrawals

TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71.8 million of withdrawals, with Fidelity’s FBTC recording about $10.6 million. BlackRock’s flagship spot Bitcoin ETF accounted for most of the…

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Circle Targets 40 New Markets As USDC Push Moves Beyond Crypto Trading

TL;DR: Circle plans to expand USDC infrastructure into approximately 40 developing and emerging markets. The company is targeting international payments and access to digital dollars rather than relying solely on cryptocurrency exchange demand. Circle is looking well beyond cryptocurrency trading…

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Judge Rejects Gemini And CFTC Bid To Overturn $5 Million Settlement

TL;DR: A federal judge has rejected a joint attempt by Gemini and the Commodity Futures Trading Commission to overturn the exchange’s $5 million settlement. The decision leaves the existing judgment in place despite the regulator’s changed approach to cryptocurrency enforcement.…