Author: CryptoPress

Binance completed a $100.7 million Bitcoin purchase, marking the start of a $1 billion asset conversion for its SAFU fund. The exchange plans to shift its entire emergency reserve from stablecoins to Bitcoin over the next 30 days. On-chain data confirms the acquisition of 1,315 BTC as the asset traded near $77,000. Binance has officially launched its strategic transition to a Bitcoin-heavy reserve for its Secure Asset Fund for Users...

The U.S. House of Representatives voted 217-214 to pass a $1.2 trillion funding package, ending a partial government shutdown that began on Feb. 1. The legislation restores funding to major federal agencies, including the SEC and CFTC, through Sept. 30, though the Department of Homeland Security (DHS) only received a short-term extension. The shutdown had temporarily halted regulatory progress on crypto frameworks, stablecoin rules, and...

Lido Finance has officially launched stVaults on the Ethereum mainnet, marking a strategic shift from a monolithic product to modular staking infrastructure. The new framework enables developers and institutions to create bespoke staking environments with customizable node operators and fee structures. Early adopters and launch partners include Nansen, Linea, and institutional operators like Chorus One and Everstake. Following the...

Hyperliquid is introducing “Outcome Trading” through the HIP-4 upgrade, which is currently active on the protocol’s testnet. The new primitive supports fully collateralized contracts for prediction markets and bounded options without the need for leverage or the risk of liquidations. Markets will be denominated in the native USDH stablecoin and utilize the HyperCore engine for high-performance settlement. Hyperliquid, the...