Tag: News
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...
US House passes $1.2 trillion funding bill to end partial government shutdown
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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 launches ‘stVaults’ on mainnet, shifting to modular staking infrastructure
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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...
xAI Opens Crypto Expert Role Amid $1.25 Trillion SpaceX Merger
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xAI has posted a job listing for a crypto finance expert to train its AI models on quantitative finance, on-chain analysis, and market microstructure.
The hiring comes as xAI completes its merger with SpaceX, creating a combined company valued at approximately $1.25 trillion ahead of a potential IPO.
The integration seeks to build space-based data centers, potentially reducing costs for AI compute through orbital...
Hyperliquid moves into prediction markets with HIP-4 ‘Outcome Trading’
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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...


