What Is Coinbase Offering US Institutions? Coinbase Financial Markets has begun offering U.S. institutional clients access to global crypto options and perpetual futures markets through a regulated futures commission merchant, expanding the company’s role in derivatives trading after its acquisition of Deribit. The launch gives eligible institutional clients connectivity to global crypto derivatives liquidity, including
Why Is Alex Mashinsky Challenging His Sentence? Alex Mashinsky, the former chief executive of collapsed crypto lender Celsius, has asked a New York court to vacate his 12-year sentence for fraud and market manipulation, months after he was sentenced in one of the largest criminal cases tied to the 2022 crypto credit collapse. In a
Why Is Jamie Dimon Opposing The Clarity Act? JPMorgan Chase CEO Jamie Dimon said banks will fight the Clarity Act in its current form, escalating a dispute between traditional finance and the crypto industry over how digital asset legislation should treat stablecoins, exchanges, and bank-like customer rewards. In an interview with Fox Business, Dimon said
Why Did Sui Stop Processing Blocks Again? Sui experienced a second major network disruption in less than 24 hours after issues tied to its latest 1.72 software release interrupted block production and forced validators to coordinate another fix. The layer-1 blockchain was offline for 5 hours and 55 minutes on Thursday after what the team
Why Is the CFTC Drawing a Line on 24/7 Markets? The U.S. Commodity Futures Trading Commission has warned derivatives exchanges and clearing firms that expanded 24/7 trading may not be suitable for every asset class, even as the agency shows greater comfort with around-the-clock crypto markets. The advisory was issued Friday, the same day the
Overview: Bitcoin is extending its weekly decline, with losses approaching 5% over the past several trading sessions as bearish sentiment continues to weigh on the market. The cryptocurrency is currently trading close to its April lows around the 73,000 level, reflecting growing selling pressure after its recent rejection from monthly highs near 82,500. The inability
OKX Ventures and Korea Investment & Securities are taking major stakes in Coinone as South Korea’s digital asset market moves toward a new phase shaped by regulated exchanges, security token offerings, stablecoins and institutional participation. The two investors will each commit KRW 80 billion, or approximately $53 million, and each will acquire a 19.6% stake
Why Is FalconX Testing The IPO Market Now? FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission, taking the first formal step toward a potential public listing even as crypto IPO momentum slows. The crypto prime broker has hired Cantor and other bankers to advise on the planned initial
Why Is Grayscale Seeking HYPE Tokens for Its ETF? Grayscale said it is negotiating to sell shares in its proposed Hyperliquid exchange-traded fund in exchange for about 2 million HYPE tokens, a potential seed investment worth roughly $115 million as of Thursday. The planned transaction would give the fund a large initial token base before
Key Facts Bybit will transition from bilateral (dual-counted) to unilateral (single-counted) open interest reporting, effective 11 June 2026. Displayed OI figures are expected to fall by approximately 50%, reflecting the change in counting method only — not any change in actual market activity. Traders’ positions, position limits, margin requirements, profit and loss calculations and risk