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One of Italy’s Largest Bank Buys $1M Worth of Bitcoin: Report
Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.
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Middle East-Based Sigma Capital Unveils $100M Fund to Accelerate Web3 Innovations
The fund will focus on DeFi, tokenization, and blockchain infrastructure by managing a portfolio of liquid tokens
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Options Tied to BlackRock’s Bitcoin ETF Surge to Nearly 50% of Deribit’s BTC Open Interest in Two Months
Options linked to BlackRock’s spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit’s BTC options market.
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Company Behind Illicit $24B Telegram Marketplaces Launches Stablecoin
Huione’s stablecoin is “not restricted” by regulatory agencies.
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Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence
The debanking of Binance.US is Operation Chokepoint in action, said the exchange’s interim CEO Norman Reed.
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Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The Zug and Singapore-based lender closed the oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures
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Is Bitcoin Bottom In? BTC’s Price Action is Inverse of December Peak Above $108K
BTC’s latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.
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Sony’s Layer-2 Blockchain “Soneium” Goes Live
The 78-year-old technology giant is the latest big name company to release a blockchain using Optimism’s OP Stack.
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MoonPay Buys Crypto Payment Processor Helio for $175M
MoonPay’s acquisition of Helio is reportedly valued at $175 million.
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U.S. Judges Demand SEC ‘Explain Itself’ for Rebuffing Requests for Crypto Rules
In another 11th-hour court loss for Chair Gary Gensler’s tenure, judges in a Coinbase case again call the SEC’s crypto position “arbitrary and capricious.”