Tag: Backs

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SEC Strategic Plan Backs Digital Assets, Blockchain Growth

The US Securities and Exchange Commission (SEC) has elevated digital assets to a strategic priority, calling for regulatory clarity around blockchain technology, tokenization and...

Coinbase (COIN) backs Ethena (ENA) ahead of savings product launch for 100 million users

Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it had backed Ethena (ENA), buying the protocol's token on the open market...

Michael Saylor backs STRC after strategy sells bitcoin to fund preferred dividends

Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy (MSTR) Executive Chairman Michael Saylor appeared to underscore the company's focus on its...

CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading

The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7...

Solana Co-founder Toly Backs New Perpetuals DEX to Challenge Hyperliquid’s Dominance

Anatoly Yakovenko argues Solana needs its own atomically composable perpetuals DEX as Hyperliquid pursues regulatory clarity in Washington.Solana co-founder Anatoly Yakovenko has publicly backed...

Coinbase (COIN) backs Hyperliquid (HYPE) stablecoin push as DeFi trading volumes climb

Coinbase (COIN) is expanding its presence on Hyperliquid (HYPE), one of crypto’s fastest-growing trading networks, by becoming the official treasury deployer of USDC on...

CFTC Backs Kalshi in Ohio Appeals Court Fight

The US Commodity Futures Trading Commission has backed Kalshi in the company’s legal fight against the state of Ohio, asking an appeals court to...

Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup

Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.)...

A16z Backs CFTC in Fight Against State Prediction Market Bans

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that...

Ethereum Bull Tom Lee Backs 3,000% ETH Upside Case

Fundstrat co-founder Tom Lee shared a "generational play" thesis for Ethereum that predicts 3,000% upside in Ether (ETH) price to $60,000.Key takeaways:ETH is testing...

Strike CEO Jack Mallers Announces Lending Proof-of-Reserves, Volatility-Proof Loans, And Backs Tether Merger Plan

Strike CEO Jack Mallers announced a series of product updates and strategic moves Wednesday, including the launch of lending proof-of-reserves, a new...

Czech Central Bank Chief Backs Bitcoin As 1% Investment

Czech National Bank Governor Aleš Michl used a Bitcoin industry stage in Las Vegas to defend a reserve strategy that mixes strict...