CeFi
Centralized Finance, financial firms with centralized teams, closed entities and custodied funds, which transact with digital assets and offer services to the blockchain industry.
Top Stories
Strategy Sells 1,638 Bitcoin for $105M, Splits Proceeds Between Dividends and STRC Buyback
The company raised its USD Reserve to $4.0 billion from $3.0 billion three weeks earlier, funding the increase with $250 million from the sale of 3,011,361 MSTR shares.
Coinbase Says Revenue From Its Base Layer 2 Fell Despite Record Volume
Coinbase's Q2 filings show sequencer revenue from Base declined even as stablecoin transaction volume on the network grew sevenfold year-over-year.
Recent articles
Strategy Sells 1,638 Bitcoin for $105M, Splits Proceeds Between Dividends and STRC Buyback
The company raised its USD Reserve to $4.0 billion from $3.0 billion three weeks earlier, funding the increase with $250 million from the sale of 3,011,361 MSTR shares.
Coinbase Says Revenue From Its Base Layer 2 Fell Despite Record Volume
Coinbase's Q2 filings show sequencer revenue from Base declined even as stablecoin transaction volume on the network grew sevenfold year-over-year.
Ready Shuts Card Program After Issuer Kulipa's Sudden Wind-Down
Self-custodial wallet says user funds are untouched as the collapse of a shared card issuer knocks out Ready, Solflare and other crypto card programs overnight.
Magic Labs Sells Wallet Business to Kraken Parent Payward
The embedded-wallet pioneer is rebranding as Newton Labs to focus on an onchain authorization layer that vets transactions against policy before they settle.
BitMart to Wind Down Exchange, End Trading by Aug. 26
The exchange gave no specific reason for the closure, and its BMX token fell about 59% in 24 hours after the announcement.
BitMEX, Hayes Sued Over 623 BTC Liquidation Claims as Exchange Winds Down
A proposed class action landed in New York federal court the same day BitMEX announced it will close on Sept. 23, reviving allegations the exchange pocketed customer collateral.good job I as
BitMEX to Shut Down Exchange on Sept. 23, Urges Withdrawals
Owner HDR Global Trading blamed a strategic review; users have until an Aug. 26 risk-limit cutover before positions get force-closed.
Strategy Sells $263.5M in MSTR Shares, Skips Bitcoin Again
The bitcoin treasury company lifted its cash reserve to a $3.225 billion as its 843,775 BTC stack sits about $9 billion underwater.
OKX Launches Tokenized US Stocks on Shared Order Book
The exchange routes every issuer's version of a stock into one market backed by Backed Assets' xStocks, and bars US and EU traders.
Coinbase Matches Robinhood's 7% Yield With a Different Design
Robinhood pays only the gap between organic yield and a 7% target for a year; Coinbase pays market rate plus token rewards with no ceiling and no end date.