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.
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Strike Launches Bitcoin Loans With No Price Liquidations
Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…
AscendEX Halts Operations, Freezes Automated Withdrawals
Crypto exchange AscendEX ceased operations effective July 1, 2026, and moved all withdrawal requests to manual review starting July 6, according to a notice posted on its website addressed to retail account holders.
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Strike Launches Bitcoin Loans With No Price Liquidations
Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…
AscendEX Halts Operations, Freezes Automated Withdrawals
Crypto exchange AscendEX ceased operations effective July 1, 2026, and moved all withdrawal requests to manual review starting July 6, according to a notice posted on its website addressed to retail account holders.
Tether's Former CIO Heathcote Plans to Sell Equity Stake
Richard Heathcote, who until earlier this year served as Tether Holdings SA's chief investment officer, is planning to sell a small stake in the stablecoin issuer, Bloomberg reported Monday, citing people familiar with the matter. Heathcote is working with investment bank PJT Partners to sell part…
Strategy Sells 3,588 Bitcoin for $216M to Fund Dividend Payments
Strategy sold 3,588 Bitcoin for $216 million to cover dividends on its Digital Credit securities, the company said in a post on its official X account Monday. The firm now holds 843,775 BTC in its BTC Reserves and $2.55 billion in its USD Reserves, as of July 5, 2026. The sale is the largest…
eToro Takes Strategic Stake in Onchain Derivatives Exchange Extended, Plans Zengo Tie-Up
eToro has become a strategic investor in Extended, an onchain perpetual futures exchange, and said the round begins a partnership with Zengo, the self-custody wallet eToro acquired earlier this year. Neither company disclosed the investment size.
Binance and Anchorage Digital Launch Off-Exchange Settlement for Institutional Traders
Binance and Anchorage Digital launched an off-exchange settlement integration on Tuesday, letting institutional traders access Binance's liquidity while keeping assets in Anchorage's custody through Atlas, Anchorage's settlement infrastructure suite.
OKX and Coinbase Race to Sign Up Binance's Displaced EU Users Before MiCA Deadline
OKX is offering EEA users deposit bonuses of up to 8% and Coinbase has launched a parallel transfer bonus for subscribers in eight European markets, as both licensed exchanges compete to capture users displaced by Binance's July 1 MiCA wind-down.
Kraken's xStocks Opens Bending Spoons IPO Registration to EEA Retail
Kraken's xStocks platform is opening non-binding interest registration for the Bending Spoons IPO to eligible customers in the EEA and select global markets, the tokenized equities infrastructure's second pre-IPO offering after a troubled SpaceX debut.
StablecoinX Begins Nasdaq Trading as First Public ENA Treasury Vehicle
StablecoinX Inc. (Nasdaq: USDE) began trading Friday after closing its SPAC merger with TLGY Acquisition Corp., becoming the first publicly listed company holding approximately 3.03 billion ENA tokens and building infrastructure for the Ethena ecosystem.
Kalshi Seeks $40B Valuation Seven Weeks After $22B Raise
Prediction-market operator Kalshi is in talks to raise fresh capital at a roughly $40 billion valuation, the Financial Times reported, nearly double the price tag from a $1 billion round that closed seven weeks ago at $22 billion.