Converge

Latest

Ether ETFs Pull $104M, Tripling Bitcoin's Weekly Inflows
Markets

Ether ETFs Pull $104M, Tripling Bitcoin's Weekly Inflows

BlackRock's ETHA absorbed $96 million while its bitcoin fund IBIT bled $95 million, the second straight week ether products out-drew their bitcoin counterparts.
Circle Buys IBM Blockchain Patent Portfolio
TradFi & Fintech

Circle Buys IBM Blockchain Patent Portfolio

The USDC issuer says the roughly 1,000-patent haul makes it the leading US blockchain patent holder, with financial terms undisclosed.
Magic Labs Sells Wallet Business to Kraken Parent Payward
CeFi

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.
Securitize Registers Capital Affiliate as SEC Investment Adviser
Regulation & Politics

Securitize Registers Capital Affiliate as SEC Investment Adviser

Securitize Capital's registration took effect July 22, SEC records show, adding an advisory license to the tokenization firm's U.S. regulatory lineup three weeks after its NYSE debut.
BitMart to Wind Down Exchange, End Trading by Aug. 26
CeFi

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.
Samsung Says Wallet Will Add Stablecoin Support
TradFi & Fintech

Samsung Says Wallet Will Add Stablecoin Support

The announcement at Galaxy Unpacked in London came with no timeline, issuers, or markets — but would put stablecoins on hundreds of millions of phones.
BitMEX, Hayes Sued Over 623 BTC Liquidation Claims as Exchange Winds Down
CeFi

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
OCC Denies Wise's US National Trust Bank Charter
TradFi & Fintech

OCC Denies Wise's US National Trust Bank Charter

The regulator cited money-laundering risk concerns in a rare rejection amid a wave of crypto charter approvals. Wise plans to refile under the GENIUS Act.
Ondo's Oasis Pro Markets Cleared to Offer Tokenized Stocks in US
TradFi & Fintech

Ondo's Oasis Pro Markets Cleared to Offer Tokenized Stocks in US

The tokenization firm said its broker-dealer subsidiary can now sell tokenized equities, ETFs and funds to American investors under SEC and FINRA oversight.
Uniswap Adds Permissioned Pools to Bring Regulated Assets to v4
DeFi

Uniswap Adds Permissioned Pools to Bring Regulated Assets to v4

The v4 hook enforces issuer allowlists onchain at the protocol level, with Superstate, Securitize, and Dowgo as launch partners.