Advertisement

CeFi

Backpack Adds Micron and SanDisk Shares as Margin Collateral
CeFi

Backpack Adds Micron and SanDisk Shares as Margin Collateral

The exchange also introduced 24/7 perpetual futures on MU, SNDK, SPY and QQQ, but its post did not specify key collateral and liquidation terms.
YUBIT Secures FSC Mauritius License, Strengthening Its Bridge Between Crypto and TradFi
CeFi

YUBIT Secures FSC Mauritius License, Strengthening Its Bridge Between Crypto and TradFi

YUBIT has secured a Full Service Investment Dealer License from the Financial Services Commission (FSC) of Mauritius, reinforcing the regulatory framework behind a platform that gives traders access to more than 1,000 crypto and traditional markets from a single account.
Strategy Restarts Bitcoin Buying With $370 Million Purchase
CeFi

Strategy Restarts Bitcoin Buying With $370 Million Purchase

The company funded 4,603 BTC entirely with MSTR share-sale proceeds, leaving its $5.10 billion USD Reserve untouched for preferred dividends and debt interest.
Zoomex Launches TradFi Zone Upgrade With 80% Fee Discount Early Bird Campaign
CeFi

Zoomex Launches TradFi Zone Upgrade With 80% Fee Discount Early Bird Campaign

Zoomex, a global cryptocurrency derivatives exchange, has rolled out a major upgrade to its TradFi Zone, consolidating Stock Contracts, Commodity Contracts, and Stock Tokens into a single, streamlined destination on the platform.
Coinbase and Better Take Bitcoin-Backed Mortgages Beyond the Waitlist
CeFi

Coinbase and Better Take Bitcoin-Backed Mortgages Beyond the Waitlist

The product pairs a conventional home loan with a separate downpayment loan secured by pledged bitcoin and a second lien on the property.
Tether Clears First Full Audit From KPMG Without Publishing the Statements
CeFi

Tether Clears First Full Audit From KPMG Without Publishing the Statements

The Big Four firm issued an unqualified opinion on 2025 accounts for Tether's El Salvador issuing entity. The work was done to AICPA standards rather than the PCAOB standards the GENIUS Act sets for licensed U.S. issuers, and Tether has released neither the statements nor the opinion letter.
BitGo CFO to Exit as Q2 Net Loss Hits $19 Million
CeFi

BitGo CFO to Exit as Q2 Net Loss Hits $19 Million

Revenue jumped 80%, but trading and staking margins weakened as BitGo targeted $15 million in annualized savings following June layoffs.
Bitwise Cuts 14% of Staff as Client Assets Fall to $9 Billion
CeFi

Bitwise Cuts 14% of Staff as Client Assets Fall to $9 Billion

The crypto asset manager reduced headcount to about 155 from 180, while its BITW index fund ended June with $532.8 million in net assets, down from $1.03 billion at year-end.
eToro to Buy US Brokerage TradeZero for Up to $231M as Crypto Revenue Shrinks
CeFi

eToro to Buy US Brokerage TradeZero for Up to $231M as Crypto Revenue Shrinks

The purchase, eToro's third acquisition signed this year, is not expected to close until the first half of 2027 and needs regulatory approvals for a broker-dealer whose chief executive settled SEC charges in 2022.
New Market Trading Names Ajdin Kahrović Chief Technology Officer
CeFi

New Market Trading Names Ajdin Kahrović Chief Technology Officer

New Market Trading has named Ajdin Kahrović as Chief Technology Officer on the same day the onchain wealth management firm opened publicly to new clients. Kahrović previously architected defi.app and will lead all engineering, the technical roadmap, and platform security.