VMS Group, a Hong Kong family office with just under $4 billion in assets under management (AUM), is venturing into crypto for the first time, Bloomberg reported on Monday. The firm has earmarked up to $10 million to investment strategies run by decentralized finance (DeFi) hedge fund Re7 Capital, partner Elton Cheung told the news […]

Ether (ETH) ETH is trading at $2,420, up 8.61% over the past 24 hours, after surging sharply in the hours following former U.S. President Donald Trump’s unexpected announcement of a ceasefire agreement between Israel and Iran, according to CoinDesk Research’s technical analysis model. The move appears to have reversed recent war-driven market anxiety, fueling renewed […]

Cipher Mining (CIFR) has begun bitcoin BTC production at its 300-megawatt (MW) Black Pearl facility in Texas, the company announced on Monday. The launch marks a key milestone for the firm, which now operates five active bitcoin mining data centers. Phase I of the site, currently running at 150 MW, has reached an initial hashrate […]

BNB saw a modest gain of 2% in the past 24 hours, pushing past $627 before settling with firm support at $616.55. The move comes as the BNB Chain, the blockchain tied to BNB, saw its daily transactions nearly double to 17.6 million since mid-May, according to data from DeFiLlama. Crypto markets have been jittery […]

Ever since President Donald Trump’s administration signaled favorable crypto regulations, banks, financial institutions and big fintech firms have been looking to bring funds on-chain, and seamlessly offer compliant access to decentralized finance (DeFi), according to blockchain development firm Alchemy. DeFi, traditionally a way for anonymous users to engage in a complex system of automated lending […]