EToro (ETOR) has agreed to acquire crypto wallet provider Zengo as it brings self-custody tools into its trading platform in a deal estimated at around $70 million. The deal pairs eToro’s multi-asset investing network with Zengo’s non-custodial wallet, according to an announcement on Wednesday. A non-custodial wallet allows users to custody their own funds by
Federal Reserve official Austan Goolsbee, highlighting the impact of global geopolitical risks on monetary policy, said the Fed may begin interest rate cuts later than expected. He warned that interest rate cuts could be postponed until 2027, especially if a war with Iran were to keep oil prices permanently high. In a statement on Tuesday,
Switzerland’s Crypto Valley captured 47% of European blockchain venture funding in 2025, raising $728 million across 31 deals, according to an annual report released Wednesday by venture firm CV VC. Globally, blockchain venture funding rose 30% to $15.5 billion across 986 deals last year, while Crypto Valley’s total climbed 37% from $531 million in 2024,
Stablecoins are facing rising pressure as the yield debate exposes inefficiencies in idle capital. Firms like Wisdomtree Digital Assets are pointing to tokenized funds as a way to capture income without sacrificing liquidity. Key Takeaways: Wisdomtree says a regulated money market fund can match stablecoin liquidity while generating income. Stablecoins drive the yield debate as
Ripple’s first partnership with a major Korean insurer signals a key step toward building institutional-grade digital asset infrastructure. The collaboration with Kyobo Life centers on enabling regulated tokenized government bond transactions through Ripple Custody. Key Takeaways: Ripple secures a landmark partnership with Kyobo Life to test tokenized bond settlement. Kyobo Life becomes the first major
ECB chief economist Philip Lane warned the central bank could still raise interest rates if inflation’s impact lasts longer than expected, keeping tightening risks alive even after March’s pause. European Central Bank chief economist Philip Lane has warned that interest rates may yet rise if inflation in the euro area proves more persistent than policymakers
Austan Goolsbee has warned the Federal Reserve may need to keep interest rates on hold until 2027 if the Iran war keeps oil prices high and inflation stuck above target. Austan Goolsbee has warned the Federal Reserve may need to keep interest rates on hold until 2027 if the Iran war keeps oil prices high
Trump’s nominee for Federal Reserve chair, Kevin Warsh, has disclosed an equity stake in Bitcoin payments start-up Flashnet. The holding appeared in financial disclosure forms filed ahead of Warsh’s Senate confirmation hearing, which could begin as soon as this week but will most likely start next week. Flashnet positions itself as a lightning-style Bitcoin payment