Trend Research quietly becomes one of Ethereum’s largest whales with 46K ETH buy

Trend Research quietly becomes one of Ethereum’s largest whales with 46K ETH buy

Trend Research’s 46,379 ETH purchase vaults the private company into the top tier of ETH treasuries, behind only SharpLink Gaming and BitMine Immersion Technologies. Trend Research purchased 46,379 Ether (ETH) on Wednesday to raise its holdings to about 580,000 ETH, making it larger than most public Ethereum treasuries tracked by CoinGecko. Only two listed companies,…

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Standard Chartered, Coinbase deepen alliance to build institutional crypto infrastructure

Standard Chartered, Coinbase deepen alliance to build institutional crypto infrastructure

Standard Chartered and Coinbase are expanding their partnership to develop trading, custody and financing services aimed at institutional crypto clients. Standard Chartered and Coinbase have expanded their partnership to build crypto infrastructure for institutional clients. As part of the partnership, the duo will explore offerings across trading, prime services, custody, staking and lending, the British…

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Deutsche Börse joins Kraken in ambitious push to unify digital markets

Deutsche Börse joins Kraken in ambitious push to unify digital markets

Kraken and Deutsche Börse plan to connect foreign exchange, tokenized stocks and Eurex derivatives in a phased rollout targeting institutional clients. Deutsche Börse Group, a global exchange organization, has entered into a strategic partnership with the US crypto exchange Kraken with a mission of bridging traditional and digital markets. Kraken and Deutsche Börse are joining…

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MEV driving institutions away from DeFi, costing users dearly: Crypto exec

MEV driving institutions away from DeFi, costing users dearly: Crypto exec

Broadcasting transactions before they are executed imposes a “hidden tax” on retail crypto users while alienating financial institutions. Maximal extractable value (MEV), the process of miners or validators reordering transactions in a block to extract profits, is preventing financial institutions from adopting decentralized finance (DeFi), which hurts retail users, according to Aditya Palepu, CEO of…

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