Business

OKX has launched X-Perps, a MiFID-regulated perpetual-style derivatives product offering up to 10x leverage across ten trading pairs, available to retail and institutional traders across the European Economic Area.

Visa will operate critical blockchain infrastructure on Tempo, the Stripe-backed layer-1 network built for AI-driven payments, alongside Stripe itself and Standard Chartered's Zodia Custody.

The payments giant launched a platform on 9 April that lets artificial intelligence agents initiate purchases, handle tokenisation and enforce spend controls across its network of 150 million merchants.

A counterfeit Ledger Live application bypassed Apple's review process, stole seed phrases from more than 50 victims across five blockchains, and funnelled the proceeds through KuCoin deposit addresses before being removed.

The conditional charter for Coinbase National Trust Company would let the exchange offer institutional-grade digital asset custody under a single federal framework, joining Circle, Paxos and Fidelity in the first cohort of federally chartered crypto custodians.

Zaheer Ebtikar is shutting his two-year-old crypto fund and joining stablecoin startup Plasma as chief strategy officer, arguing that ETFs have made the hedge fund structure obsolete in digital assets.

Michael Saylor's company bought roughly 31 days of global mining output in a single week, paying $71,902 per coin through sales of its Stretch preferred stock without issuing a single common share.

The mutual termination, effective 8 April, ends what would have been the largest crypto-focused SPAC deal since 2021. Dynamix receives a $50 million break fee and has until November to find an alternative target.

Changpeng Zhao's new memoir, drafted in 15-minute bursts on a federal prison tablet, has reignited a decade-old dispute with OKX founder Star Xu over a disputed 2015 employment contract — and a reported claim that Xu personally turned in Huobi's Li Lin to Chinese authorities.

The Cantor Fitzgerald-led process is the first time Tether has opened its cap table meaningfully since founding. The asking price would make the stablecoin issuer worth more than every US bank except JPMorgan Chase — and investors have until late April to decide.

The exchange has integrated PreStocks' tokenised exposure to SpaceX, OpenAI, Anthropic, Anduril, Kalshi and Polymarket into a new Markets tab in the Web3 Wallet — though holders receive no voting, dividend or information rights, and the feature is blocked to US users.

The amended S-1/A filed on 11 April names the ticker BHYP, sets a 0.67% management fee, and lists FalconX, Flowdesk, Nonco and Wintermute as approved trading counterparties. The trust will pursue a secondary objective of staking yield.

MoonPay has signed on to the stablecoin payment rail that WalletConnect and French terminal maker Ingenico began building earlier this year, giving the in-store crypto checkout experiment a branded fiat settlement layer for the first time.

Six of the most recognisable names in institutional financial data have agreed to distribute proprietary feeds directly through Pyth Network, pulling some of Wall Street's most lucrative subscription businesses onto public blockchains for the first time.

Europe's largest asset manager has quietly built the fastest-growing tokenised fund on record, with Amundi and Paris-based Spiko disclosing that SAFO has crossed $400 million in assets under management less than a month after launching on Ethereum and Stellar.

Binance has offered roughly 1,000 United Arab Emirates-based staff — about a fifth of its global workforce — the option to relocate temporarily to Hong Kong, Tokyo, Kuala Lumpur or Bangkok, citing six weeks of regional conflict that included Iranian missile and drone debris falling on parts of Dubai.

A Nasdaq-listed public company has put its ordinary shares on two blockchains through Securitize, giving tokenised equities their most direct test yet of whether 24/7 trading can coexist with US securities law.

The Texas-based miner sold more than 2.5 times what it mined in the first quarter, reducing its bitcoin stack to 15,680 BTC and funnelling the proceeds into hashrate expansion and AI data centre infrastructure.

Polygon Labs is seeking between $50 million and $100 million in equity to fund its Open Money Stack stablecoin payments business, built on the Coinme and Sequence acquisitions it completed in January. The raise positions Marc Boiron's company as a settlement layer underneath Stripe, Mastercard, and the banks, rather than a consumer-facing payments brand.