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Crypto News — Kenya

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Tokenized stocks as DeFi collateral arrive before the borrowing risk is settled
Crypto

Tokenized stocks as DeFi collateral arrive before the borrowing risk is settled

bStocks tied to Tesla, Nvidia, and SpaceX exposure are now in Venus' Core Pool, but launch caps keep the borrowing…

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Social trading platform Fomo raises $75M, reaches $550M valuation
Crypto

Social trading platform Fomo raises $75M, reaches $550M valuation

The Series B round values the social trading and token discovery platform at $550 million as crypto venture funding remains…

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OKX and NYSE partner to bridge tradfi and crypto markets in joint venture led by Andrew Cuomo
Crypto

OKX and NYSE partner to bridge tradfi and crypto markets in joint venture led by Andrew Cuomo

The goal is to enable OKX’s 120 million global users to access ICE futures and NYSE tokenized equities markets, the…

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Bank of England Publishes Policy Statement and Draft Rules for Systemic Stablecoins
Crypto

Bank of England Publishes Policy Statement and Draft Rules for Systemic Stablecoins

The Bank of England published its policy statement and draft Code of Practice for systemic stablecoin issuers on Monday, replacing…

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Strategy adds $300M to USD Reserve, acquires 520 BTC
Crypto

Strategy adds $300M to USD Reserve, acquires 520 BTC

Michael Saylor’s Strategy boosted its USD Reserve to $1.4 billion and added 520 Bitcoin, funded through $335.5 million in MSTR…

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Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC
Crypto

Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC

Bitcoin Magazine Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC Strive purchased 759 BTC for roughly…

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Michael Saylor’s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion
Crypto

Michael Saylor’s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion

Bitcoin Magazine Michael Saylor’s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion Strategy purchased 520 bitcoin for…

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Bitmine added $92 million of ETH, with Tom Lee continuing to believe in ‘crypto spring’
Crypto

Bitmine added $92 million of ETH, with Tom Lee continuing to believe in ‘crypto spring’

The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5%…

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Bitcoin mining network becoming more sensitive to price swings, JPMorgan says
Crypto

Bitcoin mining network becoming more sensitive to price swings, JPMorgan says

A growing share of miners are operating near breakeven levels, making hashrate and mining difficulty increasingly responsive to bitcoin's price…

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Strategy added $35 million in bitcoin, $300 million in cash reserves last week
Crypto

Strategy added $35 million in bitcoin, $300 million in cash reserves last week

The boost to cash reserves is meant to reassure investors about dividend payments on the company's hard-hit preferred shares, STRC.

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EUR trading accounts for 1% of Binance spot volume, CryptoQuant says
Crypto

EUR trading accounts for 1% of Binance spot volume, CryptoQuant says

Euro-denominated trading accounts for around 1% of Binance's spot volume, according to CryptoQuant data, as the exchange faces uncertainty ahead…

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Bitcoin ‘Resilient’ After Hawkish Fed, But No ‘Return of Demand’: Analysts
Crypto

Bitcoin ‘Resilient’ After Hawkish Fed, But No ‘Return of Demand’: Analysts

With ETF outflows persisting and selling "nearly exhausted," analysts say Bitcoin is range-bound and waiting for a catalyst.

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