Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand,…
Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
The crypto trading platform said the layoffs reflect a strategic shift toward its fastgrowing enterprise business. Source：CoinDesk
What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument
Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world. Source：CoinDesk
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as eventbased trading gains traction across sports, finance and crypto.…
Cantor is advising crypto bank AMINA on path to potential public listing
The Swiss bank is exploring multiple paths to the public markets, though discussions are ongoing and no final decision has been made. Source：CoinDesk
Thailand's SEC alleges Bitkub concealed cyberattack that led to $50 million hack
Bitkub was the victim of a cyberattack in May 2021, which led to hacks stealing 1.7 billion baht across 16 different digital assets. Source：CoinDesk
Nvidia forms 37-member AI security alliance without OpenAI, Anthropic or Google
The chipmaker and 36 other companies say defenders need AI they can run themselves. Major AI players OpenAI, Anthropic and Google are not among them.…
Securitize builds Wall Street credentials with SEC adviser license as tokenization expands
The license broadens the BlackRock tokenization partner's offering as regulators weigh rules for onchain investment products. Source：CoinDesk
Crypto is rewriting how Wall Street traders spend their weekends
Aroundtheclock crypto markets are forcing Wall Street to reevaluate one of its oldest assumptions: that weekends are for waiting. Source：CoinDesk
Circle buys nearly 1,000 blockchain patents from IBM
The portfolio covers blockchain technology, banking, insurance, and cloud security, though the financial terms of the deal were not disclosed. Source：CoinDesk
Michael Saylor's Strategy boosted cash reserve to $3.75 billion, repurchased $25 million of STRC
The company last week raised $544.5 million in cash via sales of its common stock. Source：CoinDesk
Bitcoin options traders are dropping their hedges going into the Fed meeting
The put/call ratio has fallen to about 0.52 from 0.76 in late June, and oneweek downside protection has collapsed in price. The options market is positioned…