News & Research

Deutsche Bank, Germany’s largest commercial bank, reported that Bitcoin's volatility is expected to continue falling as mainstream adoption grows. According to CoinDesk, the bank noted that despite Bitcoin’s record rally, its volatility has dropped significantly, a sign of a maturing market. Increased regulation and broader adoption by institutions are stabilizing Bitcoin’s price, making it more appealing to long-term investors like pension funds and sovereign wealth funds.

Crypto infrastructure firm Function has raised $10 million in a seed round led by Galaxy Digital, with participation from Antalpha and Mantle, CoinDesk reported. The funding will support the expansion of FBTC, Function’s fully reserved Bitcoin (BTC) product with $1.5 billion in total value locked.

Aqua1 Foundation, a Web3 investment fund which invested $100 million into Trump-linked World Liberty Financial (WLFI), addressed via X recent speculation regarding its team and operations, clarifying that it operates independently with no ties to any unrelated entities. The foundation denied associations with Web3Port, a Chinese market maker linked to misconduct rumors, emphasizing its commitment to transparency and legal action if necessary.

Hilbert Group, a Nasdaq-listed digital asset investment firm, has acquired 233 Bitcoin (BTC) from Deus X Capital, a crypto and fintech operator, bringing its total BTC holdings to 430, according to @btcNLNico on X.

The UK-based Standard Chartered (SC) has begun offering spot trading services for Bitcoin (BTC) and Ethereum (ETH) to institutional clients during Asia and Europe trading hours, according to CoinDesk. The service, launched through its UK branch, positions the bank as the first major global financial institution to provide direct crypto spot trading to institutions. The bank is also considering expanding access to 24 hours a day, five days a week, depending on client demand.

Aqua1 Foundation, a Web3 investment fund which invested $100 million into Trump-linked World Liberty Financial (WLFI), has been revealed to be Web3Port —a controversial Chinese market maker previously accused of misconduct while operating for the Movement (MOVE) project, according to Unfolded on X.

Arcadia Finance, a DeFi protocol on the Base network, has been exploited by hackers who stole about $1.6 million, according to CertiK, a blockchain security firm, on its Alert X account. Arcadia Finance acknowledged that the breach occurred through unauthorized use of its Rebalancer tool and advised users to promptly remove any asset manager permissions.

Former Wemade CEO Henry Chang, now serving as CEO of South Korean blockchain firm NEXUS, has been acquitted in a lower court ruling, according to local news outlet Newspim. Chang was indicted without detention in August of last year on allegations that he profited by falsely announcing a suspension of WEMIX token liquidation. The announcement reportedly helped stabilize the price of the token and Wemade’s stock, allegedly resulting in illicit gains of an unspecified amount and leading to charges under the Capital Markets Act.

South Korean investors bought $610 million worth of shares in Circle, the issuer of the USDC stablecoin, on the U.S. stock market over the past month, making it the most heavily purchased foreign stock during that period, according to Newsis. Coinbase ranked second with roughly $200 million in purchases, while major tech stocks such as Tesla, Nvidia and Apple saw net selling.

Here is the breakdown of crypto perpetual futures liquidation over the last 24 hours. - BTC: $489.67 million, Short 81.15% - ETH: $111.60 million, Long 61.97% - XRP: $30.70 million, Long 61.59%