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Binance Labs, the former investment arm of exchange giant Binance, gets a major overhaul under a new name, YZi Labs, with former Binance CEO Changpeng “CZ” Zhao being closely involved in the operations, the firm announced on Thursday. The rebrand means that the investment firm turns from being the exchange’s venture capital arm into the … Read more
The outlook for bitcoin (BTC), the world’s largest cryptocurrency, is positive, and its price is expected to remain elevated in 2025, German lender Deutsche Bank (DB) said in a report Wednesday. A more favorable regulatory and political backdrop in the U.S., growing institutional adoption, and looser Federal Reserve monetary policy, are all expected to support … Read more
Following the National Championship, Dan Wetzel, Ross Dellenger and SI’s Pat Forde look ahead to the 2025 college football season, projecting who will be the best teams in the country. They discuss the buzz for Arch Manning at Texas and if Ohio State can reload after losing a large group of key starters. They also … Read more
Singapore-based cryptocurrency exchange Phemex has said that it is “looking into” reports of a hack after one of its hot wallets was drained for $29 million worth of crypto tokens. Crypto security firm Cyvers reported “multiple suspicious transactions” from the Phemex hot wallet across multiple blockchains. The funds were swapped for ether (ETH). “As we … Read more
In today’s issue, Alec Beckman from Advantage Blockchain explains stablecoins and their growing use cases for institutions and advisors. Then, CK Zheng from ZX Squared Capital shares tips on preparing for tax season in Ask and Expert. – Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. … Read more
On Sunday, the Baltimore Ravens lost to the Buffalo Bills in the AFC divisional round, falling just short in a brutal, two-point loss. Ravens fans quickly pointed fingers at tight end Mark Andrews, whose tough game culminated in a dropped pass on what would have been a game-tying two-point conversion. Five days later, Andrews addressed … Read more
Payments remain the big unsolved use case of the internet. When we buy something online, we generally use a traditional payment method, like a credit card, which isn’t “native” to the experience. Your ability to transact with a merchant is verified by a third-party (like a bank), which raises costs and adds a lot of … Read more
It took institutions over a decade to take bitcoin (BTC) seriously as an investment vehicle, even though well-known financial pioneers had embraced the largest cryptocurrency on the market years earlier. But not even one year after the launch of the spot bitcoin exchange-traded funds (ETFs) which saw adoption from pension funds, hedge funds and even … Read more
The Philadelphia Eagles will take the field Sunday to try to win their second NFC championship in three seasons. It’s a huge win for an organization that is constantly evolving and had to undergo a significant bit of retooling after a second-half collapse last season. No one factor is why Philadelphia finds itself in the … Read more
Image Credit: Getty Images Pete Hegseth, Donald Trump‘s secretary of defense nominee, attended his confirmation hearing in front of the Senate Armed Services Committee on January 14, 2025. Throughout the televised session, the former Fox & Friends weekend co-host was grilled on his past controversies, including sexual assault allegations, infidelity and more. So, the question … Read more