Celsius founder settles payment of $10 million with FTC

According to Bloomberg, MoonPay has acquired Israeli cryptocurrency security startup Sodot in an all stock transaction for approximately $100 million. MoonPay will establish a new department, MoonPay Institutional, which will focus on providing services such as encrypted trading, tokenized securities, payments, wallet management, and stablecoin issuance to large traditional financial institutions. The department is led by former CFTC Acting Chair Caroline D. Pham, who joined MoonPay in December last year and currently serves as Chief Legal Officer and Chief Administrative Officer. Pham stated that institutions are accelerating their entry into the fields of encryption and DeFi.

Bullish collaborates with Ripple Prime, allowing institutional clients to directly access Bullish's BTC options market through RLUSD. （CoinDesk）

Monitoring shows that Wintermute and GSR Markets received 177 million cross chain market making tokens (Ethereum mainnet) from the Gensyn mainnet Delphi. Gensyn has raised $80 million in funding from institutions such as a16z and Galaxy Digital, and has launched on Kraken and Coinbase. (Auntie Ai)

Belo, which has over 3 million users across Latin America, offers a digital wallet that lets users hold and transfer local currencies alongside digital dollars. What to know : Belo, an Argentina-based firm that uses crypto rails for payments, raised $14 million in a Series A round led by stablecoin issuer Tether. By combining payments, foreign exchange and cross-border transfers in one app and relying on stablecoin infrastructure, Belo aims to lower costs and friction in Latin America’s fragmented financial systems and serve users underserved by traditional banks. The firm plans to expand across the region in Mexico, Chile, Colombia, Peru, Bolivia and Paraguay, while hiring across product, engineering and operations.

According to Onchain Lens monitoring, BlackRock has deposited 1473 BTC (worth approximately $114 million) and 5738 ETH (worth approximately $134 million) into Coinbase.