Key Crypto Updates of the Day
Here are the most important crypto-related updates from February 11 between 12:00 and 21:00:
- Binance has partnered with Franklin Templeton to launch an institutional OTC collateral program, offering more flexible asset management options for institutional investors.
- Goldman Sachs increased its stake by 237,874 shares in a strategic holding, bringing the total value of its position above $300 million, drawing significant market attention.
- Circle has minted an additional $1 billion in USDC on the Solana network, signaling increased demand for stablecoin solutions.
- The Hong Kong SFC introduced new regulations aimed at promoting digital asset trading and fostering a more dynamic market environment.
- An exchange faced legal action after a Bitcoin mishap led to user losses, with courts backing civil compensation claims.
- Hyperliquid Strategies invested $129.5 million to acquire around 5 million HYPE tokens, indicating confidence in the project's long-term potential.
- Franklin Templeton has moved forward with tokenizing money market funds, which could reduce operational costs by 5-15 basis points.