BitGo launches Aptos staking for institutional clients

Circle has announced the circulation of €300 million of its EURC stablecoin, which complies with the Markets in Crypto-Assets (MiCA) regulation, positioning it for real-time payments and global use. This development marks a significant step in the company's strategy to enhance its stablecoin offerings within a regulated framework.

Bybit has introduced a new insurance fund mechanism for its USDT perpetual contracts, aiming to enhance market stability and reduce volatility risks for traders. This initiative is designed to create a more secure trading environment, potentially attracting a larger user base to the platform.

Glassnode's recent data indicates that net flows for Bitcoin and Ethereum exchange-traded funds (ETFs) in the U.S. have remained negative since November, signaling a decline in institutional demand for these cryptocurrencies.

Aptos' native token APT has seen a decline of 2.8% amid a broader downturn in the cryptocurrency market, as indicated by the CoinDesk 20 index, which also fell by 2.8%. This decline follows a period of increased sell pressure affecting various cryptocurrencies.

Koinly has reported a limited email address leak associated with a breach at Mixpanel, clarifying that no wallet, tax, or transaction data has been compromised. This incident raises concerns about data security and the potential risks associated with third-party integrations.

Bitcoin's volatility has decreased to 46%, now lower than that of Nvidia and Tesla stocks, indicating a trend towards greater price stability in the cryptocurrency market. This shift suggests that Bitcoin is maturing as an asset class, moving away from the extreme fluctuations that have characterized its history.

Brett Harrison, the former president of FTX US, has successfully raised $35 million for his new venture, Architect Financial Technologies, which aims to create an institutional trading platform that will include cryptocurrencies, equities, and futures. This funding reflects a growing investor confidence in innovative trading solutions.

The International Monetary Fund (IMF) has reported that discussions regarding El Salvador's Chivo Bitcoin wallet are progressing, which could significantly influence the country's cryptocurrency strategy and its management of public funds.