HEX (PulseChain) narxHEX

Bitcoin’s layer-2 ecosystem is growing, with institutions interested in BTC-denominated yields. For this reason, Hex Trust added stacks and sBTC to its offering. Bitcoin’s (BTC) DeFi ecosystem is expanding, and institutions are taking notice. On Thursday, April 10, digital asset custodian Hex Trust added Stacks (STX) and sBTC to its crypto offering. This means that investors will be able to gain exposure to the growing Bitcoin layer-2 ecosystem. Investors will be able to earn staking yields in Bitcoin terms through sBTC, which runs on the Stacks Bitcoin layer-2 network. According to Giorgia Pellizzari, Head of Custody at Hex Trust, institutions will benefit from regulated access to Bitcoin DeFi. “Hex Trust’s support for STX and sBTC aligns with our mission to empower institutional clients with secure, compliant access to Bitcoin’s evolving utility,” Giorgia Pellizzari, Hex Trust The release coincides with growing demand for Bitcoin in Asia and the UAE—key markets that Hex Trust focuses on. Kyle Ellicott, Executive Director at the Stacks Asia Foundation, explained that Hex Trust’s support will boost access to Bitcoin DeFi investments. “Hex Trust’s expanded support strengthens the infrastructure for Bitcoin DeFi in Asia and globally. Their integration of sBTC and STX underscores the maturing ecosystem around Bitcoin’s programmable future,” Kyle Ellicott, Stacks For institutions, holding crypto assets directly can be difficult due to security and regulatory concerns. As a result, many rely on exchange-traded funds or custodians like Hex Trust to gain exposure to crypto assets. sBTC generates yields through DeFi protocols, where it is used for lending, yield farming, and more. The yields are denominated in Bitcoin, even though Bitcoin itself does not generate staking rewards. Stacks and sBTC are part of a growing ecosystem of Bitcoin DeFi protocols that leverage Bitcoin’s decentralization while offering more functionality than the base chain.

Santiment highlighted a 267% surge in transactions over $100K for Aave (AAVE) on Polygon. OKB and HEX transactions over $100K shot up 200% and 256%, respectively. CryptoQuant CEO Ki Young Ju said that the current market is in “zero-sum PvP game.” Whales are on the move in the altcoin market, sparking price rally speculation. On-chain data reveals a surge in large transactions for cryptos like AAVE, ADA, and OP, signaling potential big investor accumulation, reports Santiment. This increase suggests potential accumulation by high-net-worth investors and institutions, possibly hinting at a rally if market conditions remain favorable. Top Gainers in Whale Transactions Santiment data highlights a sharp rise in whale transactions over $100K across several major altcoins: Aave (AAVE) [Polygon]: +267% HEX (HEX): +256% OKB (OKB): +200% Cardano (ADA): +193% Optimism (OP): +140% Trillioner (TLC): +133% Bitcoin Cash (BCH): +128% Curve Finance (CRV): +100% BitDAO (BIT): +100% GateToken (GT): +100% The spike in high-value transactions could indicate strategic positioning by large investors expecting a rebound in the altcoin m… The post Top 10 Altcoins: Whale Transaction Volume Spikes – Rally Watch appeared first on Coin Edition.

Core partners with Cobo to expand $BTC staking in APAC Bitcoin staking platform Core has teamed up with Singapore-based custodian Cobo to offer institutional clients in the Asia-Pacific region yield on BTC holdings while maintaining asset control. According to CoinDesk, Core’s staking protocol has secured over 6,200 BTC ($548 million) and continues expanding institutional access, following recent partnerships with Maple Finance, BitGo, Copper and Hex Trust.

Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the Monetary Authority of Singapore that would allow it to offer a “fully-integrated solution” including custody, over-the-counter trading, and settlement, including fiat on and off ramps. In a press release shared with crypto.news, Calvin Shen, CEO of Hex Technologies Pte. Ltd., said Singapore remains a “key market” for Hex Trust, adding that the milestone now allows the custodian to double down on its offerings for institutional clients. “Securing the MPI license is a testament to our team’s dedication to working closely with the MAS to meet its regulatory requirements. With a well-established regulatory framework and commitment to innovation, Singapore continues to drive institutional adoption of digital assets.” Calvin Shen For Hex Trust, the latest license marks another regulatory achievement in Singapore , where the custodian previously secured approvals. In 2021, it obtained the Capital Markets Services license, allowing it to provide custodial services regulated under Singapore’s Securities and Futures Act. Outside Singapore, Hex Trust also holds licenses and registrations in Hong Kong, Dubai, France, and Italy. In February, Hex Trust secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective, bringing its total funding to over $100 million. That investment marked a “pivotal milestone,” Hex Trust said in a blog announcement, as it prepares for its Series C raise anticipated later in 2025.

🆘️🆘️All the remaining Crypto SEC CASES🆘️🆘️🆘️ 1. Ripple Labs - Ongoing appeal and penalty phase following a partial ruling in 2023. 2. Binance - Paused for 60 days in February 2025 for negotiations, but still active. 3. Kraken - Lawsuit from November 2023 continues, despite dismissal efforts. 4. Bittrex - Post-settlement aspects or related enforcement may still be active. 5. Cumberland - Ongoing case against the crypto trading firm. 6. Richard Heart (Hex, PulseChain, PulseX) - Fraud and securities case from July 2023 remains open. 7. Dragonchain - Enforcement action still active, though details are limited. 8. TRON (Justin Sun) - Paused for 60 days in February 2025 for settlement talks, but not dropped.