California Suspends Enforcement of Law Requiring VCs to Report Diversity Data

Under a new state regulation, venture capital firms operating in California were supposed to submit demographic data about their portfolio companies, including the gender and race of startup founders they backed. But amid public criticism from some tech leaders, the California agency administering the new requirement suspended it just before the Wednesday deadline for firms…

Read More

XRP Adoption Expands as Ripple Embeds Digital Asset Capabilities Directly into Enterprise Treasury Platforms – Featured Bitcoin News

XRP Becomes Core Asset In Ripple Treasury Liquidity Strategy A shift in enterprise finance is accelerating as digital assets gain practical utility. Enterprise blockchain company Ripple shared on April 1 that it embedded native digital asset capabilities into its treasury platform, positioning XRP as a core instrument for corporate liquidity management. Ripple, a provider of…

Read More

De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack

Decentralized finance company Drift says it has suspended withdrawals and deposits after confirming a security incident.  The crypto platform said in a post on X that it was “experiencing an active attack,” and that it was working to “contain the incident.” Security researchers and public blockchain data suggest the losses could be significant. Blockchain security…

Read More

Charles Schwab-Backed EDX Markets Applies for National Trust Bank Charter With OCC  – Crypto News Bitcoin News

EDX Markets Holding Company Files OCC Charter Application for Crypto Trust Bank The application was made public on Wednesday, April 1, and first reported on by Bloomberg. It requests full fiduciary powers under 12 U.S.C. § 92a and authorization to provide digital asset custody, asset management, and settlement services exclusively for institutional clients. The proposed…

Read More