DeFi
As summer kicks off with a quiet crypto market, industry players are making bold moves behind the scenes. From billion-dollar treasury strategies to institutional expansion, several key announcements this week reflect growing confidence in the digital asset space despite muted trading activity. Robinhood has officially completed its $200 million acquisition
Markets
A new Trump-branded crypto wallet and trading app is launching, marking another step in former U.S. President Donald Trump’s increasingly visible involvement in the cryptocurrency space. Despite mounting scrutiny over his and his family's crypto ventures, the project is moving forward, promising users the ability to
Markets
Marathon Digital Holdings (NASDAQ: MARA), the largest publicly traded Bitcoin miner in the United States, mined 950 BTC in May—its highest monthly output since the April 2024 Bitcoin halving. Valued at over $101 million, the company announced it is holding the entire haul, bringing its total Bitcoin treasury to
Markets
Global crypto exchange Kraken has launched Kraken Prime, a comprehensive prime brokerage platform designed to meet the specific needs of institutional investors entering the digital asset space. The offering integrates trading, custody, and financing solutions into a unified service built for performance, reliability, and compliance. With institutional adoption of crypto
DeFi
LiFi Protocol, a cross-chain bridge facilitating asset transfers across multiple blockchains, recently reported record-breaking growth—but new allegations suggest the surge may not be as organic as it appears. According to blockchain analyst ZachXBT, the spike in LiFi activity during May—amounting to $3 billion in volume and over 4.
Markets
XRP is seeing a notable price uptick after Ripple’s stablecoin RLUSD received a key regulatory approval from the Dubai Financial Services Authority (DFSA). The endorsement allows RLUSD to be integrated into Dubai’s licensed payment platforms, marking a significant regulatory milestone for Ripple in the Middle East. In the
Finance
Tether, the company behind the world’s largest stablecoin, has allocated a massive 10,500 Bitcoin—worth approximately $1.1 billion—to facilitate SoftBank’s investment in Twenty One Capital (XXI), a firm focused on Bitcoin-related financial strategies. The move was disclosed by Tether CEO Paolo Ardoino, who shared details
Cryptocurrency
Swiss crypto investment firm 21Shares has launched a new exchange-traded product (ETP) offering exposure to Hedera’s native token, HBAR, broadening access to the digital asset through traditional financial channels. The new product, trading under the ticker HDRA, is now available on Euronext Amsterdam and Euronext Paris, allowing both institutional
AI
The United Kingdom is deploying artificial intelligence to boost Arctic security as global competition intensifies in one of the world’s most strategically sensitive regions. Foreign Secretary David Lammy underscored the move during a tour of the Arctic that began today, reaffirming the UK’s commitment to confronting growing threats
Markets
Cecilia Hsueh, co-founder and CEO of Ethereum Layer 2 startup Morph, announced Monday that she is stepping down from her role, officially passing the reins to Colin Goltra, a seasoned Web3 executive and former Binance director. "This news might feel a bit heavy, but I think it’s time
DeFi
The crypto industry took a $302 million hit in May, primarily from hacks targeting decentralized finance (DeFi) platforms, according to blockchain security firm Certik. While that total marks a 16.9% drop from April, the majority of losses stemmed from vulnerabilities in smart contract code—a persistent challenge for the
Finance
In a landmark move underscoring the growing intersection of traditional finance and blockchain, Consensys, the company behind MetaMask and a key player in Ethereum’s infrastructure, has led a $425 million private placement for SharpLink Gaming. The Minnesota-based affiliate marketing firm is now positioning itself to build what it claims