AI
Only 14% of insurance firms have fully integrated artificial intelligence despite 82% expecting it to dominate the sector. The gap highlights structural inefficiencies that continue to limit deployment at scale. A report by Autorek, based on a survey of 250 managers across the U.S. and U.K., identifies persistent
DeFi
Rising geopolitical tensions around the Strait of Hormuz could disrupt up to 20% of global oil supply, amplifying risk across financial markets. The potential shock introduces renewed downside pressure for crypto assets already struggling for momentum. Arthur, CEO of DeFiance Capital, warned on March 20 that escalation in the Middle
Markets
BitFuFu reported a net loss of $57.4 million in 2025 as rising mining costs and asset impairments offset modest revenue growth. The results highlight mounting pressure on bitcoin mining economics despite strategic shifts toward service-based models. BitFuFu Announces Unaudited 2025 Full-Year Financial ResultsBitFuFu reported $475.8 million in full
Finance
Ledger has appointed a new chief financial officer and opened a New York office as it explores a potential U.S. initial public offering. The dual move signals a sharpened focus on institutional markets and capital formation. John Andrews, formerly head of capital markets and investor relations at Circle, joins
Finance
Kalshi has raised more than $1 billion in fresh capital, doubling its valuation to approximately $22 billion within months. The funding underscores accelerating investor demand for regulated prediction market infrastructure despite mounting legal challenges. The round is led by Coatue Management, according to reporting from The Wall Street Journal and
DeFi
The World Gold Council has proposed a unified infrastructure to standardize tokenized gold markets, aiming to align digital issuance with physical custody systems. The initiative signals growing institutional focus on real-world asset (RWA) tokenization beyond crypto-native frameworks. Outlined in a March 18 white paper, the proposed “Gold as a Service”
Markets
A bitcoin wallet dormant for over 13 years moved 2,100 BTC worth roughly $147.7 million, marking one of the largest recent reactivations of early holdings. The transfer highlights renewed activity among long-term holders as market conditions evolve. The transaction occurred at 10:27 a.m. UTC, according to
Finance
Coinbase has launched stock perpetual futures tied to major U.S. equities, extending 24/7 trading access to global users. The move deepens its push to unify crypto and traditional assets within a single derivatives venue. The products are available to eligible users outside the United States and include exposure
Blockchain
Gemini faces a class action lawsuit alleging its IPO disclosures misrepresented core business strategy and growth plans. The case introduces fresh legal risk as public crypto firms face heightened scrutiny over post-listing pivots. Complaint – #1 in Methvin v. Gemini Space Station, Inc. (S.D.N.Y., 1:26-cv-02261) – CourtListener.comCOMPLAINT
DeFi
Long-term bitcoin holders reduced selling activity across all age cohorts in March, signaling easing distribution pressure in the market. The shift points to a more stable supply dynamic at a time of macro-driven volatility. VanEck reported that transfer volumes from long-term holders declined month-over-month, indicating fewer coins moving to market.
Finance
Bluesky disclosed a previously unannounced $100 million Series B round, highlighting sustained investor conviction in decentralized social infrastructure. The delayed reveal comes as the network scales rapidly and undergoes a leadership transition. The April 2025 round was led by Bain Capital Crypto, with participation from Alumni Ventures, Anthos Capital, Bloomberg
Markets
Morgan Stanley has moved closer to launching a spot bitcoin exchange-traded fund after submitting a second amended S-1 filing to the U.S. Securities and Exchange Commission. The update signals continued institutional momentum in crypto product development, even as final approval remains uncertain. The amended filing confirms the proposed Morgan