Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
Galaxy Digital, the digital asset firm founded by investor Mike Novogratz, is preparing to launch a new hedge fund with a strong focus on both cryptocurrencies and traditional financial services, according to a report by the Financial Times. The fund, expected to debut in the first quarter, aims to raise
Finance
Chainlink, a leading provider of blockchain infrastructure, has announced the launch of 24/5 onchain data streams for tokenized U.S. stocks and exchange-traded funds, marking a notable step toward more continuous global market access. The new service, called Chainlink 24/5 U.S. Equities Streams, extends the company’s
Finance
Noble, a blockchain network known for its focus on stablecoin infrastructure, is preparing for a major shift. The project announced it will sunset its Cosmos SDK-based appchain and launch a new standalone Ethereum Virtual Machine based Layer 1, marking a clear change in strategy after years of close alignment with
Finance
SOL Strategies, a publicly listed firm focused on the Solana ecosystem, has taken another step to deepen its role in the network with the launch of STKESOL, a new liquid staking token backed by more than 500,000 SOL at inception. The Toronto-based company announced that STKESOL is designed to
Finance
MegaETH, a high-performance Ethereum Layer 2 network, is preparing to put its technology to the test. The project announced it will open its mainnet on Thursday for a large-scale global stress test, marking a key step before its full public rollout. According to a statement shared on X, the week-long
Finance
Revolut, the London-based financial technology company, has applied for a full banking license in Peru as it ramps up its expansion across Latin America. If approved, the license would allow Revolut to offer a wide range of local financial products and services tailored specifically for Peruvian customers. Peru’s banking
Finance
FuriosaAI, a Seoul-based designer of artificial intelligence chips, is looking to raise between $300 million and $500 million in a fresh funding round ahead of its planned initial public offering. The move signals the company’s ambition to take on established players like Nvidia in the rapidly growing AI hardware
Finance
A technical error on Paradex, a decentralized derivatives exchange built on Starknet, briefly caused bitcoin to be priced at zero, setting off a wave of automated liquidations before the issue was corrected. The incident has prompted the platform to announce a planned blockchain rollback, an unusual step that has reignited
Finance
Sequoia Capital is set to make a significant investment in Anthropic, the artificial intelligence company known for its chatbot Claude, according to a recent report by the Financial Times. The funding round could see Anthropic raising at least $25 billion, with a potential company valuation reaching $350 billion. Founded in
Finance
Anchorage Digital, a leading digital asset custodian and the first federally chartered US digital-asset bank, is reportedly seeking to raise between $200 million and $400 million as it considers going public next year. Sources familiar with the matter say the New York-based firm is still working out its valuation and
Finance
U.S. officials have confirmed that bitcoin forfeited in the Samourai Wallet criminal case has not been sold and will remain part of the federal government’s strategic bitcoin reserve, addressing recent reports that suggested otherwise. The clarification came from Patrick Witt, executive director of the President’s Council of
Finance
Jefferies has removed bitcoin entirely from its well-known “GREED & Fear” model portfolio, reallocating the position to gold amid growing debate over the long-term impact of quantum computing on cryptocurrency security. Christopher Wood, Jefferies’ global head of equity strategy, confirmed the move in a note shared Thursday. The portfolio’s