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Solana infrastructure firm Helius acquires Light Protocol to expand onchain privacy
The acquisition comes amid a moment of consolidation in the crypto industry and during a resurgent interest in onchai…
Tether leads up to $1.4 billion round in robotics firm Neura, plans crypto wallet integration
Tether will also provide and "deploy" technology within the Neura robotics ecosystem, including a crypto wallet integ…
MegaETH-based MNX raises $6.4 million pre-seed at $40 million valuation to build AI-focused futures exchange
MNX, a decentralized futures exchange focused on the AI economy, has raised $6.4 million in a pre-seed funding round.
Trump family’s $2.3B crypto windfall matched by $2.25B in investor losses, Reuters finds
President Donald Trump’s family has turned crypto into one of the most lucrative businesses tied to its name, outpa…
Janus Henderson takes ENA position, eyes regulated investment products tied to Ethena
Janus Henderson took an ENA position and outlined plans for regulated investment products tied to the Ethena ecosystem.
GSR receives FINRA approval to complete broker-dealer acquisition
GSR first announced it would acquire the Portland-based, SEC-registered broker-dealer Equilibrium Capital Services in…
Morpho raises $175M in round co-led by Paradigm, a16z crypto and Ribbit Capital to build ‘open credit network’
Morpho plans to build an open blockchain-based credit network to connect decentralized finance, Wall Street, and glob…
MetaMask debuts Agent Wallet giving AI bots self-custody access to Ethereum
Consensys-backed MetaMask is rolling out a non-custodial wallet for AI agents for general availability this summer.
Hyperion DeFi to unwind $29 million in HYPE deals with Felix, Native Markets as USDH sunsets
Roughly 800,000 HYPE will return to the company's treasury for redeployment to "more profitable" strategies, per a Fr…
Securitize clears SEC registration statement hurdle, sets path to NYSE listing as SECZ
Securitize's SPAC merger is expected to close shortly after a CEPT shareholder vote, if approved, later this month.
Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions
Morgan Stanley Wealth Management and Galaxy Digital have partnered to let eligible clients lend crypto in exchange fo…
CME CEO Duffy says new perpetual futures could be ‘disaster waiting to happen’
CME CEO Terry Duffy warned that U.S.-approved perpetual futures risk retail blowouts and excessive leverage exposure.
Travala debuts agentic AI travel protocol with gasless USDC payments on Base
Travala launched an agentic AI travel protocol on Base supporting gasless USDC hotel bookings and AI-assisted payment…
Cosmos Labs acquires block explorer Mintscan, forms Korea subsidiary to expand ecosystem
Cosmos Labs has acquired Cosmos block explorer Mintscan and formed a new Korea-based subsidiary, Cosmos Labs Korea.
Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion
Thomas Lee's BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offer…
Crypto VC deal count slumps to five-year low as investors grow more selective
Monthly venture deal count in crypto fell to roughly 50 deals in May, a level not seen since before 2021.
IREN plants flag in Australia with its first data center campus to serve Asia-Pacific AI demand
The announcement comes days after IREN secured $3.65 billion in financing to support its Microsoft AI contract.
Variant raises $222 million fund targeting early stage crypto, AI startups that expand ‘autonomy’
Variant founder Jesse Walden said the firm is targeting firms that expand autonomy, including in permissionless and a…
Cardano’s Charles Hoskinson warns of ‘wave of failures’ after TapTools wind-down
TapTools is set to wind down after leadership exits as Charles Hoskinson warns of a wave of Cardano ecosystem failure…
Franklin Templeton brings BENJI tokenized fund to MoonPay
The partnership will serve as "the foundation for a broader strategic relationship between Franklin Templeton and Moo…
Following token-dumping scandal, Movement seeks new life as a Layer 1
Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocu…
Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
Robinhood closes $180 million WonderFi acquisition, entering Canadian crypto market
Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.
IREN lands $3.65 billion A-rated financing for Microsoft AI buildout
The debt package helps IREN cover about 96% of the GPU spending needed to fulfill the Microsoft contract.
The Funding: How crypto hedge funds are navigating weak markets
As crypto markets remain weak, fund managers say asset selection, fundamentals, and alpha matter more than ever.
Base launches Azul on mainnet, pushing Coinbase’s Ethereum L2 toward full decentralization
Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.
Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch withi…
Samsung units to acquire $408 million stake in Upbit operator Dunamu
Major institutions in South Korea are seeking to expand into digital assets in preparation for the upcoming regulator…
Bit Digital extends $100 million loan facility to WhiteFiber, backed by Ethereum credit line
Bit Digital said advances may be funded through an Ethereum-denominated secured credit facility, letting it retain ET…
Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD
Falcon said fUSD is meant to act as a “regulated counterpart” to its existing overcollateralized synthetic stable…