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Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming
Several more US states are scheduled to hold primaries next week after one Republican candidate won in Alabama on Tue…
Blockchain.com deepens onchain stock offerings as tokenized equities market grows
The rollout in collaboration with Ondo Finance broadens access to tokenized traditional assets as demand for onchain …
Bitcoin layer-2s face a bear-market reality check
Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programma…
FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to tes…
Kalshi adds software partner as it looks to boost prediction market surveillance
The collaboration comes as US state regulators and the CFTC battle over oversight of event-based contracts.
US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related t…
Bybit lands on Singapore MAS Investor Alert List
Crypto exchange Bybit has been added to Singapore’s MAS Investor Alert List, which flags entities that may be mista…
Trace Finance raises $32M for cross-border stablecoin settlement expansion
The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting bl…
EarnOS launches anti-AI slop app, raises $6 million from 1kx, Circle and Coinbase
Ero app is designed to help brands verify human internet traffic, reduce wastes caused by bots, and reward "authentic…
Ready USDC card halts non-EEA service after issuer change, users report
Users reported losing access to Ready’s USDC card outside the EEA after a card provider change triggered rapid deac…
CoinMENA, Standard Chartered partner on UAE payment rails
CoinMENA will use Standard Chartered to strengthen fiat payment rails in the UAE, while Revolut reportedly secured ce…
Inveniam to acquire Mantra after turbulent year marked by OM crash
Inveniam announced plans to acquire Mantra, a blockchain project that spent the past year recovering from the collaps…
A new Bittensor proposal would turn validators into something like fund managers
Root Reborn would have TAO validators pick which subnets to back and reinvest yield into, rather than constantly sell…
On-Chain, In Court: What happened in crypto legal news this week
The Polymarket insider trading case and a retrial of Tornado Cash co-founder Roman Storm are expected to move forward…
Wall Street is paying up for Bitcoin miners’ AI infrastructure before most of it is built
A megawatt leased to an AI tenant now commands a different price on Wall Street than a megawatt sitting in a Bitcoin …
Heir to 135-year Gulf dynasty is moving a $6 trillion trade market onto blockchain rails
Abdulla Kanoo says his ARP Digital firm is building settlement infrastructure for the growing flow of trade between e…
China pays closer attention to stablecoins as cross-border role expands
A senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoin…
Hyperliquid's $10B open interest coincides with growth in equity-linked markets: Talos
Hyperliquid’s $10 billion open interest milestone shows growing demand for onchain equities and commodities trading…
BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns
BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 li…
Senate, House reach agreement on housing bill banning CBDC through 2030
US Senate and House leaders have jointly released an updated version of a housing legislation that includes a CBDC ban.
Congress reaches deal on housing bill with CBDC ban until 2030
The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on the …
Live markets: A bitcoin bottom signal flashed as holders absorbed 125,000 BTC in June
Bitcoin's Sharpe ratio hit a level that has marked every cycle low since 2015, but in each case it preceded months of…
Illinois governor approves crypto transaction tax despite industry uproar
“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the…
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way t…
Tokenized asset market tops $43B as institutions accelerate blockchain adoption
Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market br…
Crypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls
Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Al…
Coinbase lets users transfer stock portfolios as exchange expands beyond crypto
The crypto exchange is deepening its push into traditional finance by enabling ACATS stock transfers and expanding tr…
Coinbase unveils ‘System Update’ unlocking an AI advisor, global unified liquidity, options trading and more
Coinbase's latest System Update includes a new AI-powered advisor and global unified liquidity between its U.S. and i…
Pump.fun activity craters 80% in three months, dragging Solana fees lower as traders rotate into perps
The platform's fall from grace is best reflected in the PUMP token itself, which is down 40% in the last six months a…