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BitGo cuts 15% of staff to sharpen focus on AI, stablecoins
BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the n…
Trillion-dollar asset manager Invesco looks to plant a flag in tokenized stablecoin reserve sector
The fund will invest primarily in U.S. Treasuries, repo agreements, and cash equivalents to maintain a stable $1 net …
Bitcoin options traders hedge downside as uncertainty lingers, Anchorage says
Anchorage Digital’s latest analysis shows Bitcoin options traders remain defensive as near-term uncertainty persist…
Half of UK wealth advisers say clients' crypto is ‘invisible’ to them: CoinShares survey
A CoinShares survey found than many EU-based wealth management companies had policies that restricted investments in …
Coinbase's Base blockchain resumes after two-hour outage disrupted network
The incident temporarily halted transaction processing on one of Ethereum's largest layer-2 networks.
Coinbase-incubated Base blockchain suffers ‘Unsafe Head Stall’ interrupting block production
Deposits and withdrawals have also been affected, while transactions are delayed or stalled, according to Base's stat…
Sophon sunsets its Layer 2 blockchain, moves to Base to build consumer apps
Sophon, which has raised $70 million in total funding, is shutting down its Layer 2 blockchain and moving to Base to …
21shares trims 2026 crypto forecasts despite institutional adoption gains
Asset manager 21shares sees crypto infrastructure advancing faster than prices, as ETFs, stablecoins and prediction m…
Kraken, Maple launch onchain warehouse facility for crypto-backed institutional loans
Kraken's new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to exp…
South Korean authorities fine Bithumb $136K over sharing user information overseas
The fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in viola…
Tether-pegged USDT0 stablecoin crosses $100 billion transaction volume milestone
USDT0, backed 1:1 by tethers, the largest stablecoin by market capitalization, is the third-largest holder of USDT.
Story Protocol rebrands to DATA Foundation in AI pivot
Story Protocol is now the DATA Foundation as it aims to provide licensable data to AI firms that have “run out of i…
‘Stablecoin’ Google searches down 54% as supply growth stalls after 2025 boom
The decline in search volumes this month coincides with aggregate stablecoin supply having reversed its 10-month expa…
SBI to acquire Bitbank in $289M deal creating Japan's biggest crypto exchange
The Japanese financial conglomerate plans to take full control of Bitbank as it expands an ecosystem spanning crypto …
Spark migrates $150M in stablecoin to Uniswap to advance shared liquidity
Spark deployed approximately $150 million across two Uniswap v4 pools on Ethereum, while its DualPool hook and Shared…
About 60% of World Cup bettors on Polymarket are first-time crypto users
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for …
Binance faces EU service limits next week as MiCA rules take effect
Binance will limit EU onboarding and services from July 1 under MiCA rules after failing to gain authorization from a…
Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report
Circle and Nomura are reportedly partnering to enable stablecoin-based foreign exchange settlement for Japanese compa…
Iran-linked entities moved $3.8B through CoinEx, TRM says
TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8%…
Indonesia sets certification rules for influencers recommending crypto
Indonesia’s financial regulator will require influencers recommending crypto and other digital assets to hold relev…
Polish crypto exchange Kanga secures MiCA license in Latvia
Poland-founded crypto exchange Kanga has secured a Class 3 MiCA license in Latvia, enabling EU-wide crypto services a…
US arbitration giant rolls out ‘legal layer’ for agentic commerce
As agentic AI transactions increase, “we need to know there’s a clear answer to what happens if something goes wr…
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. …
House Democrats seek SEC answers on AI investment advisors
House Democrats have questioned the SEC over trading platforms offering AI agent advisers making “consequential inv…
Abracadabra takes emergency action as MIM stablecoin depeg worsens
The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence…
FTX exec’s wife scheduled for November trial on campaign finance charges
A Manhattan judge ordered that Michelle Bond’s criminal trial start in November after he denied a motion to dismiss…
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with th…
Kalshi sues Illinois officials over prediction markets restrictions
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part …
Pump.fun offers up to $5 million salary for chief legal officer role
The position covers everything from SEC oversight to MiCA rules and U.K. regulations, and offers a salary between $1 …