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Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges
The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining it…
Coinbase invests in Ethena via open market purchase of ENA, flags new partnership
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
Backpack launches securities platform blending traditional and tokenized stock trading
Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.
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…
Veda brings the vault stack behind Kraken DeFi Earn to Privy’s 2,000-plus developer teams
The same vault stack powering Kraken DeFi Earn and EtherFi's Liquid will be available via a self-serve API for develo…
MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for c…
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.
Unable to recover from roughly $50 million hack, Radiant Capital is winding down
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 …
Dogecoin gains access to Paxos network used by PayPal and Venmo
House of Doge struck partnership with Paxos to integrate DOGE across the firm's enterprise-grade brokerage and custod…
Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push
Binance launched U.S. stock and ETF trading for non-U.S. users and has plans for tokenized equities on BNB Chain.
‘Gnosis will cover all user losses’ amid exploit related to Gnosis Pay, co-founder Koppelmann says
Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an…
Coinbase launches Indian rupee rails with perps access in expansion push
The Nasdaq-listed company said it has established INR order books to provide dedicated liquidity for users in the cou…
Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit
The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth…
UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia
Western governments spent three years building what they believed was an airtight financial blockade around Russia, s…
Revealing the moment crypto started reshaping American elections
Less than four years after the collapse of FTX triggered calls for a sweeping crackdown, the crypto industry has emer…
The US says it grabbed Iran’s crypto in a $1B seizure – will it end up in Trump’s Bitcoin Reserve?
reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion …
Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.
Bitcoin perps just got a US green light, but one catch could decide everything
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, w…
Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target
Senate Banking cleared the CLARITY Act 15-9 on May 14, and within two weeks, President Donald Trump posted on Truth S…
OKX confirms $53 million investment to acquire 20% stake in Coinone crypto exchange
This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisit…
Gemini crypto exchange launches AI data feed powered by Grok
The move comes as Gemini continues to expand beyond spot crypto trading into derivatives, predictions, and other fina…
Sui blockchain experiences second ‘stall’ in five months
Sui said the blockchain is experiencing a "network stall," as block explorers show the protocol has not produced a bl…
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…
CFTC says it shouldn’t have sued Gemini, joins motion to vacate prior judgment
The CFTC joined Gemini in filing a motion for relief from a 2025 consent order stemming from the agency's previous en…
US charges Google engineer with using internal search data to pocket $1.2 million on Polymarket
Prosecutors charged Spagnuolo with fraud and money laundering, while the CFTC filed a complaint alleging insider trad…
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…
CME’s 24/7 crypto launch will kill Bitcoin’s weekend gap, but Monday now matters more
The exchange is taking crypto futures and options 24/7, while trade dates, settlement and reporting stay tied to busi…
Kraken expands Earn suite with Bitcoin Vault paying yield on BTC holdings
Bitcoin Vault routes deposits into DeFi lending protocols, including Aave and Morpho, to generate BTC rewards.
Aztec Labs acquires ZKPassport, pledges to keep privacy protocol and iOS mobile app open-source
The Obsidion team, including co-founders Michael Elliot and Theo Madzou, will join Aztec Labs to continue developing …