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Strategy’s STRC preferred stock closes day 11% under par at $89
Wednesday's close of $89 appears to be the lowest on record since the stock was first issued in 2025.
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…
Polychain and Coinbase-backed Satori Finance DEX winds down citing ‘unfavorable market conditions’
Satori raised $10 million in a May 2022 seed round led by Polychain Capital with participation from Coinbase, Jump an…
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…
Stablecoin infrastructure firm Trace Finance raises $32 million Series A, says valuation grew 10x from seed
CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others partici…
Limitless CEO says no prediction market platform will dominate, citing perpetual futures precedent
Limitless CEO CJ Hetherington tells Bernstein no platform will dominate prediction markets, sizing the institutional …
‘He had his day in court:’ Sens. Lummis and Gallego press Trump not to pardon former FTX CEO Sam Bankman-Fried
Sam Bankman-Fried was found guilty on all seven counts related to defrauding FTX customers, lenders, and investors.
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 …
Benchmark sees Coinbase moving past ‘cyclical crypto brokerage,’ reiterates $270 price target
Benchmark reiterated its Buy rating on Coinbase, citing an expansive product rollout pushing it beyond a "cyclical cr…
Zama, Morpho and Steakhouse launch first ‘confidential DeFi yield’ vault on Ethereum
Zama, Morpho and Steakhouse launch the first confidential DeFi yield vault on Ethereum, letting firms earn yield with…
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 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…
Squid adds Ripple’s RLUSD stablecoin for cross-chain swaps
Cross-chain platform Squid has integrated Ripple's RLUSD stablecoin, allowing users to swap into and out of RLUSD acr…
Coinbase launching tokenized US stocks, backed 1:1, with holders able to receive dividends
Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering token…
Forward Solana treasury stock jumps 8% as smaller DATs reject acquisition bids
Solana DAT stocks are moving on Tuesday as the largest SOL DAT Forward works to keep its acquisition bids alive.
Binance may be forced to halt services for EU clients next month: Reuters
The reported setback comes just weeks before the EU's July 1 deadline for crypto firms to obtain MiCA authorization o…
Ripple buys into Flutterwave Series E at $3.2 billion valuation, backs RLUSD integration
Ripple backs Flutterwave's $3.2 billion Series E with RLUSD and XRP Ledger integration across 34 African markets thro…
State Street launches GENIUS-compliant money market fund for stablecoin issuers
SSCXX is a Rule 2a-7 government money market fund, a conservative type of fund that invests only in cash and yield-be…
Gate CrossEx: An Exchange-Native Answer to the Institutional Capital Fragmentation Problem
For sophisticated crypto desks, the bottleneck has rarely been finding liquidity, but rather moving capital fast enou…
Ledn says bitcoin-backed lending market could reach $1 trillion as securitization attracts institutional capital
The company estimates it has a 30% share of the global consumer bitcoin-backed lending market, originating $1.4 billi…
Robinhood cuts 10% of staff, expects $28 million in restructuring charges
Robinhood cut 10% of its staff and expects $28 million in restructuring charges tied to flattening management layers …
Robinhood cuts 10% of workforce as Tenev touts business strength
Robinhood cuts about 10% of staff as CEO Vlad Tenev says business “has never been stronger” despite weak Q1 trading.
BlackRock launches new Bitcoin ETF that generates income using a covered call strategy
BITA holds bitcoin and BlackRock’s bitcoin ETF (IBIT) and generates income by selling call options on up to 35% of…
Coinbase, AWS enable publishers on CloudFront and WAF to charge AI agents via x402 protocol
Coinbase and AWS are allowing publishers on CloudFront and WAF to charge AI agents for content via the x402 protocol.
India files charges against 8 defendants in alleged $20 million Coinbase spoofing scam
India's Directorate of Enforcement charged Chirag Tomar and associates over an alleged $20 million Coinbase spoofing …
‘That’s the wrong question’: Bitwise CIO reframes bitcoin bottom debate, points to long-term drivers
Bitwise CIO Matt Hougan said Galaxy, NYDIG, and Standard Chartered disagree on bitcoin's bottom, but all three expect…
French BTC treasury firm Capital B developing STRC-style bitcoin credit instrument
Capital B is developing a digital credit instrument similar to Strategy's STRC and Strive's SATA.
Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates
The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds i…
Standard Chartered says Uniswap’s UNI token could surge 40x to $100 by 2030
Standard Chartered Bank has initiated coverage of Uniswap and forecasts its UNI token could rise 40x to $100 by the e…
‘There’s room for win-win outcomes’: Largest Solana treasury firm Forward looks to acquire smaller SOL DATs
Forward Industries is offering to acquire Solana DAT competitors at a premium as their mNAVs slip along with the decl…