American Bitcoin, the bitcoin mining and treasury company established by Eric Trump and Donald Trump Jr., said on Wednesday it would implement a 1-for-15 reverse stock split next week as it looks to maintain compliance with Nasdaq's minimum $1 bid requirement.The reverse split goes into effect afte…
President Donald Trump's newly released financial disclosure, which shows hundreds of millions of dollars in crypto-related income, is adding fresh urgency to bipartisan efforts to write ethics restrictions into a landmark crypto market structure bill.The 927-page financial document released on Tue…
Robinhood (HOOD) CEO Vlad Tenev and other executives unveiled what the company described as its "most ambitious global expansion and product vision to date" on Wednesday. During a livestream dubbed "The World is Flat" from the Old Royal Naval College in London, the team outlined its expansion to ne…
Venice AI, the privacy-focused artificial intelligence startup founded by crypto entrepreneur Erik Voorhees, has raised $65 million in a Series A funding round.Dragonfly led the round, with participation from North Island Ventures, Coinbase Ventures, F-Prime, Archetype, Liquid2 Ventures, Morgan Cre…
Bitmine, Sharplink, and Consensys CEO Joseph Lubin are backing another Ethereum-focused non-profit called the Ethereum Institutional, an independent organization "dedicated to accelerating the institutional adoption of Ethereum, its L2s, applications and overall ecosystem," according to an announce…
Shares of Forward Industries (FWDI), the top Solana digital asset treasury company, surged more than 17% on Wednesday after it said it expanded its treasury holdings by more than 500,000 SOL during its fiscal third quarter.Its total holdings now top 7.55 million SOL, worth about $576 million.The Na…
A Solana-based prediction market platform is launching, aiming to compete with market leaders Polymarket and Kalshi.The new platform has been christened World — not to be confused with the Sam Altman-backed, human verification project which shares the same name.According to a social media post, Wor…
Standard Chartered Bank initiated coverage of Morpho on Wednesday with a price target of $60 for the protocol's native token by the end of 2030, citing growth driven by DeFi adoption and vault-based asset management infrastructure.In a note to clients on Wednesday, the bank’s Global Head of Digital…
New York metropolitan area-based Panther Hollow Ventures officially launched its multi-strategy merchant bank today, marking a significant step by former crypto attorneys Eric Swartz and Jacqueline Escobar into full-scale institutional crypto investing.The firm, which combines venture capital, liqu…
Bernstein reaffirmed its Outperform rating on Circle Internet Group and kept its $190 price target, implying 203% upside, a day after CRCL stock closed down 17.5% on the launch of Open USD, a stablecoin backed by more than 140 companies, including Visa, Stripe, Mastercard, BlackRock, and Coinbase.A…
Multi-Asset Trading TerminalsThe integration of traditional equities into crypto venues represents a fundamental paradigm shift in global trading infrastructure. Rather than managing fragmented positions across siloed traditional brokerages and crypto exchanges, modern cross-asset market participan…
Paradigm-backed collateral markets platform Symbiotic is continuing to expand beyond its restaking roots with the launch of Symbiotic Core V2 on Wednesday."Symbiotic started out and was previously known as a restaking protocol, but Symbiotic Core V2 marks its transition into collateral markets, and…
Crypto hackers stole around $75.9 million across 40 major incidents in June, a 7.1% drop from May's $81.7 million, according to blockchain security firm PeckShield.The Humanity Protocol exploit accounted for the largest share at $31 million, per PeckShield's tally. Onchain analyst Specter first rep…
Europe’s years-long effort to bring crypto firms under one of the world’s most comprehensive regulatory frameworks reached a key milestone on Wednesday, as the final transition period under the Markets in Crypto-Assets (MiCA) regulation came to an end.The question now is how the end of MiCA's final…
Crypto companies have contributed $189 million so far to influence the 2026 U.S. midterm elections, accounting for 37% of the $517 million disclosed in corporate political spending this cycle, according to Public Citizen.The report, published Tuesday by the advocacy organization, identified Ripple…
Nearly 1,700 UK investors filed a group lawsuit against Binance, its founder Changpeng 'CZ' Zhao, and Abu Dhabi-based Nest Exchange in London's High Court on June 29, alleging the exchange sold unauthorized crypto derivatives to retail traders for years without regulatory approval.The claim form, f…
South Korea's top financial watchdog has referred two individuals to prosecution for suspected price manipulation in the crypto market.On Wednesday, the Financial Services Commission (FSC) announced that it has approved the referral of suspects in two separate market manipulation cases following di…
A Shanghai court has sentenced five Chinese individuals to up to six years in prison for facilitating more than $29.4 million in illegal cross-border foreign exchange transactions using crypto.In a post published Monday, the Shanghai Jingan District People's Procuratorate wrote that the authorities…
Taiwan's legislature has passed a law establishing a regulatory framework for the crypto industry, including rules for crypto trading platforms and stablecoin issuers.The Legislative Yuan passed the "Virtual Asset Service Act" in its third reading on Tuesday, officially sending the bill to Presiden…
Spot bitcoin (BTC) exchange-traded funds in the U.S. saw $4.5 billion in net outflows in June, marking their largest monthly withdrawal since the products launched in January 2024.According to SoSoValue data, the ETFs reported another day of net outflows on June 30, worth $222.6 million, ending the…