President Donald Trump's income included hundreds of millions of dollars in bitcoin and ethereum tied to his family's crypto company World Liberty Financial, as well as thousands of dollars in firms like Coinbase and Strategy, according to a financial disclosure report released on Tuesday.The 927-p…
Ethereum Name Service (ENS) co-founder Nick Johnson is pushing back against community claims that he rigged a recent governance vote in his favor. The controversy stems from votes on renewing the ENS DAO’s Security Council, a 4-of-8 multisig body with limited powers to cancel malicious proposals in…
Circle shares fell more than 16% on Tuesday after Open Standard announced Open USD, a new stablecoin backed by more than 140 companies including Visa, Stripe, Mastercard, BlackRock and Coinbase, as investors weighed the potential competitive threat to USDC.Analysts at William Blair said the sell-of…
The Securities and Exchange Commission is taking a fresh look at how cryptocurrency exchange-traded funds and a proposed new class of funds tied to prediction markets should be regulated following a wave of crypto ETF launches.On Tuesday, the SEC said it is seeking public comment on the regulation…
More than 140 companies, including Visa, Stripe, Mastercard, BlackRock and Coinbase have joined Open Standard to launch Open USD (OUSD), a new stablecoin that shares most of the earnings from its reserves.Open Standard said businesses will be able to mint and redeem Open USD without fees or volume…
Crypto exchange OKX has launched an agentic marketplace where autonomous AI agents can work for one another, and humans, to get paid in USDT or USDG stablecoins, according to an announcement on Tuesday."It's our biggest move into AI yet," an OKX representative told The Block. "Think Upwork for Agen…
Sovright, the non-profit successor organization to Zcash R&D firm Electric Coin Company, released a new wallet tool called Argos that will enable early Zcash users recover funds that became stuck after the old ZEC Wallet Lite stopped being maintained in 2022, according to an announcement shared wit…
MetaMask has launched Money Account, a new self-custodial feature inside its wallet that turns stablecoin balances into a productive, all-in-one financial account. The product was built on Monad, which will serve as its "home chain."According to Tuesday's announcement, Money Account will enable use…
Sharplink disclosed on Tuesday that it purchased 10,000 ETH and repurchased more shares under its ongoing buyback program, expanding one of the largest corporate ether treasuries in the public markets.The Miami-based company said the latest acquisition increased its total ether holdings to 886,725…
TD Cowen cut its price target on Strategy to $260 from $400, a roughly 35% reduction, while maintaining its Buy rating and describing the company's newly unveiled Digital Credit Capital Framework as "incrementally constructive" for credit visibility and capital flexibility.Analysts led by Lance Vit…
StarkWare released what it described as crypto’s “strongest” post-quantum roadmap, setting out a three-phase plan to make Starknet quantum-ready by replacing remaining elliptic-curve dependencies and introducing migration tools for existing contracts.The proposal builds on what StarkWare called Sta…
New York Life Investment Management is jumping into the tokenization space through a partnership with Centrifuge.On Tuesday, the firms announced the launch of the NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio (ticker: HYB), marking NYLIM’s first tokenized offering and one of the…
Carl Erik Rinsch, the director of "47 Ronin," was sentenced to 30 months in prison on Monday for stealing $11 million from a streaming company, which he had told the firm he needed to complete a science-fiction series, before funneling the money into stock options, cryptocurrency speculation, and p…
The state of Michigan issued a temporary restraining order on Kalshi, barring the prediction market platform from offering sports-related event contracts in the U.S. state.Ingham County Circuit Court Judge Rosemarie E. Aquilina issued the order on Monday, according to a statement from Attorney Gene…
Benchmark Equity Research reiterated its Buy rating and $570 price target on Strategy after the company introduced a five-component capital framework that expands its ability to repurchase securities, monetize bitcoin holdings, and manage capital deployment during periods of market stress.Strategy…
Self-exiled Chinese billionaire Guo Wengui, also known as Miles Guo, was sentenced to 30 years in a U.S. prison on Monday for fraud involving cryptocurrency, according to multiple media reports.U.S. District Judge Analisa Torres also ordered Guo to forfeit $889 million in restitution as part of the…
Tokenization infrastructure firm Securitize announced Monday that it is set to start trading on the New York Stock Exchange on July 2 after getting approval for its proposed merger with Cantor Equity Partners II (CEPT).In a Monday post on X, the company said that shareholders of Cantor have greenli…
Cathie Wood's Ark Invest purchased additional shares of Coinbase, Circle, Bullish, and Robinhood on Monday across three exchange-traded funds amid a stock rally.Ark's trading disclosure for Monday shows the company bought 45,164 Coinbase (COIN) shares across its ARKK, ARKW, and ARKF ETFs, worth $6…
The UK's Financial Conduct Authority on Tuesday finalized a broad crypto regulatory framework that introduces prudential requirements, market abuse controls and stablecoin standards ahead of a mandatory authorization regime scheduled to begin on Oct. 25, 2027.The regime sets a common regulatory fra…
The passage of the crypto market structure bill, or Clarity Act, before the November midterm election is "far from assured," as major hurdles remain, according to investment bank TD Cowen.The Senate is expected to begin considering the Clarity Act during the week of July 13, with Senate Majority Le…