Biotech firm jumps 19% after stablecoin rebrand and SKY token bet
Shares in NovaBay Pharmaceuticals jumped nearly 19% after the company announced it would change its name to Stablecoin Development Corporation...
Business
Kalshi and Polymarket back $35 million fund as prediction markets boom despite regulatory pressure
Two early Kalshi employees are raising up to $35 million for 5c(c) Capital, a fund aimed at backing startups building...
Morgan Stanley Pushes Closer to Bitcoin ETF With Amended SEC Filing
Morgan Stanley filed a second amended S-1 for its proposed spot Bitcoin exchange-traded fund (ETF), detailing seed capital, trading partners...
Crypto, Fintechs Race to Own Stablecoin Settlement Rails
Stablecoin issuers and fintech-linked firms are launching payment-focused blockchains as they try to control more of the settlement infrastructure behind...
BitFuFu Cuts Self-Mined Bitcoin by 60% in 2025
BitFuFu’s 2025 results showed a sharp shift in its business mix, with cloud mining overtaking self-mining as the company’s main...
Bluesky discloses $100 million Series B as user growth tops 43 million
Bluesky has disclosed a previously unannounced $100 million Series B round led by Bain Capital Crypto, a raise that was...
Execution Quality Is The Missing Metric In Bitcoin And Ethereum Markets
Opinion by: Arthur Azizov, founder of B2 VenturesTransaction cost analysis (TCA) has long been an important tool in equity trading....
Algorand Foundation Cuts Workforce By 25% Amid Market Uncertainty
The Algorand Foundation, the organization behind the Algorand layer-1 blockchain, said it had made the “difficult decision” to reduce its...
Maestro Debuts Bitcoin Credit Market for Institutional BTC Mining Yield
Bitcoin infrastructure provider Maestro has launched a Bitcoin-denominated credit market backed by mining economics, aiming to give institutions a new...
GSR moves to build one stop crypto capital markets platform with $57M acquisition
GSR has acquired Autonomous and Architech in a $57 million deal, according to a company announcement, as the crypto trading...
Metaplanet Raises $255M, Seeks $234M via New Strike Warrant Issuance
Metaplanet said Monday it raised $255 million in a private placement and launched a new warrant structure to fund additional...
Olivier Janssens’ Nevis Project Offers Residents $100 a Month
Belgian-born crypto millionaire, Olivier Janssens, reportedly offered to pay Nevis residents $100 per month if the government approves his development...
Crypto Can Fight Money Laundering Without Stifling Financial Freedom
Opinion by: Ana Carolina Oliveira, chief compliance officer at VengaCrypto doesn’t have a money laundering problem on its own. At...
Elon Musk removes more xAI founders during restructuring ahead of potential IPO
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace...
Bloomberg Strategist Warns of 2008 Replay for Global Markets
As the conflict involving Iran drags on and global energy supplies risk prolonged disruption, most financial assets are likely to...
Stablecoins Are Becoming Crypto’s Largest Wasted Resource
Opinion by: Artemiy Parshakov, vice-president of Institutions at P2P.orgStablecoins sit at the center of the digital asset economy, functioning as...
Binance.US Hires Compliance Lawyer as New CEO
Stephen Gregory, a former compliance executive at CEX.IO and Gemini, has taken over as CEO of Binance.US, a crypto exchange...
Papa John’s weighs $1.5 billion takeover offer from Irth Capital, stock jumps 20%
A Qatari-backed fund has made a $47-per-share offer to acquire Papa John’s and take the company private, The Wall Street...
Strategy Posts Record STRC Sales After ATM Rule Change
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, sold a record amount of its perpetual preferred equity, Stretch...
US Banking Group Weighs OCC Lawsuit Over Crypto Trust Charters
A US trade group made up of some of the country’s biggest banks is reportedly considering suing the Office of...
Judge Freezes 70 BTC from BlockFills in Court Dispute Tied to User Funds
A US judge has temporarily frozen 70.6 Bitcoin tied to crypto lending and trading firm BlockFills and ordered an accounting...
Kalshi and Polymarket weigh funding rounds at $20B valuations
Prediction market platforms Kalshi and Polymarket are exploring fundraising rounds that could value each company near $20 billion, according to...
