Bitcoin’s decentralized finance (DeFi) ecosystem is experiencing renewed venture capital (VC) interest, signaling more demand for the world’s first cryptocurrency as it gains utility as a yield-bearing asset. Bitcoin DeFi, or BTCFi, is a technological […]
Changpeng “CZ” Zhao, former CEO of Binance, asked a Delaware bankruptcy court to dismiss FTX’s lawsuit against him. He claimed, among other reasons, that it has no jurisdiction, as CZ is not a US or […]
Key Takeaways OpenAI is considering a secondary stock sale at a valuation of about $500 billion, a two-thirds increase from its last valuation. Microsoft remains the primary investor holdout as OpenAI discusses its future as […]
The Philippines Securities and Exchange Commission (SEC) issued an advisory naming 10 major crypto exchanges, including OKX, Bybit, KuCoin, Kraken and others, for operating without the required authorization under the country’s new crypto regulations. The […]
Decentralized exchange Hyperliquid has reimbursed nearly $2 million to users affected by a brief outage last week, a move that may strengthen confidence in decentralized trading platforms. The Hyperliquid platform’s application programming interface (API) suffered […]
A viral Twitter thread by popular finance YouTuber Andrei Jikh reignited scrutiny over XRP’s real-world utility. The post prompted Ripple CTO David Schwartz and other crypto figures to publicly respond. The exchange laid bare the […]
Key Takeaways American Bitcoin Corporation, backed by the Trump family, is set for a Nasdaq listing through a merger with Gryphon Digital Mining. Shareholder vote on the merger is scheduled for August 27, following SEC […]
Crypto lobby group DeFi Education Fund has called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry after reviewing its recently published discussion draft on a key […]
Senator Lummis has introduced a bill to include crypto in mortgage approvals. The bill targets young buyers and aligns with FHFA’s recent crypto directive. Critics cite crypto’s volatility as a mortgage default risk. US Senator […]
Corporate cryptocurrency treasuries are emerging as a new class of public companies bridging traditional finance and digital assets, signaling rising institutional interest in crypto. Corporate cryptocurrency treasury firms including Strategy, Metaplanet and SharpLink have collectively […]
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