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A daily news site covering all things crypto and the decentralized web.
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Crypto Fund Manager CoinShares Begins Trading on Nasdaq via SPAC Deal

European crypto asset manager CoinShares positions for U.S. expansion as institutional players consolidate market share against Wall Street giants.
Algorand, Stable Lead Double-Digit Altcoin Surge as Bitcoin Tops $69K

Experts cite portfolio rebalancing and geopolitical easing as driving the crypto market rally, though caution persists.
Ripple Launches Treasury Management System with Native Digital Asset Capabilities

The novel platform allows CFOs and their treasury teams to manage fiat and digital assets in a single system, Ripple said.
Agencies Must Create Clear Prediction Market Rules to Avoid FTX-Style ‘Implosions’: CFTC Chair

Michael Selig argued that prediction markets operating offshore in “unregulated space” could lead to an FTX-style collapse.
Franklin Templeton to Buy CoinFund Spinoff, Build Out Crypto Investment Offering

Global asset manager Franklin Templeton is acquiring a CoinFund spinoff to build out its own crypto wing, Franklin Crypto.
Bitcoin Gets Its First Bond Rating as Moody's Grades New Hampshire Deal

Moody's has rated a New Hampshire Bitcoin-backed bond—a first for BTC as direct bond collateral.
The Quantum Threat to Bitcoin Dividing Crypto

Two papers published this week have reignited debates about the risk posed by “Q-day” to the cryptography that underpins digital assets.
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Cambodia Extradites Alleged Huione Crypto Scam Kingpin to China: Report

Chinese authorities have arrested Li Xiong, former chairman of Huione Group, linked by U.S. regulators to billions in illicit crypto flows.
Fed's Barr Says Stablecoins Need Tighter Controls to Fight Money Laundering

The Fed governor has previously said that stablecoins risk undermining the U.S. central bank’s credibility.
Elon Musk’s SpaceX Files Confidentially for Record-Breaking $1.75 Trillion IPO

Elon Musk’s rocket company has confidentially submitted IPO paperwork to U.S. regulators, potentially setting up one of the largest public listings in history.
Google's Veo 3.1 Lite Cuts API Costs in Half as OpenAI's Sora Exits the Market

Google's cheapest video model yet targets developers burned by high generation costs, arriving just days after OpenAI pulled the plug on Sora.
Solana DeFi Exchange Drift Protocol Exploited, Upwards of $285 Million Stolen

Solana-based perpetuals DEX Drift Protocol has suffered an exploit impacting more than $200 million in funds.
These Three Altcoins Just Got Leveraged Crypto ETFs

Volatility Shares, the company that launched the first leveraged crypto fund in the U.S., is expanding its roster to smaller digital assets
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Bitcoin, Gold, and U.S. Stocks Dive as Trump Pledges to Hit Iran ‘Extremely Hard’

Markets slumped as Trump claimed the Iran war was “nearing completion” while offering no clear plan to reopen the Strait of Hormuz.
Coinbase CLO: Clarity Act Deal on Stablecoin Yield 'Very Close'

The crypto exchange's top lawyer dismissed banking industry concerns about deposit flight as lawmakers work to finalize stablecoin provisions.
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Metaplanet Adds 5,075 BTC in Q1, Becomes Third Largest Bitcoin Treasury

The Tokyo-listed firm is now the third-largest Bitcoin treasury company—though that's partly down to MARA Holdings' recent sale of 15,000 BTC.
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US Attorney's Office Recovers $600K in Crypto Fraud Scheme Targeting Ledger Wallet Owners

Federal prosecutors in Connecticut seized over $600,000 in crypto linked to a fraud case that hit at least one Ledger hardware wallet user.
CFTC Settles With Former FTX Engineer for $3.7M, Closing First Individual Case

He built systems that moved billions in customer funds. Now, the CFTC has closed his case with no civil penalty, citing his cooperation.
Solana Meme Coin Linked to Death Hoax for 194-Year-Old Tortoise—Who Is Very Much Alive

Jonathan, a nearly 200-year-old tortoise, was widely mourned Wednesday—but his purported demise was a hoax, and there's a crypto connection.
Ethereum Founder Vitalik Buterin Details His 'Private' and 'Secure' AI Setup

Ethereum co-founder Vitalik Buterin detailed his local-first AI stack in a new blog post, including custom tools that rely on human approval.
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Coinbase Gets Conditional Approval From Banking Regulator—But Isn't Launching a Bank

Coinbase said Thursday that it is the latest crypto firm to secure a conditional bank charter from the Office of the Comptroller of the Currency.
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