Business
Companies, funding, deals and the money behind the industry.
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Surprise nonfarm payrolls print sends Bitcoin back below 80K
Bitcoin slipped back below the $80,000 mark after a surprisingly strong US jobs report cast doubt on the likelihood of an imminent Federal Reserve interest rate cut, prompting…
Pineapple Financial puts $1B in mortgage records on Injective
Pineapple Financial has begun moving $1 billion worth of mortgage records onto the Injective blockchain, marking an early step in a broader plan to digitize a vast portfolio of…
FinCEN ties $13B in crypto scams to non-US operations
The US Financial Crimes Enforcement Network has linked roughly $13 billion in suspicious cryptocurrency activity to fraud operations based outside the country, pointing to…
Crypto Traders Are Pairing Meme Coins With Stocks on Robinhood—And It's Working (Sort Of)
A quirky new trading phenomenon is emerging on Robinhood's blockchain infrastructure, where meme coin enthusiasts are pairing joke tokens with tokenized versions of realworld…
'Send Your Lawyers': Robinhood Isn't Backing Down From AMC Over Stock Tokens
Robinhood is standing firm against AMC Entertainment after the cinema chain raised concerns about the trading platform's tokenized stock offerings in Europe, with legal experts…
Crypto Biz: AI took a back seat when Bitcoin started climbing
Corporate crypto strategies surged back into the spotlight this week as Bitcoin's renewed climb prompted companies to double down on direct digitalasset exposure, temporarily…
A16z-Backed OpenReserve Gets Approval for Full-Service National Bank
OpenReserve, a fintech startup backed by venture giant Andreessen Horowitz, has secured approval to operate as a fullservice national bank, positioning it to offer insured…
US law enforcement group moves to ‘neutral’ position on CLARITY Act
A prominent U.S. law enforcement organization has softened its stance on a major cryptocurrency market structure bill, shifting from open opposition to a position of neutrality as…
Zcash Hits Highest Price in Nearly a Decade, Crushing Short Bets
Zcash surged to its highest price in nearly a decade this week, catching short sellers off guard and triggering a wave of forced liquidations before broader market momentum faded.…
BitMEX Co-Founder Ben Delo Gives Farage's Reform UK Another £4 Million
BitMEX cofounder Ben Delo has handed Nigel Farage's Reform UK an additional £4 million, cementing his position as one of the party's most significant financial backers as it looks…
Robinhood isn't backing down after AMC CEO demands halt to stock tokens
AMC Entertainment CEO Adam Aron has publicly demanded that Robinhood cease issuing tokenized versions of his company's stock, but the brokerage is showing no signs of retreating,…
AMC CEO tells Robinhood to stop issuing stock token as industry executives weigh in
AMC Entertainment CEO Adam Aron has publicly demanded that Robinhood halt the issuance of tokenized shares of his company, arguing that the synthetic instruments could undermine…
From warning to listing: UK’s largest retail investment platform opens access to crypto ETNs
Hargreaves Lansdown, the United Kingdom's largest retail investment platform, is preparing to offer crypto exchangetraded notes to everyday investors, marking a dramatic shift…
U.S. Sheriff’s association shifts opposition stance to Clarity Act to 'neutral'
A prominent U.S. law enforcement group has softened its stance on the crypto market structure bill known as the Clarity Act, moving from active opposition to a neutral position…
Token buybacks are booming. But are they good for crypto projects?
Crypto projects are pouring hundreds of millions of dollars into buying back their own tokens, borrowing a page from Wall Street's playbook. But a growing debate is emerging over…
U.S. added stronger than expected 162,000 jobs in August as labor market bounced back
The U.S. economy added 162,000 jobs in August, surpassing analyst forecasts and signaling a rebound in the labor market that could shape the Federal Reserve's decision on interest…
Morning Minute: Crypto Stages Major Rally on Rate Hopes
Cryptocurrency markets surged sharply as renewed hopes for interest rate cuts fueled a broad rally, sending Bitcoin back above $81,000 and pushing several altcoins to fresh…
67,000 More Trezor Customers Exposed as Data Breach Widens
Hardware wallet maker Trezor is grappling with a widening data breach that has now exposed the personal information of roughly 67,000 additional customers, with some of the…
Kalshi US visits soar 1,500% as regulatory pressure mounts
Prediction market platform Kalshi has seen its US web traffic surge more than 1,500% over the past year, even as regulators and state authorities ramp up their scrutiny of the…
Trezor says data breach affects another 67K US customers
Hardware wallet maker Trezor has disclosed that an additional 67,000 customers in the United States were caught up in a data breach traced back to one of its shipping providers,…



