Business
Companies, funding, deals and the money behind the industry.
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Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms
Michigan gaming regulators are pressing ahead with efforts to block prediction market platform Kalshi from operating in the state, setting the stage for a legal confrontation that…
Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention
Bitcoin surged back above the $80,000 mark on Tuesday, climbing roughly 5% as the US dollar softened against major currencies amid what traders suspect is renewed intervention by…
Bitcoin ETFs Rebound as Ethereum and XRP ETFs End Winning Streaks
US spot Bitcoin exchangetraded funds swung back into positive territory on Wednesday, drawing more than $100 million in fresh inflows just a day after suffering their steepest…
CFTC Asks Judge to Dismiss CME Lawsuit Over Crypto Perpetual Futures
The Commodity Futures Trading Commission has asked a federal judge to throw out a lawsuit brought by the Chicago Mercantile Exchange challenging the regulator's approval of…
BitMEX co-founder contributed 75% of Reform UK’s donations in Q2 2026
Ben Delo, the cofounder of cryptocurrency derivatives exchange BitMEX, accounted for roughly threequarters of the donations received by Reform UK during the second quarter of…
Bitcoin Pumps as Fed Signals Rate Pause, $415 Million in Shorts Get Rekt
Bitcoin surged alongside equities on Friday after a Federal Reserve official signaled openness to keeping interest rates unchanged, triggering a wave of liquidations that wiped…
Sony Dismisses PS5 Buyers' $508M Tariff Refund Claim as 'Illogical'
Sony has pushed back against a proposed classaction lawsuit seeking $508 million in refunds for PlayStation 5 buyers, calling the tariffrelated claims "illogical" and asking a…
SoFi Links Banking Network and Stablecoin to Kraken in New Deal
Kraken and SoFi have struck a partnership that will connect the fintech firm's banking network and forthcoming stablecoin to the crypto exchange, marking a deeper push by both…
Crypto for Advisors: Why crypto earnings reports can be misleading
Crypto companies increasingly file quarterly earnings reports that look much like those of traditional public firms, but financial advisors and investors should approach these…
A memecoin making app becomes crypto’s top fee generators as Robinhood Chain activity explodes
A memecoin creation platform called Pons has surged to the top of crypto's feegeneration rankings, with users paying nearly $6 million in a single day to mint and trade tokens on…
Bitget in talks with Wall Street giants including BlackRock to fuel Asian distribution
Bitget is holding discussions with major Wall Street institutions, including BlackRock, as the crypto exchange positions itself to help distribute tokenized financial products…
VARA, Securitize sign MoU for tokenization innovation in Dubai
Dubai's crypto watchdog has partnered with tokenization firm Securitize in a move aimed at expanding realworld asset tokenization across the emirate. The Virtual Assets Regulatory…
Nvidia buys Hugging Face for $12.9B in push into AI software
Nvidia has agreed to acquire Hugging Face for $12.93 billion, a landmark deal that pushes the chipmaking giant deeper into the AI software ecosystem and secures access to a…
SoFi, Kraken tie up as crypto and banking push into each other's turf
SoFi Technologies and cryptocurrency exchange Kraken have struck a partnership that further blurs the line between traditional finance and digital assets, with Kraken joining…
Morning Minute: Strategy CEO Says Selling The Bottom Was Correct Move
Strategy, the corporate Bitcoin heavyweight formerly known as MicroStrategy, is defending a series of trades that saw the company sell Bitcoin near recent lows before buying back…
Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia
Pencil Finance has completed its inaugural onchain lending cycle, deploying $1 million in blockchainbased capital to fund education loans for 6,600 students across Southeast Asia…
Live updates: Bitcoin jumps above $81,000 as rates fall, dollar weakens
Bitcoin surged past $81,000 on Wednesday as falling interest rates and a weakening U.S. dollar gave risk assets fresh momentum, with crypto majors bouncing broadly across the…
Live updates: Bitcoin jumps above $79,000 as rates fall, dollar weakens
Bitcoin surged past $79,000 on Wednesday as falling interest rates and a weakening U.S. dollar pushed investors toward risk assets, with crypto majors broadly rebounding across…
Live updates: Bitcoin shrugs off higher oil prices as Japanese yen rallies
Bitcoin has climbed back above $77,500 as the broader crypto market posted broad gains, brushing aside a spike in oil prices and a strengthening Japanese yen. While the day's…
Live updates: Crypto majors bounce while global funds run their lowest dollar hedges since 2015
Bitcoin has climbed back above $77,500, leading a broad rally across major cryptocurrencies as global investors quietly pull back on their dollar protection to the lowest levels…
- Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered
- Your LG TV Might Still Be Listening to You—Even When It Looks Like It’s Off
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- OpenAI Chief Scientist Warns AI Labs May Need to Slow Down
- UK financial watchdog weighs lifting prediction markets ban: Report
