Business
Companies, funding, deals and the money behind the industry.
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SharpLink Will Stake $200M of Ethereum Through Lido's wstETH
SharpLink Gaming announced plans to stake roughly $200 million worth of Ethereum through Lido's wrapped staked ETH token, wstETH, deploying about 12% of its total Ethereum…
Dartmouth endowment’s crypto exposure drops by $2M amid falling prices
Dartmouth College's endowment has seen the value of its cryptocurrencylinked investments fall by roughly $2 million, as declining digital asset prices weighed on holdings that now…
Kraken parent Payward revenue rises 17% as trading volume falls in Q2
Payward, the parent company of cryptocurrency exchange Kraken, reported a 17% jump in revenue during the second quarter even as trading volume across the platform declined,…
OpenAI Staff Blame Rush to Ship for Rogue Agent Hack
OpenAI staff, both current and former, are reportedly pointing to internal pressure to ship products quickly as a factor that made it harder to prioritize safety, following a…
Israel’s Largest Bank Will Give Bitcoin Trading Another Try
Bank Leumi, Israel's largest financial institution, is preparing to launch cryptocurrency trading services for its customers, marking a renewed effort after regulatory hurdles…
Another Bitcoin Miner Sells Off BTC to Fund AI Data Center Pivot
Bitcoin miner Hyperscale has liquidated the bulk of its Bitcoin holdings to bankroll a strategic shift toward artificial intelligence data center operations, joining a growing…
Israel’s largest bank taps Galaxy to offer Bitcoin, Ether, Solana trading
Bank Leumi, Israel's largest financial institution, has partnered with digital asset firm Galaxy to bring cryptocurrency trading to its customers, allowing them to buy, hold and…
Crypto Biz: Bitcoin’s $116M self-custody wake-up call
A staggering $116 million exploit of a single Bitcoin wallet has reignited a fierce debate over the safety of selfcustody, even as institutional appetite for the asset rebounds…
Fake LinkedIn Crypto Job Scams Have Cost $11.8M: Singapore
Singaporean authorities have warned that a wave of fraudulent cryptocurrency job offers spread through LinkedIn has drained roughly $11.8 million from victims, with attackers…
Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses
Bitcoin slipped to around $62,500 as traders braced for a potentially rough weekly close, with one analyst cautioning that the current price action could trigger deeper losses in…
Morgan Stanley’s BlackRock Bitcoin ETF holdings rise 23% in Q2
Morgan Stanley boosted its exposure to spot Bitcoin exchangetraded funds during the second quarter, with its position in BlackRock's flagship product climbing 23%, according to a…
JPMorgan boosts Bitcoin, Ether ETF positions in Q2 filing
JPMorgan disclosed a notable expansion of its cryptocurrency exchangetraded fund holdings in its latest quarterly regulatory filing, increasing its Bitcoin ETF stake by roughly…
Strategy says MSCI should measure markets, not dictate corporate assets
Strategy, the bitcoin treasury company led by Michael Saylor, has pushed back against index provider MSCI, arguing that firms compiling market benchmarks should measure markets…
Binance to restrict transactions involving HTX, 10 other crypto platforms
Binance announced it will halt transaction processing involving 11 cryptocurrency platforms, including the exchange HTX, which was recently named in the European Union's latest…
Ireland’s New AML Strategy Brings ‘Enhanced Checks’ on Private Crypto Wallets
Ireland has unveiled its firstever national antimoney laundering strategy, introducing tougher scrutiny of private cryptocurrency wallets and heightened due diligence requirements…
Gemini posts $108M Q2 net loss despite 37% revenue growth
Cryptocurrency exchange Gemini reported a net loss of $108 million for the second quarter, even as overall revenue climbed 37% year over year, according to newly released…
Morning Minute: Tether Finally Gets An Audit
Tether, the company behind the world's largest stablecoin, has completed a full audit of its reserves — a milestone that addresses years of skepticism about whether it truly holds…
Fear is fading across markets, be it bitcoin, stocks, gold or bonds
Volatility is draining out of financial markets across the board, with fear gauges for bitcoin, equities, gold and bonds all retreating even as geopolitical tensions and rising…
Shinhan Asset Management partners with Plume on tokenized fund pilot
South Korea's Shinhan Asset Management has teamed up with blockchain firm Plume to launch a pilot program for a tokenized fund, marking another step forward for traditional…
Trump family's World Liberty Financial delay plans to sell Maldives resort token
World Liberty Financial, the cryptocurrency venture linked to the Trump family, has postponed plans to sell a token tied to a luxury resort in the Maldives, citing regional…
- The bitcoin price level where leveraged bulls could get whacked
- XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- XRP slips below $1 even as a Korean regional bank adopts Ripple Payments
- Monad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no
