Business
Companies, funding, deals and the money behind the industry.
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Cardano hands core development to outside teams in decentralization push
Cardano is handing over control of its core software to a group of independent teams, marking one of the most significant structural shifts in the blockchain's history as it seeks…
Inside Robinhood’s high-stakes bet to onboard millions of casual users onto decentralized finance
Robinhood is wagering that its massive base of everyday investors can become the onramp that finally pushes decentralized finance into the mainstream, though early results suggest…
Inside Robinhood’s high-stakes bet to onboard 10 million casual users onto decentralized finance
Robinhood is wagering that its massive retail user base can become the bridge to mainstream decentralized finance, with the trading platform setting an ambitious target of moving…
Bitcoin price sags under $62.5K as Iran strikes add to US stocks pressure
Bitcoin slipped below $62,500 as escalating tensions between the United States and Iran rattled global markets, dragging both cryptocurrencies and equities lower for a second…
Japan's SBI Group is building Asia's first cross-border digital asset empire
Japan's SBI Group is moving aggressively to establish itself as the dominant player in Asia's digital asset market, announcing the consolidation of Singaporebased crypto exchange…
SBI acquires Singaporean crypto platform Coinhako after MAS approval
Japanese financial giant SBI Holdings has secured regulatory clearance from the Monetary Authority of Singapore to acquire a majority stake in Coinhako, a Singaporebased…
Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark
China's AI Breakthrough Rattles Markets Bitcoin and the broader cryptocurrency market slipped lower this week as a new artificial intelligence model from China's Moonshot AI…
Dutch court declares crypto platform Knaken bankrupt over missing funds
A Rotterdam court has declared Dutch cryptocurrency platform Knaken bankrupt after determining that the company did not hold enough assets to fully repay its users, citing missing…
Morning Minute: Citadel Securities Invests $400M in Crypto.com
Citadel Securities, the marketmaking giant founded by billionaire Ken Griffin, has committed $400 million to Crypto.com, marking one of the clearest signals yet that traditional…
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
A senior European Central Bank official has warned that the rapid rise of stablecoins could siphon deposits away from traditional banks, adding fresh urgency to Europe's push for…
AI frenzy losing steam leaves bitcoin less volatile than South Korean stocks
Bitcoin has entered a period of unusual calm, with its price swings now shrinking to levels below those of South Korean equities as enthusiasm for artificial intelligence stocks…
Bitcoin Tests $63K as Long-Term Holders Keep Selling at a Loss
Bitcoin slipped toward the $63,000 mark this week as a wave of selling from seasoned investors—many of them booking losses—coincided with a broader retreat from risk assets across…
Live markets: Bitcoin returns to $63,000 as Nasdaq trims large early loss
Bitcoin clawed its way back to $63,000 on Thursday after a punishing session that saw the cryptocurrency swept up in a global rout in semiconductor stocks, even as U.S. equities…
Live markets: Bitcoin slips below $63,000 as the chip rout goes global
Bitcoin dropped below $63,000 on Friday as a widening selloff among semiconductor stocks rippled through global markets, dragging risk assets lower and reversing the…
ESMA adds 14 new CASPs to MiCA register as licensing slows
The European Securities and Markets Authority has expanded its Markets in CryptoAssets register with 14 newly authorized cryptoasset service providers, pushing the total number of…
Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto
Bitcoin slid beneath the $63,000 mark on Friday as a broad wave of risk aversion swept across financial markets, with jitters over overstretched artificial intelligence stocks…
Crypto.com Hits $20B Valuation After $400M Citadel Securities Investment
Crypto.com has reached a $20 billion valuation following a $400 million investment from Citadel Securities, marking the exchange's first institutional funding round and…
Bitcoin bottom countdown nears 50 days after BTC supply in loss passed 50%
Bitcoin may be edging closer to a market bottom, with onchain data suggesting a familiar countdown that has previously signaled the end of bear markets. Nearly 50 days have passed…
US indicts crypto investor over alleged $20M fraud scheme
Federal prosecutors have charged a South Dakota investor with orchestrating a fraud scheme that allegedly bilked victims out of roughly $20 million, using false promises to lure…
Ether falls twice as hard as bitcoin and HYPE drops 10% as the chip trade unwinds
Cryptocurrency markets slumped on Friday as a broad selloff in technology and semiconductor stocks spilled over into digital assets, dragging ether down roughly twice as steeply…
- OpenAI Models Escaped Locked Test Environment, Hacked Hugging Face to Cheat on Benchmark
- Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
- Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?
