Industry news for Web3 professionals and blockchain careers
NYSE-listed Bitcoin mining company Cango has secured $75 million in fresh capital through a combination of strategic investment and convertible note financing, even as the firm faces potential delisti...
JPMorgan Chase is preparing to enter the prediction markets space, according to recent signals from CEO Jamie Dimon. The move represents a significant shift for the banking giant and highlights how tr...
Cango, the Chinese automotive transaction platform pivoting to blockchain technology, has raised fresh capital while navigating potential delisting from the NYSE due to its share price falling below $...
Meta is repositioning its approach to stablecoins, opting to collaborate with existing issuers rather than launching its own digital currency. This strategic shift marks a significant departure from t...
Moody's Ratings has assigned a credit rating to a New Hampshire municipal bond backed by Bitcoin, marking the first time a major credit rating agency has evaluated a bond using BTC as direct collatera...
Investment giant Franklin Templeton has acquired 250 Digital, a CoinFund spinoff, to establish Franklin Crypto, a dedicated division focused on institutional cryptocurrency investment management. The ...
Zodia Markets, the institutional digital asset platform backed by Standard Chartered, has announced a leadership transition as CEO and co-founder Usman Ahmad departs the company. Co-founder Nick Philp...
The crypto industry's focus on Layer 1 technical capabilities often overshadows a more fundamental challenge: governance structures that determine how blockchain networks evolve and adapt. For profess...
Chinese authorities have arrested Li Xiong, the former chairman of Huione Group, following his extradition from Cambodia. The case centers on allegations that Huione facilitated billions of dollars in...
Kulipa, a white-label stablecoin payment card infrastructure provider, has closed a $6.2 million seed funding round as demand grows for blockchain-based payment solutions. The platform enables fintech...
The U.S. Treasury Department has published its proposed rulemaking for the GENIUS Act, opening a 60-day public comment period for industry stakeholders and crypto professionals to provide feedback on ...
Monad has surpassed $350 million in total value locked (TVL), marking a significant milestone for the layer-1 blockchain that launched earlier this year. Despite this growth, the network still represe...
EDX Markets, the digital asset exchange backed by Charles Schwab and Citadel Securities, has filed for a national trust bank charter with the Office of the Comptroller of the Currency (OCC). The move ...
A trader on Hyperliquid has opened an $80 million position betting against Bitcoin while going long on oil, drawing attention to both the contrarian trade and the decentralized exchange platform's exp...
EDX Markets, the cryptocurrency exchange backed by traditional finance heavyweights including Citadel Securities, has applied for a national trust bank charter from the Office of the Comptroller of th...
South Korean cryptocurrency exchange Bithumb has pushed back its initial public offering timeline to 2028, extending its path to the public markets as it addresses internal operational challenges. The...
Drift Protocol has suspended user deposits after detecting unusual trading patterns on its platform, raising concerns about a potential security breach that could impact the decentralized exchange sec...
The cryptocurrency market shows technical indicators pointing toward a possible bullish reversal, though Bitcoin's struggle at the $69,000 resistance level may limit near-term gains. This market dynam...
Google has introduced Veo 3.1 Lite, a cost-optimized video generation model designed to address developer concerns about expensive AI video production costs. The release comes shortly after OpenAI dis...
Warren Buffett's Berkshire Hathaway has deployed $17 billion into US Treasury bills, a defensive move that may signal challenging conditions ahead for risk assets including Bitcoin and the broader cry...
