Technology
Politics
Crypto industry wields growing influence in US politics with donations climbing over $190 million
Crypto-driven donations are playing a crucial role in toss-up districts as the industry tries to secure political allies.
Crypto
Stripe acquires stablecoin platform Bridge for $1.1 billion
Striped paid more than 5x more than the stablecoin platform's $200 million valuation.
Exchanges
Coinbase files FOIA requests targeting FDIC over crypto banking restrictions
The requests differ from the ones directed at the SEC in 2023 and seek clarity over alleged FDIC misconduct against crypto friendly banks.
Crypto
Institutional demand and rising ETP flows signal Bitcoin breakout – VanEck
VanEck also highlighted a strengthening correlation between ETP flows and Bitcoin's price movements.
Crypto
BlackRock eyes crypto derivatives market with BUIDL as collateral
The move could boost significantly the nearly $550 million market cap presented by BUIDL, the largest tokenized US treasuries fund.
DeFi
Fed official touts DeFi as ally, not rival, to traditional finance
Christopher J. Waller highlighted that DeFi tackles challenges presented by intermediaries, such as excessive costs and necessity of trust.
Staking
Nearly 70% of institutional investors commit to Ethereum staking – survey
Reputation, security, and liquidity emerge were key factors for institutional investors when selecting staking platforms.
Hacks
FBI arrests man for SEC social media hack over fake Bitcoin ETF approval post
The man allegedly performed a SIM swap attack using a fake ID card at a cell phone provider store, gaining access to SEC's social media.
Crypto
Jump Trading accused of pump-and-dump scheme in DIO token lawsuit
The market maker allegedly dumped the DIO token and bought it back, profiting from FractureLabs' efforts to raise funds.
Crypto
DeFi protocol Radiant Capital loses $48 million in second exploit this year
Hackers managed to gain control of the platform's Pool Provider contract, transferring ownership to a malicious contract.
Crypto
Crypto could solve some of AI’s most pressing challenges – a16z
As AI faces issues such as centralization, shrinking trust, and IP protection, blockchain infrastructures present potential solutions.
Crypto
Canary Capital files S-1 application for first spot Litecoin ETF in the US
Although a spot Solana ETF filing could be seen as asset managers betting on Trump, LTC is fundamentally different.