Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
Dorsey's plan strips out middle management, with AI handling coordination, product decisions, and internal alignment.
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DOJ Charges 10 Foreign Nationals Over Crypto ‘Wash Trading’ Scheme
Federal grand juries have indicted ten individuals tied to alleged pump-and-dump schemes, following an FBI undercover operation.
Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich
The contracts are regulated by Brazil's securities regulator and designed for professional investors with at least 10 million reais ($1.9 million) in assets.
Crypto Fund Manager CoinShares Begins Trading on Nasdaq via SPAC Deal
European crypto asset manager CoinShares positions for U.S. expansion as institutional players consolidate market share against Wall Street giants.
Pro-crypto PAC to be headed by Tether executive ahead of US midterms
A debate over stablecoin yield, likely to impact Tether, is underway in the US government as lawmakers consider a market structure bill.
Grayscale’s research head says tokenization will happen in waves and explains how to play it
Investors looking to bet on tokenization should think in phases, with institution-friendly networks like Canton likely winning first and Avalanche, Ethereum capturing more upside later, Grayscale's Zach Pandl said.
Algorand, Stable Lead Double-Digit Altcoin Surge as Bitcoin Tops $69K
Experts cite portfolio rebalancing and geopolitical easing as driving the crypto market rally, though caution persists.
EDX seeks OCC trust bank charter for institutional crypto custody
The crypto exchange seeks a charter from the Office of the Comptroller of the Currency to separate custody from trading and expand services under a regulated banking framework.
OpenAI raises a record $122 billion as revenue crosses $2 billion per month
The funding round, anchored by Amazon, Nvidia, and SoftBank, is the largest private funding in history.
Ripple Launches Treasury Management System with Native Digital Asset Capabilities
The novel platform allows CFOs and their treasury teams to manage fiat and digital assets in a single system, Ripple said.
Hyperliquid whale makes $80M bet on market crash: Is Bitcoin in trouble?
A Hyperliquid DEX whale has placed an $80 million bet that Bitcoin will crash and oil will rally, but data show this trader has lost millions in the past.
Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
Not all analysts agree that further drawdowns are over, as Bloomberg Analyst Mike McGlone insists the crypto bubble is over and bitcoin could still revisit $10,000.
Agencies Must Create Clear Prediction Market Rules to Avoid FTX-Style ‘Implosions’: CFTC Chair
Michael Selig argued that prediction markets operating offshore in “unregulated space” could lead to an FTX-style collapse.
US Treasury seeks public input for state-level stablecoin regulations
The Treasury published its notice of proposed rulemaking as the market capitalization of dollar-pegged stablecoins neared $300 billion.
CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher
Hedera (HBAR), up 3.6% from Tuesday, was also among the top performers.
Franklin Templeton to Buy CoinFund Spinoff, Build Out Crypto Investment Offering
Global asset manager Franklin Templeton is acquiring a CoinFund spinoff to build out its own crypto wing, Franklin Crypto.
Crypto exchange Bithumb to delay IPO until after 2028: Report
According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025.
Franklin Templeton launches crypto division with 250 Digital acquisition
The asset manager is creating a new “Franklin Crypto” unit to expand beyond ETFs and target institutional demand for active digital asset strategies.
Bitcoin Gets Its First Bond Rating as Moody's Grades New Hampshire Deal
Moody's has rated a New Hampshire Bitcoin-backed bond—a first for BTC as direct bond collateral.
Cango raises capital as it faces NYSE delisting risk with shares below $1
The bitcoin miner issued a $10 million convertible note and closed a $65 million insider-led round while racing to regain compliance with exchange rules.