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Galaxy Digital (GLXY) testnet hacked, but no funds or customer information compromised

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Galaxy Digital (GLXY), the digital asset financial services company founded by Mike Novogratz, said it recently contained a cybersecurity incident involving unauthorized access to an isolated development workspace, according to a statement from a company spokesperson. “An insignificant amount of company funds used for testing in the isolated development workspace was impacted,” the spokesperson said […]

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Jamie Dimon Signals JPMorgan (JPM) Entry into Prediction Markets as Competition Intensifies

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JPMorgan (JPM) CEO Jamie Dimon said the bank is considering entering the prediction markets space, signaling growing interest from major financial institutions in a sector that has grown rapidly in recent months, including among crypto-native companies. “It’s possible that one day we’ll do something like that,” Dimon said on CBS on Tuesday, while ruling out

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Grayscale Research Head Outlines Bets on $19 Trillion Tokenization Wave

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Tokenization has become one of crypto’s favorite buzzwords, but Grayscale research head Zach Pandl said investors should think of it less as a single transaction and more as a long road map with different winners at different stages. Speaking at the EthCC conference in Cannes, France, Pandl said the trend is still in its infancy.

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Franklin Templeton launches crypto division with acquisition of 250 Digital

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Wall Street asset management giant Franklin Templeton is launching a dedicated cryptocurrency division as it deepens its digital assets business, anchored by the planned acquisition of cryptocurrency investment firm 250 Digital. The new unit, called Franklin Crypto, will bring together the 250 Digital team and its liquid crypto strategies – previously managed by CoinFund –

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Bitcoin Crashes Are Declining and Wall Street is Starting to Notice

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Bitcoin’s reputation has historically been built on extreme boom and bust cycles, with steep declines of up to 90% following all-time highs. This cycle, however, the decline has been closer to 50%, a change that analysts say reflects the maturation of BTC as an asset class. “Bitcoin’s declines compressing to around 50% are a sign

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OpenAI raises record $122 billion as revenue tops $2 billion per month

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Artificial intelligence giant OpenAI closed $122 billion in committed capital for a post-money valuation of $852 billion, a round that eclipses anything raised in private markets and cements the company by far as the most valuable startup in history. Funding was provided by Amazon, Nvidia and SoftBank, with continued participation from Microsoft. SoftBank was co-led

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Brazilian exchange B3 to launch “event contracts” linked to bitcoin

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Brazil’s main exchange, B3, will offer six new derivatives contracts on April 27 that will allow investors to bet on the likelihood of future events, ranging from the price of bitcoin to movements of the dollar and the Ibovespa index. The instruments, called Event Contracts, operate on a similar framework to prediction markets like Kalshi

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Crypto Rises As Oil Falls, But Futures Market Shows Hesitation: Crypto Markets Today

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Crypto markets rallied on Wednesday as oil momentarily fell below $100 a barrel after US President Donald Trump said the war in Iran would end in “two to three weeks.” Bitcoin BTC$68,547.42 is trading at $68,500 after rising 0.4% since midnight UTC and 3.1% over the past 24 hours, while ether (ETH) is back at

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