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Crypto VC firm Dragonfly raises $650 million despite ‘bear market gloom’

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Cryptocurrency venture capital firm Dragonfly Capital has finalized a $650 million fourth fund, marking one of the industry’s largest raises at a time when many blockchain-focused venture capital firms are struggling, said managing partner Haseeb Qureshi. “It’s a strange time to celebrate,” Qureshi wrote on social media on Tuesday, describing the bad mood and “the […]

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Stripe Stable Company Bridge Gets Initial Approval to Form National Bank Trust Charter

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Bridge, a stablecoin infrastructure company owned by Stripe, said Tuesday that it has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to form a national fiat bank. The charter would allow Bridge National Trust Bank to issue stablecoins, maintain digital assets, and manage reserves under direct federal oversight. This

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Gemini fires COO, CFO and Chief Legal Officer after international exit and 25% staff reduction

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Gemini Space Station Inc. (GEMI) is parting ways with three top executives, including its chief operating officer (COO), chief financial officer (CFO) and chief legal officer (CLO), the exchange revealed in a filing Tuesday. COO Marshall Beard, CFO Dan Chen and CLO Tyler Meade are all leaving effective immediately, according to the filing. Beard also

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Bitcoin Cash (BCH) falls 2.2% and the flagship index is down

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CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1979.83, down 0.3% (-5.15) since 4 p.m. ET on Monday. Thirteen of the 20 assets are trading higher. Leaders: APT (+1.6%) and AAVE (+1.5%). Lagging behind: BCH (-2.2%)

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Italian banking giant Intesa Sanapolo discloses nearly $100 million in Bitcoin ETF assets, along with a hedging strategy

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Italian banking giant Intesa Sanpaolo has disclosed $96 million in Bitcoin ETF holdings and a substantial options position linked to strategy stocks, as well as a smaller crypto-related exposure. In a 13F filing for the quarter ending December 2025, the bank lists five Bitcoin ETF spot positions, including $72.6 million in the ARK 21Shares Bitcoin

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