Business

Aave Launches Binding Arbitration Vote to Move $71M of Disputed ETH

Business / Leave a Comment

DeFi lender Aave and other stakeholders affected by the Kelp DAO hack last month have launched a binding Arbitrum governance vote to transfer $71 million in disputed ether to an address controlled by Aave LLC. A Constitutional Arbitration Enhancement Proposal, or AIP, is the DAO’s formal on-chain governance mechanism for approving binding protocol actions. This […]

Aave Launches Binding Arbitration Vote to Move $71M of Disputed ETH Read More »

What’s next for XRP as associated company Ripple secures $200 million in funding

Business / Leave a Comment

XRP continues to enter the same resistance zone that has rejected rallies since February, but the way it trades is starting to change. Price is no longer sold immediately after hitting the range. Instead, XRP holds near highs, which usually matters more than the initial breakout itself. News context • Ripple Prime secured a $200

What’s next for XRP as associated company Ripple secures $200 million in funding Read More »

The Clarity Act, in the flesh, unveiled by the US Senate Banking Committee before the hearing

Business / Leave a Comment

Legislation that could fully insert the U.S. crypto industry into the regulated financial system has emerged in its latest form, with the Senate Banking Committee unveiling the text of the Market Structure bill just after midnight on Tuesday, ahead of this week’s hearing expected to advance the effort. The latest version won’t offer many surprises

The Clarity Act, in the flesh, unveiled by the US Senate Banking Committee before the hearing Read More »

Canton Network’s digital asset targets $2 billion valuation led by crypto a16z: Bloomberg

Business / Leave a Comment

Digital Asset Holdings, the company behind the Canton Network blockchain used by several major banks and trading companies, is seeking $300 million from investors including Andreessen Horowitz’s crypto a16z, at a valuation of around $2 billion, according to Bloomberg. The funding round is expected to close in the coming weeks and the amount raised could

Canton Network’s digital asset targets $2 billion valuation led by crypto a16z: Bloomberg Read More »

Bitcoin Volatility Returns as CME Gap Trading Collides with Iran Risk

Business / Leave a Comment

The cryptocurrency market started the week in a volatile atmosphere, with bitcoin BTC$81,787.23 rising from $80,670 at 23:00 UTC on Sunday before peaking at $82,400 an hour later. The price then fell to trade in a fairly tight range, just below $81,000. The move coincided with the weekly opening of Bitcoin futures on the CME

Bitcoin Volatility Returns as CME Gap Trading Collides with Iran Risk Read More »

Trump Mobile buyers stuck without phones as TRUMP token sits 97% below peak

Business / Leave a Comment

Two Trump-branded companies aimed at retail buyers both find themselves in a difficult position months after their debut, but for different reasons. About 600,000 buyers have paid a $100 deposit for the gold-colored Trump Mobile T1 phone since its initial announcement, investing about $60 million in a company that hasn’t delivered a single confirmed device

Trump Mobile buyers stuck without phones as TRUMP token sits 97% below peak Read More »

The strategy has sold bitcoin before to reap tax losses in December 2022

Business / Leave a Comment

Disclosure: The author of this story owns stock in Strategy (MSTR). When Executive Chairman Michael Saylor confirmed during Strategy’s (MSTR) Q1 2026 earnings call on May 6 that the company was prepared to sell bitcoin, it seemed to mark a change for the world’s largest publicly traded cryptocurrency holding company. But the move would not

The strategy has sold bitcoin before to reap tax losses in December 2022 Read More »

Scroll to Top