At the last moment, New Hampshire turned its back on a groundbreaking effort to establish what was supposed to be the first bitcoin-backed rated bond issued under state authority, with a government agency canceling the project. Just months after Moody’s Ratings gave the bond a Ba2 rating, the New Hampshire Executive Council, which reviews the […]
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Coinbase Chief Legal Officer Paul Grewal is leaving the company after a high-profile, years-long legal battle with U.S. regulators, and the U.S. exchange also announced new changes to its senior leadership. Grewal is leaving to work at a startup, according to a Thursday announcement from Coinbase. Molly Abraham will now lead the company’s legal team
With SEC Fight Over, Coinbase’s Top Legal Officer Grewal Leaves, Others Reassigned Read More »
Grayscale Chief Financial Officer Edward McGee has resigned after seven years at the crypto asset manager, becoming the latest senior executive to leave the company, according to a filing Thursday with the U.S. Securities and Exchange Commission. McGee resigned effective July 2 for personal reasons and not because of “any disagreement with the company or
Grayscale CFO leaves after 7 years at crypto asset manager Read More »
Tech giant Sony’s online banking unit said it has received conditional approval to establish a national trust banking subsidiary in the United States to support the issuance and management of dollar-denominated stablecoins. The planned unit, Connectia Trust, National Association, will be based in New York and capitalized at $40 million, according to an announcement from
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The unified version of the Clarity Act — which one person said would have added more than 70 pages of text — has yet to solidify a position on the main sticking point: a Democratic-demanded restriction preventing top government officials (including the president) from having business ties to the crypto industry. Without compromise on these
Average requests increased to 10.3% of shares from 9.7% in the first quarter, but vary widely (1.3% to 38.1% for Blue Owl’s OTIC), Fitch said. Many requests followed from investors which had only been partially satisfied in the last quarter. New inflows fell by around 56% on average, so most funds saw net outflows of
Others have taken a more macro view. Strive CEO Jack Mallers, among others, described the Bitcoin selloff as a warning of a macro-fiduciary liquidity crisis. Bitcoin has a history of acting early and aggressively on liquidity changes and is often considered one of the assets most sensitive to changes in money supply growth, Treasury operations,
Private credit faced $15 billion in redemption requests during brutal second quarter Read More »
The crypto market rebounded on Thursday after a midweek lull, with Bitcoin BTC$62,761.67 up 1.2% since midnight UTC at $63,000 while ether (ETH) rose 0.75% to $1,755. The move followed gains in the US stock market, with Nasdaq 100 index futures rising 2.6% in the past 24 hours despite escalating tensions between the US and
This summary was created based on the latest report from CoinDesk Research; Digital assets: quarterly review and outlook, with CoinDesk 5 and CoinDesk 20. – Joshua de Vos, Head of Research, CoinDesk Ask an expert Q: Is Asia growing through tokenization and stablecoins rather than spot Bitcoin ETFs? Institutional adoption in Asia is moving from
Q2 2026 Digital Asset Review Read More »
Using this approach, the company said Applied Digital (APLD), TeraWulf (WULF) and Cipher Mining (CIFR) appear to offer the greatest disconnect between their contracted businesses and current valuations. In each case, Compass Point asserts that the market places little, if any, value on additional AI capacity that has not yet been leased, despite the potential
