Crypto-related stocks surged on Tuesday, riding the momentum of a broader crypto rally that has reignited risk appetite across digital assets with bitcoin (BTC) crossing above $90,000. Shares of Strategy (MSTR), the largest corporate BTC holder, and crypto exchange Coinbase (COIN) were up 8% to 9% during the session. Leading the move higher were bitcoin … Read more
Unicoin has rebuffed the U.S. Securities and Exchange Commission’s (SEC) attempt to negotiate a settlement agreement to close an ongoing probe into the Miami-based crypto company, its CEO Alex Konanykhin revealed in a Tuesday letter to investors. In his letter, Konanykhin said Unicoin was given an “ultimatum” by the SEC to attend a settlement negotiation … Read more
Bitcoin decentralized finance (DeFi) developer Arch Labs raised $13 million in funding toward building “ArchVM,” which the developers say will provide smart-contract functionality on the original blockchain. The funding round, which valued the company at $200 million, was led by Pantera Capital, according to an announcement on Tuesday. Arch’s plans to enable decentralized applications and … Read more
Janover (JNVR), the real estate-focused fintech company with a Solana (SOL) treasury strategy, has been renamed to DeFi Development Corp and purchased another $11.5 million worth of SOL tokens, the firm said on Tuesday. The move brings the company’s total SOL holdings to 251,842, including staking rewards, the company said. That’s valued at around $36.5 … Read more
Avalanche’s AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index (DLCS), has demonstrated exceptional bullish momentum, surging from 1403.33 to 1461.17 in the last 48 hours, representing a 4.12% gain, while the overall range spans 95.56 points … Read more
As the crypto space consolidates, MoonPay is quietly becoming the infrastructure layer for the next wave of Web3. With over 30 million verified users across 160 countries and a fully licensed global stack, the company is enabling everything from fiat onramps to embedded DeFi experiences. Originally launched to make wallet top-ups seamless via Apple Pay … Read more
Paul Atkins has taken the oath to formally become chairman of the U.S. Securities and Exchange Commission, which returns Mark Uyeda to his previous role as a Republican Commissioner after three busy months of service as the agency’s stand-in chief. Atkins permanently replaces the former chair, Gary Gensler, who the crypto industry had widely seen … Read more
Matter Labs, the company behind layer-2 blockchain ZKSync, has been sued by BANKEX, a defunct digital asset banking platform, for intellectual property theft. Former BANKEX employees Alexandr Vlasov and Petr Korolev stole the company’s technology to start Matter Labs, which received over $450 million in venture capital funding and has become a major player in … Read more
The European Central Bank is seeking changes to the European Union’s Markets in Crypto Assets legislation (MiCA) just months after the regulation took effect because it’s concerned U.S. support for crypto could lead to economic damage in the 27-nation bloc, Politico reported Tuesday. The bank is demanding a rewrite of MiCA, whose stablecoin provisions came … Read more
TAO, the native token of AI-focused blockchain Bittensor, has been causing tension on X between Digital Currency Group founder Barry Silbert and staunch supporters of bitcoin (BTC), the original and largest cryptocurrency. Author and bitcoin supporter Parker Lewis called Silbert and Raoul Pal, the presenter of The Journey Man podcast, a group of “affinity scammers” … Read more
