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Crypto wallet infrastructure firm Turnkey has raised $12.5 million backed by Circle Ventures and Sequoia Capital. Turnkey announced the raise on May 14, with participation from Archetype, Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, and Variant alongside Circle Ventures and…
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Grove’s Basin liquidity network can supply up to $1 billion in daily stablecoin liquidity to support redemptions for tokenized U.S. Treasury funds. Blockchain credit infrastructure company Grove has launched a liquidity network called Basin aimed at supporting instant redemptions for…
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Fasset, a stablecoin neobank serving 125 countries, has raised $51 million backed by Japan’s SBI Group and Investcorp. Fasset, a Los Angeles-based digital banking platform, uses stablecoin rails to move money across borders for small and medium-sized businesses, bypassing correspondent…
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South Korean exchange Upbit will pause Cosmos ATOM deposits and withdrawals from May 20 to support a network upgrade. Upbit announced the temporary halt via an official notice to users, stating the pause begins at 6:00 a.m. UTC on May…
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CLARITY Act advanced 15-9 with Democrat Ruben Gallego joining all 13 Republicans as Elizabeth Warren called it 'just not ready.'
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Bitget Wallet has appointed former Uber executive Jack Zhai as Head of the Americas as the company pushes to expand its self-custodial wallet business across the region. According to a statement shared with crypto.news, Zhai will oversee regional partnerships, user…
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U.S. voters have placed everyday economic concerns far ahead of crypto regulation, even as lawmakers prepare for a Senate Banking Committee vote on the CLARITY Act this week. According to a survey released Wednesday by Politico and polling firm Public…
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U.S. President Donald Trump’s reported plans for a large-scale pardon announcement have renewed attention on jailed cryptocurrency executives and software developers who have spent months seeking clemency from the White House. According to a Thursday report from The Wall Street…
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Parliamentary standards watchdog formally launched a probe into Nigel Farage over an undeclared £5M gift tied to crypto donations. The investigation centers on a £5 million payment Farage received from Christopher Harborne in early 2024, weeks before he reversed a…
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The copper gold ratio has broken above its 200-day moving average for the first meaningful time since September 2020. The copper gold ratio is a closely watched macro signal measuring the relative strength of copper, an industrial metal tied to…
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Keith Gill’s verified X account was apparently hacked on May 11, with bad actors using the Roaring Kitty profile to launch and dump a Solana meme coin. Two posts appeared on Gill’s verified X account at around 21:13 UTC on…
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Yellow Network chairman Alexis Sirkia says the CLARITY Act is the structural reset U.S. crypto has waited for. The CLARITY Act is moving faster than at any point in its legislative history. The Senate Banking Committee released a new 309-page…
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Tokenized Treasuries hit a record $15.35 billion on May 13 as Fed rate-hike fears drove investors toward on-chain yield. Tokenized Treasuries reached $15.35 billion in total value locked on May 13, surpassing the previous mid-April peak of $15.10 billion, according…
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Strategy’s perpetual preferred stock STRC may be playing an increasingly important role in shaping Bitcoin’s mid-month liquidity dynamics, according to K33 Research director Vetle Lunde According to reports, STRC’s structure creates predictable capital flow behavior, with dividends paid at the…
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Metaplanet loss hit $725 million in Q1 2026, driven entirely by a $737 million non-cash Bitcoin writedown. Tokyo-listed Metaplanet (TSE: 3350) reported a net loss of ¥114.5 billion ($725.6 million) for Q1 2026, a figure that reflects Japan’s accounting requirement…
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In a recent podcast appearance, investor Ray Dalio argued that fiat currencies are unlikely to remain the dominant form of global money, framing the current financial system as part of a long-term “debt and monetary cycle” that is beginning to…
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