Coinbase has expanded plans for its “Everything Exchange” into Canada, bringing tokenized stocks, traditional financial products, and blockchain-based services closer to one platform for local users. Summary Coinbase plans to bring its Everything Exchange platform to Canada with tokenized stocks and traditional financial products. The exchange is working with Canadian regulators while preparing to launch…
Financial infrastructure startup Augustus has raised $180 million in a Series B funding round that values the company at $1 billion. Summary Augustus raised $180 million at a $1 billion valuation to expand programmable global dollar infrastructure. Tiger Global led the round as Augustus prepares federally chartered U.S. dollar clearing services globally. The bank plans…
The injection came after a painful crash in the local tech markets. China has launched one of its largest market interventions in years, funneling $2 billion worth of yuan into equities and ETFs tracking semiconductor companies among other tech firms. The move follows a steep correction in Chinese tech stocks, which came to a…
Balance Coin (BLC), an algorithmic stablecoin designed to track the U.S. dollar, lost more than 99% of its value after blockchain security firms reported a suspected exploit involving 42DAO. Summary Balance Coin lost more than 99% after security firms linked its collapse to 42DAO exploit. Attackers reportedly minted unbacked BLC before swapping tokens for USDT…
On-chain analysis showed no increase in NIGHT’s total supply, suggesting the selloff was linked to existing tokens rather than new issuance. NIGHT, the token behind Cardano’s privacy-focused Midnight network, plunged more than 43% earlier today to hit an all-time low of $0.01524. Speculation then mounted that the Midnight blockchain may have been hacked, causing…
Bitcoin price has retreated from nearly $67,000 after escalating U.S.-Iran hostilities pushed oil prices higher and tempered optimism created by progress on the CLARITY Act. Summary Bitcoin pulled back after briefly touching $66,965 as sellers defended the $67,000 resistance level. CLARITY Act progress, ETF inflows and short liquidations fueled BTC’s rapid advance. Rising oil prices…
Check out why some community members turned against the project’s team. The team behind the popular meme coin tried to settle an interesting competition, but instead became the subject of criticism from its community. SHIB’s price has finally rebounded, while several bullish factors suggest a much more substantial rally could be on the horizon….
Movement Labs has filed for Chapter 11 bankruptcy with no more than $500,000 in assets and liabilities that could reach $10 million following more than a year of turmoil around the MOVE token. Summary Movement Labs filed for Chapter 11 with up to $10 million in liabilities. Rushi Manche holds its largest unsecured claim, worth…
Glassnode reported improving derivatives activity despite muted spot trading in the Bitcoin market. Speculative activity in the Bitcoin market is showing signs of recovery even as spot market participation remains subdued, according to Glassnode’s latest findings. The analytics firm said spot trading activity continues to lack conviction, as Spot Volume fell below the lower…
Solana price has climbed to $78 after buyers defended support near $74, though repeated failures below $80 and lingering concern over the BONK governance attack have kept market sentiment cautious. Summary Solana price has recovered to $78 but must close above $80 to confirm a breakout. SOL trades above four key moving averages, while liquidity…
