Silvergate’s Fraher breaks silence on settlement with Gensler’s SEC
The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a “multi-year...
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Nakamoto moves ahead with reverse stock split as Nasdaq deadline nears
Bitcoin treasury company Nakamoto has moved forward with a 1-for-40 reverse stock split after receiving a Nasdaq warning over its prolonged share price decline. Summary...
Map Protocol token plummets 96% after a quadrillion token mint exploit
MAPO, the native token of the Map Protocol, fell 96% on Wednesday after an exploit of the Butter Network cross-chain bridge, which allowed an attacker...
Coinbase USDF launch gives Flipcash a stablecoin edge
Coinbase and Flipcash have launched USDF, a Solana-based custom stablecoin fully backed by USDC, as Coinbase expands its branded stablecoin infrastructure business. Summary Coinbase powers...
SEC seeks public comment as it weighs prediction market ETFs
The US securities regulator is delaying the launch of a recent wave of “novel ETFs,” including those that allow investors to bet on the outcome...
AllUnity stablecoin SEKAU targets June in krona push
AllUnity stablecoin SEKAU is set to debut in June, backed 1:1 by Swedish krona reserves. Summary German startup AllUnity plans to launch SEKAU, a MiCA-compliant...
Trump Orders Fed to Review Crypto Firms’ Access to Master Accounts
In brief U.S. President Donald J. Trump signed an executive order Tuesday directing federal financial regulators to review and update rules for integrating digital assets...
Hyperliquid ETFs surprise with 50% volume jump after slow launch
US-based exchange-traded funds tied to HYPE recorded a 50% trading volume jump on Wednesday, in a rare move for newly debuted ETFs, according to analysts. ...
GSX settles $350m on-chain as $125m liquidity waits
GSX has settled over $350m on-chain while none of its committed $125m settlement liquidity has moved yet. Summary GSX co-founder Ryan Kirkley said zero of...
AI Watchdog Warns of 'Rogue Deployment' Risk at Top Labs, With Capabilities Growing Fast
In brief AI agents at top labs can potentially initiate unauthorized “rogue” operations, an independent report details, but agents currently lack the sophistication to sustain...