South Korea crypto tax petition hits 50,000-signature mark A South Korean petition opposing the planned 22% tax on crypto investment gains has crossed the 50,000-signature threshold,…
P2P perps raise $50M as volumes stay flat P2P-style perpetuals drew fresh venture backing this week even as trading activity across decentralized perps has remained uneven,…
OpenAI’s $500B valuation lifts private AI market bar OpenAI completed a $6.6 billion secondary share sale at a $500 billion valuation, Reuters reported, making the ChatGPT…
Kraken Wins Dubai Approval, Expands UAE Institutional Reach Kraken on Thursday said it has received regulatory authorization from Dubai’s Virtual Assets Regulatory Authority, a move that…
Agent banking raises $30M as stablecoin supply stays flat A new $30 million funding round for agent banking marks another vote of confidence in AI-driven financial…
Standard Chartered cuts 15% of corporate roles by 2030 Standard Chartered said on Tuesday it will cut more than 15% of corporate functions roles by 2030…
Bitcoin ETF Outflows Hit $649 Million in Single Day U.S. spot Bitcoin ETF outflows totaled $649 million on May 18, the largest single-day withdrawal from the…
South Korean Funeral Firm Posts $33M Loss on ETH ETF South Korean funeral operator Bumo Sarang has logged a paper loss of about 49.3 billion won,…
OpenAI Opens Singapore AI Lab as Crypto Inflows Fall OpenAI has committed more than S$300 million, or about $234 million, to open its first applied AI…