Institutional Crypto Demand Rises as DeFi TVL Slips Institutional crypto demand has strengthened to a six-month high even as DeFi total value locked has contracted, underscoring…
XCENA raises $135M at $570M valuation as AI capital shifts to infrastructure XCENA, the South Korea- and U.S.-based AI infrastructure startup, has raised $135 million in…
OpenAI Foundation commits $250M as political scrutiny rises OpenAI’s nonprofit foundation said it will commit an initial $250 million to grants, partnerships and direct work aimed…
Hyperliquid outcome trading draws 40% of active wallets Hyperliquid’s outcome-based trading has captured roughly 40% of the platform’s active wallets, underscoring how quickly the venue’s new…
Warsh Inflation Push Meets Treasury $150B Liquidity Drain Kevin Warsh’s push to reframe how the Federal Reserve measures inflation has landed as Treasury operations are pulling…
Samsung units buy $408 million stake in Dunamu Samsung Securities, Samsung SDS and Samsung Card agreed on Thursday to acquire a combined 4% stake in Dunamu,…
SoFi launches bank-issued stablecoin for 15 million users SoFi has rolled out SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, and is making…
Stablecoin Supply Flat as Bitcoin Exchange Balances Rise Stablecoin supply has been essentially unchanged for three weeks even as Bitcoin exchange balances have climbed, a pattern…
Sharplink Russell inclusion shows institutions still buying Sharplink’s planned Russell 2000 and Russell 3000 inclusion on June 29 underscores that crypto-linked equities are still drawing institutional…