World Liberty Financial ($WLFI), a decentralized finance protocol affiliated with the Trump family, has filed a defamation lawsuit against TRON (TRX) founder Justin Sun. According to the announcement posted on X on May 4, $WLFI is accusing the crypto entrepreneur of organizing “a coordinated media smear campaign” that affects the reputation of the entire sector.
The alleged OpenAI information leaker Leopold Aschenbrenner has become an investing rising star since departing the company in 2024, as his Situational Awareness LP hedge fund has, in 2026, become a top-performer for its shareholders. Specifically, the investment vehicle saw a substantial 61% increase in asset value in just two months, according to the data
Crypto-related stocks rallied Monday, led by Circle (CRCL) and Coinbase (COIN), as progress on U.S. digital asset legislation and bitcoin breaking above $80,000 lifted sentiment across the sector. Circle, issuer of the USDC stablecoin, surged 18%, extending recent gains, while U.S.-focused crypto exchange Coinbase rose about 7%. BitGo (BTGO), a digital asset infrastructure firm offering
Major Wall Street operator Depository Trust & Clearing Corporation (DTCC) said Monday it will begin limited production trades of tokenized securities in July, with a broader launch of its platform set for October. The service, built within DTCC’s Depository Trust Company, will allow firms to issue digital versions of assets already held in custody, while
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2110.57, up 0.5% (+11.5) since 4 p.m. ET on Friday. Eleven of 20 assets are trading higher. Leaders: TAO (+4.1%) and LINK (+2.7%). Laggards: NEAR (-2.9%) and BCH (-2.1%).
GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business. The company on Sunday submitted a non-binding proposal to acquire 100% of eBay at $125 per share in cash and stock, according to an announcement. The offer
Last month, the $XRP spot ETFs recorded their largest monthly inflow so far this year, amid renewed institutional interest. Per SosoValue, the US $XRP spot exchange-traded funds saw a monthly total net inflow of $81.59 million in April. This recent figure took the cumulative total net inflow to $1.29 billion and the total net asset
Last week, the Fed held its final meeting as Chairman Jerome Powell, and as expected, kept interest rates unchanged. While interest rates remained the same, experts believe what changed was the Fed’s rhetoric on inflation. The decision to keep interest rates unchanged was generally expected. What was unexpected was the change in the Fed’s definition
US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to crypto,” alongside oil exports, shipping networks, and shadow banking channels. It is the first time the Treasury has named digital assets so explicitly in the context of the Iran pressure campaign, and it
Amid geopolitical tensions in global markets and record-high stock prices, renowned investor Cathie Wood shared her views on the current state of the cryptocurrency market and macroeconomic outlook. Wood made important assessments on many critical topics, from Bitcoin’s correlation with gold to the Fed’s interest rate policies. Wood pointed out a common misconception regarding the