Archblock, TrustToken, and TrueCoin, the firms originally behind stablecoin TrueUSD, have declared Chapter 11 bankruptcy protection, citing Techteryx’s failure to pay invoices and Archblock being defrauded by “a sophisticated criminal enterprise working out of Eastern Europe.” This comes after Archblock and its sister firms became embroiled in a series of calamities and legal disputes and
Crypto tax confusion persists despite widespread adoption, with most U.S. investors aware of obligations but struggling to execute accurately as new reporting rules and portfolio complexity widen compliance gaps across digital asset markets. Data Reveals Crypto Tax Chaos as Investors Face Costly Errors Rising participation in digital assets has exposed a gap between compliance intent
Morgan Stanley’s E*Trade is in talks to take the lead in selling SpaceX IPO shares to everyday US investors, giving the brokerage an early advantage over Robinhood and SoFi in one of the most closely watched listings of 2026. Reuters reported Monday that SpaceX is considering routing a meaningful share of its smaller ticket retail
Two former Blackstone professionals Connor Dougherty and Lily Yarborough have closed a $25 million round to digitize private credit, betting blockchain can unlock faster and more transparent lending. The seed round was led by Castle Island Ventures, with participation from Susquehanna’s crypto arm, Maven11, and TeraWulf founders, Fortune reported Monday. The company declined to disclose
The world’s largest asset manager continues to move aggressively into crypto. BlackRock now plans to hire a Managing Director of Digital Assets in New York. This role carries a salary of around $350,000 and signals a serious long-term commitment. The firm wants a leader who can shape its approach to crypto, stablecoins, and tokenized finance.
Tokenized stocks just crossed $1 billion in total value locked, and crypto strategist Tanaka thinks most people in the market are still underestimating what that number actually signals. “If you ask me what the next market trend is, I would say tokenized stocks,” Tanaka wrote in an X post, framing the thesis around a problem
In his recent statements, Federal Reserve Chairman Jerome Powell highlighted the uncertainties in the current economic outlook, signaling that a cautious stance in monetary policy will continue. Powell stated, “We don’t yet know what the effects of the current situation will be on the economy,” adding that global developments and geopolitical risks, in particular, are
Prospects of interest rate rises are no longer just the U.S. story. Traders are now betting the Bank of Japan (BoJ) could tighten too as the resource-scarce nation faces inflation risks from the ongoing Iran war. Traders see a roughly 69% chance of the BoJ raising its benchmark borrowing cost at the April 28 meeting,