Cross-chain infrastructure platform Squid has secured $6 million in a strategic funding round, with participation from Ripple, signaling growing institutional interest in blockchain interoperability solutions. The round was led by North Island Ventures, with additional backing from Dialectic and Borderless. Funding Details and Growth Trajectory This latest injection brings Squid’s total funding to $13.5 million
Steve Erlick and senior macroeconomics analyst Noel Acheson discussed the historic change in FED leadership and its potential impact on cryptocurrency markets. The discussion focused on the future of the markets in light of Jerome Powell’s term ending and Kevin Warsh’s expected succession. Noel Acheson, author and analyst for the Crypto Is Macrone newsletter, discussed
Strategy (NASDAQ: MSTR) is under renewed scrutiny, with noteworthy insider sales coinciding with ongoing volatility in Bitcoin (BTC) markets. Most notably, CFO Andrew Kang has sold 5,597 MSTR shares at prices between $163.98 and $166, according to May 19 SEC filings. Prior to the move, he received 12,500 shares through vested restricted stock units (RSUs).
Tetra Digital Group’s CADD, Canada’s first regulated Canadian dollar stablecoin issued by a financial institution, can now be custodied by Anchorage Digital for institutional clients. As of May 22, institutions can now hold CADD through Anchorage Digital, a federally chartered crypto bank and qualified custodian that offers regulated digital asset infrastructure to banks, fintechs and
Minnesota financial institutions can no longer afford to remain on the sidelines as Wall Street aggressively captures digital asset infrastructure, driving a state-level legislative push to halt deposit flight and insulate the local economy, a local legislator and a banker told CoinDesk. “Over the last several years, I’ve consistently heard concerns about the increasing amount
The prolonged slump in crypto markets is increasing pressure on firms with digital asset exposure, including Anthony Scaramucci’s SkyBridge Capital, whose flagship fund posted another quarterly loss. SkyBridge’s $1.3 billion SkyBridge Opportunity Fund fell nearly 13% during the first quarter of 2026, according to investor disclosures. Around 64% of the fund remains tied to crypto
A tiny island territory with a population smaller than most college towns is attempting something no nation has pulled off: running its entire economy onchain. Bermuda’s Premier David Burt is working with Circle to turn that vision into reality, with $USDC, Circle’s dollar-pegged stablecoin, serving as the digital plumbing. The effort isn’t theoretical anymore. On
US President Donald Trump made noteworthy remarks about the new Federal Reserve Chairman Kevin Warsh at a ceremony held at the White House. Trump said Warsh “will be remembered as one of the best Fed chairmen in history.” In his speech, Trump argued that he wanted Warsh to act independently, saying, “Don’t look at me,
IREN (IREN) co-founder Daniel Roberts outlined an ambitious vision for the company as a vertically integrated AI infrastructure platform in a lengthy X post on Friday, arguing that the biggest bottleneck in artificial intelligence is no longer chips, but physical infrastructure. “AI demand grows exponentially. Infrastructure doesn’t,” Roberts wrote, pointing to growing constraints around power,