Former Binance CEO Changpeng Zhao recently took to the X social media network to shut down the idea that cryptocurrencies can result in quick gains. In fact, he urged potential investors to stay away from the nascent asset class if that is their goal. “If you want to get rich quick, don’t touch (and blame)
US President Donald Trump looks to revive ghosts of the April 2 ‘Liberation Day’ as he moves forward with his reciprocal tariffs ahead of the July 9 deadline. The president has announced a 25% tariff on goods from Japan and South Korea. Meanwhile, the BTC price is now at risk of dropping below the $108,000
Analysts at research and brokerage firm Bernstein have expressed optimism about the future of equity tokenization despite the controversy between Robinhood and OpenAI. The analysts predicted that the current regulatory tailwinds pushing the crypto industry forward would usher in an “equity tokenization wave,” and they back Robinhood to benefit. Robinhood wants to get more companies
Digital asset investment products experienced massive capital inflows of $1.04 billion over the past week, according to the new data reported today by market analyst CoinShare. As per the data, this influx marks this week as the 12th consecutive week in which digital asset products are recording remarkable capital inflows, highlighting strong and continued institutional
The Tony Blair Institute helped form a plan that proposed selling land in Gaza via blockchain tokens, the Financial Times reported Monday, after paying Palestinians to leave their land. The tokenization project would have also seen the region rebuilt with Dubai-style artificial islands and “blockchain-trade initiatives,” complete with Elon Musk and Donald Trump-themed areas. The
CoreWeave (CRWV) has agreed to acquire bitcoin miner Core Scientific (CORZ) in an all-stock deal valued at $20.40 per share, implying a ~16x FY26E EBITDA multiple, a steep discount to traditional data center peers, according to investment bank KBW. Core Scientific shares were 18% lower, trading around $14.75 at publication time. CoreWeave stock was down
Robinhood is now facing heat from European regulators after OpenAI said it wants nothing to do with the company’s new stock tokens. On Monday, Lithuania’s central bank confirmed it contacted Robinhood, asking for a full breakdown of how the hell these tokens, claiming to represent equity in OpenAI and SpaceX, actually work. The central bank
I’ve got some good news for you: Venture capital fundraising seems to be bouncing back after a slow May. According to Blockworks Research data, there was roughly $2.8 billion raised last month. Source: Blockworks Research If you remember from the last time we took a look at this data, VC funding topped off around $594
The cryptocurrency world is buzzing with the latest development from South Korea’s PiLab Technology, the innovative firm behind the L1 cross-chain Bifrost Network. In a move that signals significant strategic intent, PiLab has officially filed trademark applications for a trio of new stablecoins: MJPY, MKRW, and MUSD. This isn’t just a bureaucratic formality; it’s a