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
Crypto.com Custody now supports institutional-grade staking and asset management on the TON Blockchain. TON Foundation joins Crypto.com Custody to boost secure access to its growing blockchain ecosystem. Crypto.com has expanded its institutional support to the TON blockchain through its Crypto.com Custody service—a digital asset storage platform designed to meet the needs of institutions and high-net-worth
Transak has officially listed Tether Gold (XAU₮), a gold-backed stablecoin issued by Tether, on its global stablecoin onboarding platform, as per the reports shared with Finbold on Monday, July 7, The listing allows users worldwide to purchase, transfer, and settle in gold-backed tokens without traditional intermediaries or physical storage requirements. Each XAU₮ token represents one
Bitcoin (BTC) bulls may have found an ally in President Donald Trump’s move to delay controversial trade tariffs. To this end, cryptocurrency analyst Ted Pillows has noted that Bitcoin’s recent price action is tracking a Wyckoff accumulation pattern, and Trump’s tariff delay could catalyze BTC to surge toward $120,000 in the coming weeks. In a
Shares of Mustang Bio (NASDAQ: MBIO) surged on Monday as investors responded to a significant approval from the Food and Drug Administration (FDA). By press time, Mustang Bio’s stock was trading at $5.11, marking a 329% surge. Over the past week, the equity has rallied by more than 400%. Notably, the stock is part of
As a new wave of public companies rush to load up on Bitcoin, one of the industry’s most closely followed ETF analysts is urging caution — not because of the cryptocurrency itself, but because of the direction in which this trend is taking businesses. Nate Geraci, president of The ETF Store and a prominent commentator
A huge number of companies bought or planned to buy Bitcoin today, displaying an accelerated global trend of corporate acquisition. It’s unclear what impact this growing movement will have on BTC’s ecosystem. Last week, public firms spent $275 million on BTC, while Metaplanet alone nearly equaled this amount. Strategy, Semler Scientific, Genius Group, and more
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Fifteen years ago exactly, Satoshi released Bitcoin v0.3. Well, it was really yesterday, but it was in the evening, so it counts. The version was Satoshi’s sixth going by this archive of the official bitcoin mailing list. It was bundled with