Shaurya Malwa / CoinDesk: India orders GitHub to remove Bitchat, the offline messaging app built by Jack Dorsey that is used by anti-government protestors amid internet blackouts — India's top cybercrime watchdog…
CoinDesk: Movement Labs, a layer-2 Ethereum blockchain developer, files for Chapter 11 bankruptcy after a period of upheaval that included a token scandal and Binance ban — Movement Labs, the developer behind the…
Krisztian Sandor / CoinDesk: Augustus, which is building a federally chartered “AI-native” clearing bank designed around stablecoins, raised $180M led by Tiger Global at a $1B valuation — Augustus, a…
CoinDesk: Crypto.com raised $400M from Citadel Securities in its first institutional funding round, valuing the Singapore-based crypto exchange at $20B — Crypto.com secured a $400 million strategic investment…
Ian Allison / CoinDesk: Source: Kraken is pursuing a full banking license in Europe, with a focus on Lithuania as the jurisdiction to secure it — Kraken, the cryptocurrency exchange planning to go public in the…
Francisco Rodrigues / CoinDesk: EDX Markets, an institutional cryptocurrency trading platform, raised a $76M Series C led by SBI Holdings — EDX Markets, an institutional cryptocurrency trading platform, said it…
Jamie Crawley / CoinDesk: Japanese financial giant SBI agrees to acquire Bitbank, a top 10 Japanese crypto exchange by trading activity, for ~$289M, with the deal set to close in October — Japanese financial…
Olivier Acuna / CoinDesk: Story Protocol, a blockchain-based IP ownership network that raised $140M, rebrands as Data Foundation to build an on-chain registry for AI training data — Palo Alto-based blockchain…
Will Canny / CoinDesk: Sources: Kraken is in talks to acquire a 15% stake in DeFi protocol Aave at a $385M valuation, investing 35,000 ETH in return for 250,000 AAVE tokens — Crypto exchange Kraken, part of…
Margaux Nijkerk / CoinDesk: The Ethereum Foundation cuts ~20% of its workforce, or 54 staff, as part of a broad restructuring amid leadership turnover and growing Ethereum fragmentation — The Ethereum Foundation…
James Van Straten / CoinDesk: Hive's stock jumps 5%+ after the company announced a $220M, three-year GPU cloud contract with Bell Canada and Cohere, as it pivots away from bitcoin mining — HIVE Digital…
Helene Braun / CoinDesk: Mastercard says it plans to offer on-chain settlement using several regulated USD stablecoins, initially supporting USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD — The company plans to…
CoinDesk: SEC filing: Strategy sold 32 bitcoin between May 26 and May 31 for ~$2.5M, at an average net price of $77,135 per coin, its first disclosed bitcoin disposal — The 8-K filing Monday says proceeds from…
Omkar Godbole / CoinDesk: Coinbase launches direct Indian rupee deposit and withdrawal rails via the Immediate Payment Service, aiming to remove its reliance on P2P and intermediaries — Coinbase announces INR…
Jesse Hamilton / CoinDesk: The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case — The regulator went back…
Krisztian Sandor / CoinDesk: LA-based Fasset, which offers stablecoin-powered banking and cross-border payments services across Asia, Africa, and the Middle East, raised a $51M Series B — The Shariah-compliant digital…