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Anchorage Digital has confirmed it has been selected by BlackRock to provide custody services for the asset manager’s expanding suite of crypto investment products, including its spot Bitcoin ETF. The announcement comes as BlackRock continues to scale its digital asset operations amid rising institutional demand. According to BlackRock’s Head of Digital Assets, Robert Mitchnick, the
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Cap, a blockchain startup developing an interest-bearing stablecoin protocol, has closed an $8 million seed funding round led by traditional finance heavyweight Franklin Templeton. The round also drew support from institutional investors Susquehanna, Triton Capital, and crypto-native players including Nomura’s Laser Digital and market maker GSR. The investment signals a continued convergence between legacy finance
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Galaxy Digital is one step closer to becoming a Nasdaq-listed company, following approval from the U.S. Securities and Exchange Commission (SEC) of its long-anticipated corporate restructuring. The firm now plans to finalize its transition from a Cayman Islands–incorporated entity to a Delaware-based corporation—an essential step before debuting on the U.S. exchange under the ticker “GLXY.”
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FAT Brands, the publicly traded parent company behind Fatburger, Johnny Rockets, Round Table Pizza, and 15 other restaurant concepts, is now accepting Bitcoin for franchisee royalty payments. The move makes it the first major restaurant franchisor to integrate cryptocurrency into its royalty payment infrastructure and marks a significant step forward in corporate crypto adoption. With
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Bitcoin extended its losses over the weekend, hitting a three-week low amid intensifying macroeconomic pressures and renewed fears of a global trade war. As of Sunday evening, the asset had dropped more than 7.7% over a 24-hour period, falling to $77,000, according to data from CoinGecko. The downturn coincided with sharp moves in U.S. equity
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Against all probability, another solo Bitcoin miner successfully processed a block last week—netting a 3.125 BTC reward, worth over $259,000 at the time, including transaction fees. The event marked yet another in a string of similar wins by individual miners operating outside of traditional mining pools, fueling both curiosity and celebration across the crypto community.
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Bitcoin developer Agustin Cruz has proposed what could become one of the most consequential upgrades in the network’s history—a hard fork designed to transition BTC away from legacy cryptographic standards vulnerable to quantum computing. The proposal, titled the Quantum-Resistant Address Migration Protocol (QRAMP), was submitted as a draft Bitcoin Improvement Proposal (BIP) and suggests a
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Coinbase shares tumbled sharply on Friday, hitting their lowest level since September 2024, as U.S. markets reacted to escalating trade tensions triggered by President Donald Trump’s sweeping tariff plans. The stock fell over 13% during intraday trading before paring some losses to close down 6.38%. Currently, Coinbase sits roughly 54% below its 52-week high of
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Cryptocurrency exchange OKX has been hit with a €1.1 million ($1.2 million) penalty by Malta’s Financial Intelligence Analysis Unit (FIAU) after the agency uncovered a series of anti-money laundering (AML) violations during a compliance inspection of the company’s local entity, OKCoin Europe Ltd. The fine stems from an on-site examination conducted in April 2023, which
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The U.S. Senate Banking Committee voted 13–11 on Thursday to advance President Donald Trump’s nominee, Paul Atkins, to chair the Securities and Exchange Commission—further solidifying the administration’s pivot toward crypto-friendly financial regulation. The vote, split strictly along party lines, sends Atkins’ nomination to the full Senate for consideration. Atkins is a familiar face at the
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An international law enforcement coalition has shut down “Kidflix,” one of the most prolific platforms for child sexual abuse content, after a sweeping two-year investigation uncovered its widespread use of cryptocurrency to monetize illegal material. Described by Europol as one of the largest operations of its kind, the platform operated much like a streaming service,
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A New York-based law firm is ramping up efforts to gather investor testimony in preparation for a potential lawsuit involving the collapse of the Solana-based meme coin Libra (LIBRA). The Treanor Law Firm, which has been reviewing the circumstances around the token’s February launch, is now actively seeking individuals who lost funds in what it
