Kraken Bets Its Future on Making Crypto Irrelevant
The exchange that survived everything crypto could throw at it is now betting it can make crypto irrelevant to its own business model.
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Trump's Crypto Summit Gates Access by $TRUMP Holdings, Not Cash
The price of admission to the most powerful room in crypto? Hold enough $TRUMP tokens, and the President will tell you exactly what he plans to do about it.
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Coinbase Just Made the British Pound a Crypto Token
The first pound-pegged stablecoin on Coinbase signals less about crypto innovation and more about where traditional finance is willing to let the rails get built. Coinbase listed tGBP, its first GBP-backed stablecoin, as the global stablecoin market crosses $300 billion
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Bitcoin Hits Best Month in a Year on $5B Stablecoin Surge
While headlines scream about geopolitical chaos, the crypto market just shrugged and followed the money pouring into stablecoins instead. Bitcoin is tracking toward its strongest monthly performance in a year, driven by $5 billion in new USDT liquidity entering the market
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Morgan Stanley Just Copied BlackRock's $2 Trillion Stablecoin Playbook
BlackRock built the rails for stablecoin reserves, and now Morgan Stanley just showed up with a competing train. Morgan Stanley launched a money market fund specifically designed for stablecoin issuers to manage their dollar-backed reserves.
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USD.AI Hits $300M Before Most Traders Even Heard Of It
A token proved its own prediction market right, then nearly tripled in value before most people noticed what was happening. CHIP token's market cap exploded from $300M to $830M in 48 hours, confirming its own prediction market resolution about USD.AI's fully diluted valuation
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Tether Freezes $344M—Proving Stablecoins Are Just Faster Banks
The freeze proves what crypto's idealists hate admitting: stablecoins are banks that can move faster than the Fed, but obey just the same.
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Jane Street Accused of Insider Trading Before Terra's $40B Collapse
The collapse already got litigated. Now the trading firm wants to make sure it doesn't get litigated twice. Jane Street filed to dismiss Terraform Labs' insider trading lawsuit, arguing the reasons for Terra's collapse have already been settled in court
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Morgan Stanley Bets Billions on Stablecoin Issuers Before Banks Catch Up
Wall Street's moving faster on stablecoin infrastructure than the banks want regulators to. Morgan Stanley launched a fund designed to help stablecoin issuers meet GENIUS Act compliance requirements, aiming to reduce depegging risks
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USDC Reserves Hit $7.5B While Bitcoin Traders Scream Trap
The market structure says rally, but the traders say trap. Bitcoin exchange reserves hit their lowest levels since 2017 while USDC stablecoin reserves on exchanges push above $7.5 billion, creating a classic setup for a short squeeze.
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BIS Warns Crypto Exchanges Now Function as Unregulated Banks
The global banking watchdog just called out crypto's worst-kept secret: your exchange is offering bank products, taking bank risks, but skipping the boring part where they actually protect your money.
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JPMorgan Tells Wall Street DeFi Is Too Broken to Touch
Wall Street's most powerful bank just told institutions to stay out of DeFi, and the numbers say they already were.
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Bitcoin Holds $77K While Crypto Fear Index Hits 3-Month High
Fear is a floor, not a ceiling, and Bitcoin just found its footing. Bitcoin's sentiment metrics hit a 3-month high while holding $77K, though the Crypto Fear & Greed Index remains stuck in "Fear" territory since January 18.
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Blockchain Capital Raises $700M After Nailing the Coinbase Bet Early
The money that backed Coinbase when it was still a scrappy bet is back in the market, and it's hunting at both ends of the risk curve. Blockchain Capital is raising $700 million across two funds: its seventh early-stage fund and second growth fund, targeting completion in five to six months.
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Bitcoin Crashes From $80K as Traders Dump Everything at Once
Bitcoin kissed $80,000 and then flinched, dragging the entire crypto market into profit-taking mode while investors wonder if a Fed chair nominee just moved the goalposts.
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North Korea Drains $292M in Single DeFi Heist, Triggers $10B Panic
A nation-state just walked off with $292 million through a DeFi bridge, triggered $10 billion in panic withdrawals, and forced a Layer 2 to freeze assets for the first time in its history.
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DoorDash Quietly Turns 3 Million Gig Workers Into Crypto Users
DoorDash just turned 3 million gig workers into the frontline of stablecoin adoption, and none of them will notice. DoorDash is deploying stablecoin payouts to Dashers through Tempo, a Stripe-backed blockchain network designed for enterprise payment flows.
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DeFi Loses $13 Billion in 48 Hours—Not From a Crash
DeFi just lost $13 billion in TVL in 48 hours, and it wasn't a market crash. Volo Protocol lost $3.5 million across three vaults holding WBTC, XAUm, and USDC, days after the KelpDAO breach triggered a sector-wide cascade
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Ramp Makes $8B Bet That Stablecoins Just Became Corporate Money
A $8.1 billion corporate spend unicorn just made stablecoins feel like regular money. Ramp rolled out zero-fee conversions between USDT and dollars across its entire corporate card and spend management platform
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Crypto Billionaire Accuses Trump's Token Project of $150 Million Extortion
The first lawsuit between a crypto billionaire and a sitting president's token project just landed, and it's about to stress-test how much regulatory theater we're willing to tolerate in Web3.
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